Posted on 01/19/2024 10:12:51 AM PST by T.B. Yoits
The Arena Group alerted all Sports Illustrated staffers on Friday that their positions were being eliminated.
Richard Deitsch, a sports media reporter who left for Sports Illustrated for the Athletic, posted the email that all employees received on X.
It noted, in part, that some employees would be “terminated immediately.”
The decision comes after the Authentic Brands Group, the licensing group that bought Sports Illustrated for $110 million from Meredith five years ago, terminated the agreement it holds with The Arena Group to publish the magazine in print and digital, per Front Office Sports.
“Some employees will be terminated immediately, and paid in lieu of the applicable notice period under the [the union contract],” the notice read. “Employees with a last working day of today will be contacted by the People team soon. Other employees will be expected to work through the end of the notice period, and will receive additional information shortly.”
The Arena Group missed a $2.8 million payment that breached the company’s Sports Illustrated licensing deal three weeks ago.
(Excerpt) Read more at nypost.com ...
There are a lot of DEI left-wing hacks writing sport articles on the internet for free. Why pay for a magazine with the same dribble.
The new Playboy company can do the swimsuit issue. About as risqué as they get these days. Might even rehabilitate the Hefner brand.
Their attempt at having AI write their articles failed and they fired the CEO, Ross Levinsohn.
https://www.bbc.com/news/world-us-canada-67619015
This rag will likely continue in some form or another since the SI name still has a lot of cache. But it will be very much truncated.
Haven’t read SI since the mid 80s.
Why do you need SI when there’s ESPN and other sports networks?
Too Bad, So Sad, I don’t care.
You missed nothing.
Walk into a barned n Noble. You will dre maube 700 to 1000 titles on sale
Life Illustrated.
Quit caring about sports in general around then anyway.
“..the entire staff told they are getting laid...”
“I’ve got fudge!”
The latest one for 2024 had fat chicks in it.
What’s “Sports Illustrated”?
/s
Many decades ago, this was one of my favorite magazines.
This is the feel good story of the day.
They can push their perversion elsewhere—I hear that public schools are hiring grooming teachers these days....
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