Group Black reportedly looking to buy Sports Illustrated publishing parent The Arena Group
Group Black has previously been linked to bids for other media companies, but hasn't acquired any outright yet.
Group Black has previously been linked to bids for other media companies, but hasn't acquired any outright yet.
As per SEC filings, ABG made nearly $500 million last year from various licensing deals.
Meredith is seeking $1,087,065 in damages, plus interest and attorneys' fees.
The SI brand is now on everything from "brain formula" to "nitric oxide."
Revoking the Sports Illustrated license is a possibility if ABG feels TheMaven has damaged the SI brand.
Around 15 SI staffers (who mostly work for the print magazine) are already represented by the NewsGuild of New York. SI employees are now looking to form a wider union with that organization that would see around 80 newsroom employees represented.
The Maven will now be publishing SI under an agreement with new SI owner Authentic Brands Group.
The Wall Street Journal reported that Authentic Brands' bid of $110 million is currently a "leading contender" for Sports Illustrated.