Thursday, October 21, 2010

Bob Guccione, Penthouse magazine founder, dies at 79

Bob Guccione, who founded Penthouse magazine and built an adult-entertainment empire, died yesterday in Plano, Texas. He was 79. Guccione died at Plano Specialty Hospital after combating cancer. Born in Brooklyn, New York, in 1930, Guccione started Penthouse in the mid-1960s. By the 1980s, he had created a $300 million media business and Penthouse had a circulation of 4.7 million.

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