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§ Apparently Playboy (NYSE:PEI) is considering a suit against Jay Grdina and Club Jenna, Inc. because just about no one has lived up to their promises. A banker I know at LaSalle Bank in Chicago says that Christie Hefner is super pissed about Jenna bailing on the endorsement deal, Jay forcing her out and not revealing his criminal past, and the piss-poor assortment of whores he has signed onto the label. Let's just say Jenna won't have that Rolls Royce for long.
I'd be curious to know what promises were broken or what contractual obligations went unfulfilled. If Playboy didn't do their due diligence regarding background checks of the principles involved, that's stupidity on their part; especially considering we're talking about the porn industry.
On the contract performers, it always struck me that CJ was trying to "mold" someone into the next Jenna (it ain't gonna happen) in a changed marketplace that doesn't want a performer like that but what performance clause could hold Jay accountable for picking the next industry darling?
And as far as Jenna's continued endorsement is concerned, given some of her recent pictures and statements, do they really want her at the forefront of their efforts to restore some kind of branding these days? Their establishment of the gonzo lines, in effect chasing the existing market, shows they are looking to find something new that will sell outside of the canned footage of Jenna from years back but whoever is running the company right now sure seems to be shooting in the dark.
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"I'm rich. I'm a strong, trained fighter. I own a gun. And I am completely...fucking ... psychotic." Kurt Lockwood ranting yet again