For decades, Playboy tried to set itself apart from other "men's publications".
At its peak, the magazine had seven million readers. But circulation has plummeted and is now somewhere below 400,000.
Changing fashions made Playboy an anachronism and after a series of relaunches, it is now trying to appeal to the millennial, MeToo generation.
Founded by Hugh Hefner in 1953, it offered not only titillation but also serious writing, publishing short stories by writers as diverse as Margaret Atwood and Roald Dahl.
Hefner died in 2017 and for the first time, no members of the Hefner family are involved in the magazine, which is run by financier Ben Kohn.