As filed with the Securities and Exchange Commission on October 19, 2000
================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): OCTOBER 19, 2000
PLAYBOY ENTERPRISES, INC.
--------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
DELAWARE 1-6813 36-4249478
------------------- ------------------- -------------------
(State or other jurisdiction (Commission File (IRS Employer
of incorporation Number) Identification No.)
680 NORTH LAKE SHORE DRIVE, CHICAGO, ILLINOIS 60601
--------------------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (312) 751-8000
--------------
NOT APPLICABLE
--------------------------------------------------------------------------------
(Former name or former address, if changed since last report)
================================================================================
<PAGE>
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
(a) DISMISSAL OF INDEPENDENT ACCOUNTANTS. The Registrant and its
subsidiaries have dismissed PricewaterhouseCoopers LLP as their independent
accountants, effective upon the filing by the Registrant of its Quarterly Report
on Form 10-Q for the nine-month period ended September 30, 2000.
The independent accountants' reports of PricewaterhouseCoopers
LLP on the consolidated financial statements of the Registrant for each of the
fiscal years ended December 31, 1999 and December 31, 1998 contained no adverse
opinion or disclaimer of opinion and neither of those reports was qualified or
modified as to uncertainty, audit scope or accounting principle.
During the Registrant's two fiscal years ended December 31,
1999 and December 31, 1998, and through October 19, 2000, there were no
disagreements between the Registrant and PricewaterhouseCoopers LLP on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure, which disagreements, if not resolved to the
satisfaction of PricewaterhouseCoopers LLP, would have caused it to make
reference to the subject matter of the disagreement in connection with its
report.
The Registrant has requested PricewaterhouseCoopers LLP to
furnish it a letter addressed to the Securities and Exchange Commission stating
whether it agrees with the above statements. A copy of that letter is filed as
Exhibit 16.1 to this Current Report on Form 8-K.
(b) ENGAGEMENT OF INDEPENDENT ACCOUNTANTS. Upon the recommendation
of its Audit Committee, the Registrant's Board of Directors has appointed Ernst
& Young LLP as its new independent accountants, effective upon the filing by the
Registrant of its Quarterly Report on Form 10-Q for the nine-month period ended
September 30, 2000.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
16.1 Letter from PricewaterhouseCoopers LLP to the
Securities and Exchange Commission dated October 19,
2000
2
<PAGE>
SIGNATURES
----------
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
PLAYBOY ENTERPRISES, INC.
By: /s/ Linda G. Havard
----------------------------------
Name: Linda G. Havard
Title: Executive Vice President,
Finance and Operations, and
Chief Financial Officer
(Authorized Officer and
Principal Financial and
Accounting Officer)
Dated: October 19, 2000
3
