Things at Playboy magazine are expected to take a while to turnaround as the cost-savings resulting from the deal with American Media, which is handing newsstand sales and representation for the mag title, takes effect.

During the Q&A parts of the call, Flanders indicated that the Playboy would like for more partners like American Media and IMG, which has just been tapped to manage the brand’s licensing in Asia. But don’t expect a sale anytime soon. Despite early progress in Flanders’ tenure as CEO in striking a sale, talks with Iconix fell apart in December. And there doesn’t seem to be anything new on the horizon. For Flanders’ part, that’s okay. “I wasn’t brought in for the specific purpose of making a sale,” he said. “I was brought in to increase shareholder value.”