Minute Media Saves Sports Illustrated from Shutdown and Secures Publishing Rights

Minute Media secures the publishing rights to Sports Illustrated in a long-term partnership with Authentic Brands Group, following a financial crisis at SI's former publishing partner. The deal includes a 10-year publishing license with an option for an additional 20 years, and Authentic will acquire an equity stake in Minute Media. Minute Media plans to continue publishing the print edition of Sports Illustrated and oversee all digital and print editorial operations across the SI portfolio, aiming to enhance visibility and commercial viability while honoring SI's legacy.