Sports Illustrated and Minute Media partnership secures print future
Mar 18
By Lauren Taylor (Anchor), William Jackson (Producer), Jake Maslo (Video Editor)
This report was created with support from enhanced software.
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Sports Illustrated will continue operations after agreement reached with new publisher
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Sports Illustrated will continue operations after agreement reached with new publisher
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Sports Illustrated will continue operations after agreement reached with new publisher
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Sports Illustrated will continue operations after agreement reached with new publisher
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A new chapter for Sports Illustrated, with plans to keep print
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24 other sources covering this story
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11
Center
4
Leaning Right
4
Last Updated
1 month ago
In a strategic move designed to stabilize and expand its operations, Sports Illustrated is partnering with digital media company Minute Media. This collaboration marks a significant shift in the magazine’s publishing rights, now secured by Minute Media for the next 10 years, with an option to extend the agreement for up to three decades.
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The decision comes on the heels of challenges with the Arena Group — the magazine’s previous operator — which failed to fulfill a $3.75 million payment obligation. The lapse prompted Authentic Brands Group (ABG), the holder of Sports Illustrated’s intellectual property rights, to terminate its existing publishing agreement with the Arena Group, leading to substantial job losses in January.
Asaf Peled, the founder and CEO of Minute Media, has emphasized the company’s commitment to uphold the high standards of journalism Sports Illustrated is known for.
“At Minute Media, our focus will be to take that legacy into new, emerging channels enhancing visibility, commercial viability and sustainable impact, all while ensuring that the SI team is inspired to flourish in this new era of media,” Peled said.
The acquisition not only aims to ensure the print edition’s continuation but also seeks to broaden Sports Illustrated’s global presence. Minute Media — which owns other sports and culture content brands such as The Players’ Tribune and FanSided — plans to reinstate some of the employees laid off under the previous management, signaling a new chapter for the sports journalism brand.
[LAUREN TAYLOR]
SPORTS ILLUSTRATED IS FLIPPING THE PAGES ON A NEW PLAYBOOK AND READY TO TACKLE THE NEXT DECADE.
THIS MOVE AIMS TO CALM RECENT CONCERNS AND MAKE SURE SPORTS ILLUSTRATED’S PRINT EDITION HAS A SECURE FUTURE. MINUTE MEDIA, WHICH ALSO OWNS THE PLAYERS’ TRIBUNE AND FANSIDED, NOW HAS THE RIGHTS TO PUBLISH SPORTS ILLUSTRATED FOR THE NEXT DECADE, WITH THE POSSIBILITY OF EXTENDING IT TO 30 YEARS.
THIS COMES AFTER ARENA GROUP – WHICH OPERATED SPORTS ILLUSTRATED – FAILED TO MAKE A 3.75 MILLION DOLLAR PAYMENT, PROMPTING AUTHENTIC BRANDS GROUP, WHICH OWNS THE RIGHTS TO S-I’S INTELLECTUAL PROPERTY TO END THE PUBLISHING AGREEMENT WHICH RESULTED IN SIGNIFICANT JOB CUTS AT THE PUBLICATION EARLIER THIS YEAR.
THE CEO OF MINUTE MEDIA, EXPRESSED HIS COMMITMENT TO MAINTAINING SPORTS ILLUSTRATED’S HIGH STANDARDS IN JOURNALISM AS THEY EXPLORE NEW MEDIA CHANNELS.
[MINUTE MEDIA CEO]
“At Minute Media, our focus will be to take that legacy into new, emerging channels enhancing visibility, commercial viability and sustainable impact, all while ensuring that the SI team is inspired to flourish in this new era of media.”
[LAUREN TAYLOR]
ACCORDING TO THE CEO, MINUTE MEDIA WILL EXPAND SPORTS ILLUSTRATED’S PUBLISHING OPERATIONS GLOBALLY AND PLANS TO REHIRE SOME STAFF THAT WERE PREVIOUSLY LAID OFF.
Related
Media Landscape
See who else is reporting on this story and which side of the political spectrum they lean. To read other sources, click on the plus signs below.
Learn more about this dataLeft 58%
Center 21%
Right 21%
Bias Distribution
Far
Left
+0
Click to close
Left
+0
Click to close
Sports Illustrated to continue print editions under reported 10-year deal with new publisher
Click to see story on CBC News
Sports Illustrated will continue operations after agreement reached with new publisher – Seymour Tribune
Click to see story on Associated Press News
Sports Illustrated will continue operations after agreement reached with new publisher
Click to see story on abc News
Sports Illustrated to avert shutdown as it gets a fresh start under new publisher
Click to see story on CNN
Sports Illustrated’s owner reaches deal with Minute Media to publish magazine
Click to see story on The Washington Post
Sports Illustrated gets a new publisher that will keep it in print
Click to see story on Los Angeles Times
Sports Illustrated Publishing Rights Secured by Minute Media, After Mass Layoffs Under Previous Partner
Click to see story on Variety
Struggling Sports Illustrated inks deal to stay afloat following partnership with Minute Media
Click to see story on NBC News
Sports Illustrated will continue operations after agreement reached with new publisher
Click to see story on SooToday.com
Weeks After Layoffs, Sports Illustrated Publishing Rights Move to Minute Media
Click to see story on The Hollywood Reporter
Headline Unavailable
Click to see story on Axios
Click to close
Sports Illustrated to avert shutdown as it gets a fresh start under new publisher
Click to see story on KRDO
Sports Illustrated Gets New Publisher And Print Edition Will Continue
Click to see story on Deadline
U.K. media company Minute Media acquires Sports Illustrated publishing rights
Click to see story on UPI
Sports Illustrated gets a fresh start under new publisher
Click to see story on abc12/WJRT
Click to close
Sports Illustrated print edition lives on after Authentic Brands awards license to Minute Media
Click to see story on New York Post
Sports Illustrated has a new publisher, Minute Media, will continue print edition
Click to see story on Fox Business
A New Chapter for Sports Illustrated, With Plans to Keep Print
Click to see story on DNyuz
Click to close
Far
Right
+0
Click to close
Untracked Bias
Sports Illustrated will continue operations after agreement reached with new publisher
Click to see story on Orillia Matters
Sports Illustrated will continue operations after agreement reached with new publisher
Click to see story on Newmarket Today
Sports Illustrated will continue operations after agreement reached with new publisher
Click to see story on Elora Fergus Today
Sports Illustrated will continue operations after agreement reached with new publisher
Click to see story on Bradford Today
A new chapter for Sports Illustrated, with plans to keep print
Click to see story on nytlicensing.com
Click to close
24 other sources covering this story
Total News Sources
24
Leaning Left
11
Center
4
Leaning Right
4
Last Updated
1 month ago
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