"Minute Media Secures Future of Sports Illustrated Print Edition"

Minute Media, the owner of The Players’ Tribune, has secured a 10-year licensing deal with Authentic Brands Group to operate Sports Illustrated, ensuring the continuation of the magazine's print edition. The deal includes an option to extend for up to 30 years and involves Authentic Brands Group taking a stake in Minute Media. The move comes after months of turmoil at Sports Illustrated and will see Minute Media expanding the magazine's global publishing operations and rehiring some laid-off employees. CEO Asaf Peled plans to maintain the magazine's tradition of in-depth journalism while focusing on short-form sports content creation for mobile devices.