Pointing to business challenges, Playboy founder and Editor-In-Chief, Hugh Hefner, announced the magazine would stop printing nude photos. The magazine will apparently move toward "Instagram style" photos instead of the racy centerfolds.

The New York Times details the move that Hefner decided on during a meeting last week. Hefner says the changes would bring the publication more in line with modern thinking. Models will still be featured in "provocative poses" and there will be a "Playmate of the Year".

Playboy has experienced a steady drop in readership. It had a circulation of 5.6 million in the 1970's, but figures have since dropped to around 800,000 currently. The move comes after Playboy saw an increase in website traffic after banning nude pictures online.