As news came down today that after nearly 70 years, the entire staff of Sports Illustrated was notified their jobs were being eliminated, many in sports media shared their thoughts.
Yesterday, The Arena Group alerted staff members, confirming that owner Authentic Brands Group had revoked the Sports Illustrated license from them.
Authentic Brands Group has owned the magazine and website since 2019 and sold the publishing rights to Arena Group, however, it is being reported they missed a payment which led to the revocation. Arena also oversees TheStreet, Parade and Men’s Journal.
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