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Sports Illustrated entlässt gesamte Belegschaft

von NFI Redaktion

Bild zum Artikel mit dem Titel „Sports Illustrated“ entlässt gesamte Belegschaft

Foto: Getty Images

Employees of Sports Illustrated were informed of their dismissal via email on Friday.

Authentic, the licensing group that originally bought SI five years ago for $110 million, is terminating its licensing agreement with The Arena Group, according to Front Office Sports. The Arena Group reportedly failed to make a $2.8 million payment to Authentic, violating the 10-year SI licensing agreement.

This follows the Arena Group’s layoff of 100 employees, after owning and operating over 20 different publications, including Men’s Journal, Parade, and TheStreet.

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