Sports Illustrated Secures Future with New Publishing Deal Amidst Shutdown Threat

Sports Illustrated has successfully sidestepped a looming shutdown by securing a new publishing deal. Minute Media has stepped in to take over the publication of the iconic sports magazine, ensuring its continuation in both print and digital formats. This development comes after a period of uncertainty following financial disputes between the previous publisher and the intellectual property rights owner.

The Arena Group, which had been publishing Sports Illustrated since 2019, encountered financial challenges that led to a halt in payments to Authentic Brands Group, the owner of Sports Illustrated's intellectual property rights. This situation reached a critical point in. . .