Playboy CEO Ben Kohn called California "anti-business" and "extremely expensive" as the company relocates its headquarters from L.A. to Miami Beach.

The Miami Beach headquarters at the top of a luxury office building will include studios to support Playboy's “growing creator network” and the club will have a restaurant as well as a members-only section inspired by the Playboy Mansion in Los Angeles, the company said Thursday in a statement.

Well, it only took the  Los Angeles Lakers until 2025 to figure out they should probably honor one of their most successful coaches with a statue. Better late than never, right?

On Thursday, the Lakers announced that Riley will have his statue outside of Crypto.com Arena unveiled on Feb. 22. As reporter Ryan Ward mentioned, the unveiling will come right before a matchup against the Boston Celtics.

Playboy Enterprises will relocate its headquarters from Los Angeles to Miami Beach, becoming the latest high-profile company to abandon California.

The longtime company plans to open at a penthouse space in an ultra-luxury commercial development and will launch a private club and content studio.

Federal agents were in attendance as Gov. Gavin Newsom took to downtown Los Angeles Thursday to promote his redistricting plan. Mike Case reports for the KTLA 5 News at Noon on Aug. 14, 2025. Details: