Brief: Playboy Enters Into Multiple New China License Agreements

Playboy

30/04/2024 12:11

April 30 (Reuters) - Plby Group Inc  PLBY.O :
    * PLAYBOY ENTERS INTO MULTIPLE NEW CHINA LICENSE AGREEMENTS
    * PLBY GROUP INC: FIVE-YEAR LICENSE AGREEMENT WITH GUANDONG
DUHAN
INDUSTRIAL CO., LTD
    * PLBY GROUP - DUHAN WILL LICENSE SELECT PLAYBOY
INTELLECTUAL
PROPERTY IN CHINA FOR CERTAIN MEN'S AND WOMEN'S APPAREL AND
ACCESSORIES
    * PLBY GROUP INC - DUHAN IS REQUIRED TO PAY MINIMAL
ROYALTIES OF
APPROXIMATELY $37 MILLION
    * PLBY GROUP INC - NEW LICENSE PARTIALLY REPLACES A
TERMINATED
LICENSE AGREEMENT.

Source text for Eikon:  ID:nGNX1kgn5Y 
Further company coverage:  PLBY.O 

 (Reuters.Briefs@thomsonreuters.com)