Getting your player ready...
Bob Guccione, 79, Penthouse magazine founder, died Wednesday in Plano, Texas, after a long battle with cancer.
The Brooklyn, N.Y.-born Guccione introduced Penthouse to the American public in 1969, at the height of the feminist movement and the sexual revolution.
The adult publication billed itself as “the magazine of sex, politics and protest,” and quickly challenged Playboy magazine by offering a mix of tabloid journalism and provocative photography.
Guccione had estimated the magazine earned $4 billion during his reign as publisher, although he lost much of his personal fortune on bad investments and risky ventures.
The Associated Press
