Playgirl, the female's equivalent of Playboy magazine, will be closing down its print operations at the start of next year. Nicole Caldwell, the magazine's editor-in-chief, confirmed the rumors with MediaBistro.

According to Caldwell,"Playgirl is going all-Web. The last print issue will be the Jan/Feb 2009 magazine, which comes out Nov. 18."

The website will feature more videos and pictorials, and less editorial content, although at this point the details are scarce.

Declining revenues from print sales undoubtedly contributed to the decision shift their focus entirely online.

The magazine was founded in 1973 as the feminist alternative and response to men's magazines such as Penthouse and Playboy.