SCHEDULE 13G 
 
Amendment No. 1 
Playboy Enterprises Incorporated 
common stock 
Cusip # 728117201 
Filing Fee: No 


Cusip # 728117201 
Item 1:	Reporting Person - FMR Corp. - (Tax ID:  04-2507163) 
Item 4:	Commonwealth of Massachusetts 
Item 5:	None 
Item 6:	None 
Item 7:	None 
Item 8:	None 
Item 9:	None 
Item 11:	0.00% 
Item 12:	HC  
 
 


Cusip # 728117201 
Item 1:	Reporting Person - Edward C. Johnson 3d - (Tax ID:  ###-##-####) 
Item 4:	United States of America 
Item 5:	None 
Item 6:	None 
Item 7:	None 
Item 8:	None 
Item 9:	None 
Item 11:	0.00% 
Item 12:	IN  
 
 


SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS 
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b) 
 
 
Item 1(a).	Name of Issuer: 
 
		Playboy Enterprises Incorporated 
 
Item 1(b).	Name of Issuer's Principal Executive Offices: 
 
		680 North Lake Shore Drive  
		Chicago, IL  60611 
 
Item 2(a).	Name of Person Filing:  
 
		FMR Corp. 
 
Item 2(b).	Address or Principal Business Office or, if None, Residence: 
 
		82 Devonshire Street, Boston, Massachusetts  02109 
 
Item 2(c).	Citizenship: 
 
		Not applicable 
 
Item 2(d).	Title of Class of Securities: 
 
		common stock 
 
Item 2(e).	CUSIP Number:   
 
		728117201 
 
Item 3.	This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) and the 
person filing, FMR Corp., is a parent holding company in accordance 
with Section 240.13d-1(b)(ii)(G).  (Note:  See Item 7). 
 
Item 4.	Ownership 
 
	(a)	Amount Beneficially Owned:
	None 
 
	(b)	Percent of Class:
	0.00% 
 
	(c)	Number of shares as to which such person has:   
 
	(i)	sole power to vote or to direct the vote:
	None 
 
	(ii)	shared power to vote or to direct the vote:
	None 
 
	(iii)	sole power to dispose or to direct the disposition of:
	None 
 
	(iv)	shared power to dispose or to direct the disposition of:
	None 
 
 


Item 5.	Ownership of Five Percent or Less of a Class. 
 
	If this statement is being filed to report the fact that as of 
the date hereof, the reporting person has ceased to be the 
beneficial owner of any of the class of securities, check the 
following (X). 
 
Item 6.	Ownership of More than Five Percent on Behalf of Another Person. 
 
	Not applicable. 
 
Item 7.	Identification and Classification of the Subsidiary Which Acquired 
the Security Being Reported on By the Parent Holding Company. 
 
	Not applicable. 
 
Item 8.	Identification and Classification of Members of the Group. 
 
	Not applicable.  
 
Item 9.	Notice of Dissolution of Group. 
 
	Not applicable. 
 
Item 10.	Certification. 
 
	Inasmuch as the reporting persons are no longer the beneficial 
owners of any of the number of shares outstanding, the 
reporting persons have no further reporting obligation under 
section 13(d) of the Securities and Exchange Commission 
thereunder, and the reporting persons have no obligation to 
amend this Statement if any material change occurs in the facts 
set forth herein. 
 
 
Signature 
 
	After reasonable inquiry and to the best of my knowledge and 
belief, I certify that the information set forth in this 
Schedule 13G in connection with FMR Corp's beneficial ownership 
of the common stock of Playboy Enterprises Incorporated at 
November 30, 1994 is true, complete and correct.  
 
 
 
	December 5, 1994	 
Date 
 
 
 
	/s/Arthur S. Loring 
Signature 
 
 
 
	Arthur S. Loring, Vice 
President	 
Name/Title