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Arena Group News

Arena Group

Sports Illustrated lays off 17, announces 12 new openings, shifts in division leadership (updated)

There are 17 layoffs in total here, but 12 new positions posted. There are also shifts in editorial structure.

By Andrew Bucholtz OnFeb 15, 2023 2
Arena Group

Sports Illustrated owner Authentic Brands Group is launching an IPO

As per SEC filings, ABG made nearly $500 million last year from various licensing deals.

By Andrew Bucholtz OnJul 7, 2021 0
Arena Group

Sports Illustrated publisher Maven bought The Spun for $11 million, per filing

The Spun joins Sports Illustrated and FanNation in Maven's sports portfolio.

By Sean Keeley OnJun 11, 2021 0
Arena Group

Sports Illustrated’s reporting on Houston Texans garners alleged legal threats from EVP Jack Easterby

The Houston Texans are a mess.

By Sean Keeley OnJan 16, 2021 6
Arena Group

Two large Maven investors have called for a new board and a new direction, and say they have the votes to force change

Investors Bryant Riley and Kevin Rendino are calling for a new Maven board.

By Andrew Bucholtz OnNov 27, 2020 2
Arena Group

Meredith has dropped its suit against Sports Illustrated operator Maven over unpaid fees, saying the sides have reached an agreement

"We dismissed our suit as we have come to an agreement with them that we are satisfied with."

By Andrew Bucholtz OnOct 2, 2020 0
Arena Group

Sports Illustrated operator Maven eliminates publisher guarantees, terminates more publishers and two execs

Maven is making significant changes to its SI-branded team sites, including eliminating publishers' guaranteed pay and parting ways with more publishers.

By Andrew Bucholtz OnOct 2, 2020 4
Arena Group

Maven replaces CEO Jim Heckman with Ross Levinsohn, who has quite the past

Levinsohn was previously the CEO of Sports Illustrated's media side under Maven. Before that, he was publisher and CEO of The Los Angeles Times, but eventually left there after staff protests about his past behavior.

By Andrew Bucholtz OnAug 26, 2020 1
Arena Group

A Maven exec told laid-off Sports Illustrated team channel publishers to take down tweets about being laid off

"Please take down the tweet that you put out. We are still paying you (will get paid at end of Sept for August work) and are asking you delete it. Thank-you. Mark."

By Andrew Bucholtz OnAug 21, 2020 3

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