Sports Illustrated, one of America’s most iconic magazines, has found a new lease on life after months of uncertainty. On Monday, a new 10-year publishing agreement was announced, ensuring the continuation of its print edition.
The magazine had faced turbulence following a payment dispute between its intellectual property owner, Authentic Brands Group (ABG), and its former publisher, Arena Group. Earlier this year, Arena Group announced layoffs and indicated that the print edition might be discontinued by the summer.
The situation took a positive turn as ABG selected Minute Media as the new publisher under the decade-long deal. This partnership is expected to revitalize the publication and maintain its longstanding tradition of delivering in-depth sports journalism.
This development reflects broader trends in the global media industry, where traditional print magazines are adapting to digital transformations while striving to preserve their legacy. Media observers and sports enthusiasts worldwide are watching closely, as Sports Illustrated’s trajectory may influence publishing strategies in other regions, including Asia.
The preservation of such a storied publication underscores the enduring appeal of comprehensive journalism and highlights the importance of balancing innovation with tradition in the evolving media landscape.
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Iconic U.S. magazine Sports Illustrated gets publishing lifeline
cgtn.com
