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     <!-- Client Name:    Playboy Enterprises Inc.                                         -->
     <!-- Project Name:   Form 8-k                                                         -->
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<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=2>SECURITIES AND
EXCHANGE COMMISSION  </font></h1>

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<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=1>WASHINGTON, D.C. 20549  </font></h1>

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<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=3>FORM 8-K  </font></h1>

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<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=3>CURRENT REPORT  </font></h1>

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<P Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=1>Pursuant to Section 13
or 15(d) of the<Br>Securities Exchange Act of 1934  </font></p>

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<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=3> </font></h1>

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<P Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=2>Date of Report (Date of
Earliest Event Reported): May 7, 2003 </font></p>

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     <P Align=CENTER>_________________ </p>

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<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=3>PLAYBOY ENTERPRISES,
INC.  </font></h1>

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     <P Align=CENTER>_________________ </p>

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<P Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=2>(Exact Name of
Registrant as Specified in Charter) </font></p>

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<Td Align="Center" Width="33%"><Font Face="Times New Roman, Times, Serif" Size=2>DELAWARE</font></td>
<Td Align="Center" Width="34%"><Font Face="Times New Roman, Times, Serif" Size=2> 001-14790 </font></td>
<Td Align="Center" Width="33%"><Font Face="Times New Roman, Times, Serif" Size=2>36-4249478</font></td>
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<Td Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>(State or Other Jurisdiction of  Incorporation) </font></td>
<Td Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2>   (Commission File Number)  </font></td>
<Td Align="Center"><Font Face="Times New Roman, Times, Serif" Size=2> (IRS Employer Identification No.)</font></td>
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<P Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=2>680 NORTH LAKE SHORE
DRIVE, CHICAGO, ILLINOIS 60611<Br>__________________________________________________ <Br>(Address
of Principal Executive Offices) (Zip Code)  </font></p>


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<P Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=2>Registrant&#146;s
telephone number, including area code: (312) 751-8000<Br> ______________  </font></p>


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<A NAME=A011></A>
<P Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=2>NOT APPLICABLE<Br>
__________________________________________________<Br>(Former Name or Former Address, if
Changed Since Last Report) </font></p>

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<H1 Align=LEFT><Font Face="Times New Roman, Times, Serif" Size=2>Item 9. Regulation FD
Disclosure. </font></h1>

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<P><Font Face="Times New Roman, Times, Serif" Size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
May 7, 2003, Playboy Enterprises, Inc. (the &#147;Company&#148;) announced that David F.
Zucker is resigning as the Company&#146;s President and Chief Operating Officer, effective
May 9, 2003, to become the Chief Executive Officer of Midway Games Inc. </font></p>
<Br>

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<H1 Align=CENTER><Font Face="Times New Roman, Times, Serif" Size=3>SIGNATURES </font></h1>

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<P><Font Face="Times New Roman, Times, Serif" Size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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. </font></p>

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    <Td Width="38"><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; <!-- Type "date:" Here--> </font></td>
    <Td Width="238"><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; Date:&nbsp;May 7, 2003</font></td>
    <Td Width="254"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;<!-- Company --> <B>PLAYBOY ENTERPRISES, INC.</B> </FONT></td>
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    <Td Width="219"><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; <!-- Date--> </font></td>
    <Td Width="28"><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; </font></td>
    <Td Width="26"><Font Face="Times New Roman, Times, Serif" Size="2">By: </font></td>
    <Td Width="238"><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp;/s/ Linda G. Harvard<!-- Name -->&nbsp;</font></td>
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    <Td><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; </font></td>
    <Td>   </td>
    <Td><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; </font></td>
    <Td><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; </font></td>
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    <Td Width="219"><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; <!-- Date--> </font></td>
    <Td Width="28"><Font Face="Times New Roman, Times, Serif" Size="2">&nbsp; </font></td>
    <Td Width="26"><Font Face="Times New Roman, Times, Serif" Size="2"> </font></td>
    <Td Width="238"><Font Face="Times New Roman, Times, Serif" Size="2">  <!-- Name --> Linda G. Havard<BR>ExecutiveVice President
<BR>Finance and Operations, and<BR>Chief Financial Officer</font></td>
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{"company-data": {"conformed-name": "PLAYBOY ENTERPRISES INC", "cik": "0001072341", "assigned-sic": "2721", "irs-number": "364249478", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14790", "film-number": "03687148"}, "business-address": {"street1": "680 NORTH LAKE SHORE DRIVE", "city": "CHICAGO", "state": "IL", "zip": "60611", "phone": "3127518000"}, "mail-address": {"street1": "680 NORTH LAKE SHORE DR", "city": "CHICAGO", "state": "IL", "zip": "60611"}, "former-company": {"former-conformed-name": "NEW PLAYBOY INC", "date-changed": "19981020"}}
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