Sports Illustrated's publisher terminates most of staff in mass layoff

Sports Illustrated thrown into chaos with mass layoffs - West Hawaii Today

Sports Illustrated, the venerable bible of sports journalism, has been in decline for years, as the internet annihilated print magazines and cost-cutting turned the weekly publication into a monthly and whittled its staff. But on Friday, the magazine received perhaps its toughest blow yet.

Sports Illustrated Announces Mass Layoff

Sports Illustrated's publisher intends to fire the majority of its staff journalists after struggling to pay the magazine's parent company's licensing fees.

Sports Illustrated planning significant layoffs after license to use its brand name was revoked - Hawaii Tribune-Herald

The publisher of Sports Illustrated has notified employees it is planning to lay off a significant portion — possibly all — of the outlet’s staff after its license to use the iconic brand’s name in print and digital was revoked.

Sports Illustrated lays off most of its staff

The owner of Sports Illustrated delivered layoff notices to most of its staff on Friday after nearly 70 years in operation. While it may not mean the end for sure, the future of the magazine is uncertain.

This decision is a new stage, perhaps the last, in the descent into hell of the publication launched in 1954, and whose ownership has passed from hand to hand in recent years.

Sports Illustrated’s publisher lays off most of its staff, the return of 'Wizards of Waverly Place' and more trending news

Sports Illustrated's owner, Authentic Brands Group, has laid off most of its guild-represented staff, casting uncertainty on the future of the magazine and website. The publisher, Arena Group, missed a payment for the publishing rights, leading to their revocation. The union calls for ABG to ensure the continuation of SI's publication.