ny11117.eep

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): May 7, 2003

_________________

PLAYBOY ENTERPRISES, INC.

_________________

(Exact Name of Registrant as Specified in Charter)


DELAWARE 001-14790 36-4249478
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

680 NORTH LAKE SHORE DRIVE, CHICAGO, ILLINOIS 60611
__________________________________________________
(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)





Item 9. Regulation FD Disclosure.

                On May 7, 2003, Playboy Enterprises, Inc. (the “Company”) announced that David F. Zucker is resigning as the Company’s President and Chief Operating Officer, effective May 9, 2003, to become the Chief Executive Officer of Midway Games Inc.





SIGNATURES

                Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


    Date: May 7, 2003   PLAYBOY ENTERPRISES, INC.

    By:  /s/ Linda G. Harvard 
     
    Linda G. Havard
ExecutiveVice President
Finance and Operations, and
Chief Financial Officer