"Minute Media Secures Publishing Deal for Sports Illustrated's Future"

Sports Illustrated's owner, Authentic Brands Group, has reached a deal with Minute Media to take over publishing rights from the Arena Group, ending months of uncertainty. Minute Media, a London-based digital media company, will now decide the fate of around 80 SI staffers as it charts a path forward for the storied sports publication. This move comes after the Arena Group, which held publishing rights for five years, faced controversy and missed a payment to Authentic, leading to the revocation of the publishing license and layoff notices to all unionized staff.