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.
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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.
Former Sports Illustrated owner Meredith is suing SI operator Maven, claiming more than a million in unpaid fees
Meredith is seeking $1,087,065 in damages, plus interest and attorneys' fees.
Sports Illustrated-branded nutrition supplements, including a “brain formula,” have led to backlash for owner Authentic Brands Group
The SI brand is now on everything from "brain formula" to "nitric oxide."
ABG, which owns Sports Illustrated, has asked TheMaven to reverse recent staffing cuts
Revoking the Sports Illustrated license is a possibility if ABG feels TheMaven has damaged the SI brand.
Sports Illustrated staffers are looking to form a wider newsroom union, citing concerns about decisions made by Maven management
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.
Sports Illustrated media operations sold to Jim Heckman’s The Maven, with Ross Levinsohn joining as CEO of SI media line
The Maven will now be publishing SI under an agreement with new SI owner Authentic Brands Group.
SI auction sees Authentic Brands, manager of estates from Muhammad Ali to Marilyn Monroe, called “most likely to prevail”
The Wall Street Journal reported that Authentic Brands' bid of $110 million is currently a "leading contender" for Sports Illustrated.
