Minute Media is reportedly the front-runner to publish Sports Illustrated without the Swimsuit Issue. The Wall Street Journal laid off several staffers on the paper's standards team. Sports Illustrated's operators plan to kill the print edition, but long-term owners aim to prevent that. Hearst's Week& publication is closing down. Sports Illustrated's print magazine is set to end in May, leading to layoffs. The Arena Group is still operating the magazine while negotiating with Authentic. Authentic is in talks to spin off the swimsuit edition as a separate entity, potentially licensing it to a new publisher.
If it separates, it would revert to Authentic Brands Group in the short term before being licensed to a new publisher, according to the report. https://t.co/bWGXVe86u5
An unnamed source told Front Office Sports that Authentic is deep in discussions to spin off the swimsuit edition as its own entity. https://t.co/bWGXVe8EjD
The Arena Group is still operating the magazine as it negotiates how much it owes Authentic. https://t.co/bWGXVe8EjD
That prompted the layoff of much of the Sports Illustrated staff, although the SI website and magazine still exist. https://t.co/bWGXVe86u5
Arena tells Sports Illustrated employees print magazine will end in May, but that contradicts comments from owner Authentic https://t.co/ijsuAzoGVZ https://t.co/KsVoRbKAi7
Sports Illustrated publisher threatens to kill print edition in battle to regain license: sources https://t.co/laVV4yEgjE https://t.co/22UuTmp7Hx
Hearst’s home and lifestyle publication Week& is shuttering, I’m told. Some writers were informed about the decision today.
SCOOP: Sports Illustrated's operators told employees today they plan to kill the magazine's print edition. Its long-term owners are determined not to let that happen. https://t.co/IRX8Ejbkbb
Per multiple people with knowledge of the cuts, the Wall Street Journal laid off several staffers on the paper’s standards team today.
Minute Media ‘front-runner’ to publish Sports Illustrated, but maybe without the Swimsuit Issue https://t.co/I8eCHOEUPW https://t.co/TAmfgDS87Y