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Via Paul Riddell, I see that Penthouse Magazine is in serious trouble.

Is this bad news for publishing in general, or just the sign of a once-powerful brand being usurped by newer, hipper brands offering the same kind of thing without the smarm? I don’t know. But ever the optimist, I’ll try to take the “Half-full” line and hope this doesn’t mean the beginning of the end for magazine publishing. Seeing as how I’m trying to become a freelance writer, you know.

(Not that Penthouse is a market I plan to submit to, in any case. But I imagine Oliver Willis may be sad at this news.)