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 ...
Maybe adding men in bikinis and women in burquas to the Swimsuit Issue was a bad idea.
I can see her ankles! Hubba hubba!!
IIRC, SI was an early adopter.
“Do we get to keep the swimsuit issue?”
Why, are you into homosexual doods?
Go woke, go broke
They disrespected their customers and their customers quit buying what they were selling.
I got rid of broadcast television in 1997. I couldn’t have done it if I was into watching sports on television.
Spare the tranny swimsuit issue!
Yes
But only the uggos and high mass density models as that’s what is hot according to unlikable fashion forecasters.
And I sincerely wish that wasn’t the truth.
Hope they are bankrupt beyond repair for their WOKE bullcr@p!
Hershey's Chocolate Kisses...we're talking Hagen Daaz, babe whadda ya say?
looking forward to Lizzo on the cover.
As recently as 2020, 50% of sports page news copy was being written by computer software.
Same story for business news.
AI - years before anyone had heard of AI.
Tragic. We had a subscription to this when I was a lad, back in the 70s and early 80s. It was top notch. They also have an outstanding archive online, makes for really good reading when trying to get through the occasional boring patch at the office.
LOL!!! you forgot the /S... 8^)
What is a “People team?”
Woke & Broke in less than 60 months.
Drivel.
My Gawd! I need eye-bleach! Reminds me of a Mick Dumdell article from 2016.
https://pansiesforplato.wordpress.com/2016/03/06/sie-kommen-a-long-waybaby/
Remembering Kathy Ireland. 🐈⬛
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