Sports Illustrated

The Detroit Lions have been picked to win Super Bowl LIX (59) by a leading sports magazine ahead of the 2024 NFL season. Here's why that could be a good thing and a bad thing. What Happened: The Detroit Lions were one of the most talked about teams in the 2023 NFL season, thanks to a 12-5 record...

The iconic sports magazine Sports Illustrated is not closing down as previously feared. Following a tumultuous period marked by layoffs and managerial changes, a new chapter unfolds for the publication.  Authentic Brands Group, the owner of Sports Illustrated’s intellectual...

Sports Illustrated staffers learned of job cuts Friday in the wake of a missed $2.8-million payment by Arena Group Holdings Inc (NYSE:AREN) to Authentic Brands Group, the owner of the nearly 70-year-old publication. Authentic has terminated the licensing agreement that allows The Arena Group to...

Maye Musk, 74, has joined a long list of supermodels who have graced the cover of Sports Illustrated. Musk has been a career supermodel for over 50 years, appearing on the covers of numerous magazines such as Time, Women's Day and Vogue. This cover, however, came as a surprise to the world...

Fed Chairman Jerome Powell said on Monday that inflation is too high and that the FED is ready to take action as needed. Powell’s tone has shifted tremendously since last year, when he described the inflation we were seeing as "transitory," meaning that it would soon pass. ...

Sports Illustrated is launching non-fungible tokens of some of its iconic covers in a new deal announced this week. What Happened: Sports Illustrated, an Authentic Brands Group company, announced a partnership with OneOf to create a non-fungible token collection of several of its magazine...

NCAA athletes began signing deals on July 1 to monetize their name, image and likeness (NIL) after a new NCAA ruling opened the door for endorsements. One of the many deals announced that day was Haley Cavinder and Hanna Cavinder, twin basketball players from Fresno State signed a deal with...

The first half of 2021 saw several high-profile companies go public with IPOs. Among the most well-known companies that completed their public offerings in 2021 were Coinbase Global Inc (NASDAQ: COIN), Bumble Inc (NASDAQ: BMBL), Roblox Corp (NYSE: RBLX), Petco Health and Wellness Company Inc (...

TheMaven Inc (OTC: MVEN) shares traded sharply lower on Wednesday on news the company will lay off 9% of its staff and initiate cost-containment measures. The company is the publisher of Sports Illustrated and TheStreet. TheMaven announced late Monday a wide-ranging cost-containment plan...

Authentic Brands Group on Monday evening announced it finalized the purchase of Sports Illustrated from Meredith Corporation (NYSE: MDP) for $110 million. What To Know The purchase includes Sports Illustrated’s associated brands including Sports Illustrated, Sports Illustrated Kids,...

Meredith Corporation (NYSE: MDP), a company that owns multiple TV stations, digital and mobile operations and other media platforms, agreed to acquire Time Inc (NYSE: TIME), the content company best known for operating People, Time, Fortune, and Sports Illustrated magazines. What You Need To Know...

Time Inc (NYSE: TIME) traded up 27 percent Thursday after Charles and David Koch were revealed as the backers of Meredith Corporation (NYSE: MDP)’s takeover bid. The Koch brothers agreed to back Meredith’s purchase with more than $500 million, according to the New York Times ...

Print is dead. Long live content. At a time when Internet news portals are exploiting all the video and graphic-driven gimmicks at their disposal, a startup called The Athletic is a local, subscription-based news service that - wait for it - focuses on quality reporting. With no ads. The Athletic...

Immediately after completing its acquisition of Yahoo! Inc. (NASDAQ: YHOO), Verizon Communications Inc. (NYSE: VZ) began trimming its expanding media portfolio. The Huffington Post, operated by Verizon subsidiary AOL, laid off 39 employees Tuesday, including the publication’s lone Pulitzer...

Time Inc (NYSE: TIME), which was spun off from Time Warner Inc (NYSE: TWX) in mid-2014, could be another casualty of an industry-wide malaise that has rendered print media on the brink of extinction. As print advertising revenues suffered, the company was striving to make a mark in the digital...