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Minute Media

All articles tagged with #minute media

business1 year ago

"Litigation Arises from Sports Illustrated Shuffle Involving 5-Hour Energy Mogul"

The owner of Sports Illustrated is suing 5-Hour Energy mogul Manoj Bhargava for $48.75 million, alleging breach of contract and infringement on SI copyrights and trademarks following the implosion of the relationship between Sports Illustrated and Arena Group. Minute Media's recent takeover of Sports Illustrated has led to temporary disruptions, with content appearing on unexpected platforms, but former Arena Group employees are expected to return to SI.com under Minute Media's control.

via NBC Sports|
#5-hour-energy#authentic-brands-group#business
business-media1 year ago

"Sports Illustrated Secures Future with New Publisher After Turmoil"

Sports Illustrated will continue operations under new publisher Minute Media after Authentic Brands Group reached a licensing agreement with Minute Media, acquiring an equity stake in the company. The future of SI's staff remains uncertain as Minute Media plans to meet with employees to determine retention. The magazine has faced challenges in recent years, including ownership changes and a shift in publishing frequency, but Authentic Brands Group aims to protect its journalistic integrity and longevity through this new partnership.

via ESPN|
#authentic-brands-group#business-media#journalism
business1 year ago

"Sports Illustrated Secures Future with New Publisher Amid Turmoil"

Sports Illustrated will continue operations under new publisher Minute Media after Authentic Brands Group reached a licensing agreement with Minute Media, acquiring an equity stake in the company. The future of SI employees remains uncertain as Minute Media plans to meet with them to determine staff retention. The magazine has faced challenges in recent years, including ownership changes and a shift from weekly to monthly publishing, but the new partnership aims to uphold SI's legacy and ensure its longevity in the evolving media landscape.

via The Associated Press|
#authentic-brands-group#business#media
sports-business1 year ago

"Sports Illustrated Secures New Publisher to Continue Operations"

Sports Illustrated's publishing rights have been acquired by Minute Media from Authentic Brands Group, following mass layoffs at the iconic sports publication. Minute Media plans to bring technological innovation and a wider global audience to the brand while maintaining its core mission. The deal includes the SI swimsuit edition and SI for Kids, and Minute Media intends to retain much of the SI staff. This move comes after Arena Group Holdings, the previous owner of the brand rights, failed to make a critical payment, triggering the search for new partners.

via Hollywood Reporter|
#authentic-brands-group#layoffs#minute-media
business1 year ago

"Minute Media Secures Sports Illustrated Print Edition's Future"

Minute Media has secured a 10-year deal with Authentic Brands Group to take over the licensing rights for Sports Illustrated's print edition, ensuring its continuation after a dispute with former publisher Arena Group. The deal includes an option to extend for up to 30 years and involves Minute Media selling a stake to Authentic Brands. The CEO of Minute Media plans to expand SI's coverage globally and rehire some of the laid-off staffers. This move comes after Arena Group, which had its license revoked in January, threatened to cease the print edition.

via New York Post |
#authentic-brands-group#business#licensing-rights
business-media1 year ago

"Sports Illustrated Secures Lifeline Deal to Avoid Shutdown and Reboot Under New Publisher"

Sports Illustrated's owner, Authentic Brands, has struck a deal with digital media company Minute Media to keep the iconic magazine afloat after recent layoffs and termination of its publishing license. Minute Media will oversee all digital and print editorial operations for Sports Illustrated and plans to leverage its expertise and technology platform to grow the magazine's media business. The agreement also involves Authentic Brands acquiring an undisclosed amount of equity in Minute Media, with both parties emphasizing the preservation of Sports Illustrated's journalistic integrity and legacy.

via NBC News|
#authentic-brands#business-media#digital-media
sports-business1 year ago

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.

via Variety|
#authentic-brands-group#media-partnership#minute-media
business-media1 year ago

"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.

via The Washington Post|
#authentic-brands-group#business-media#digital-media
sports1 year ago

"Minute Media Secures Sports Illustrated's Print Edition Future"

Minute Media has acquired the digital and print licensing rights for Sports Illustrated in a deal that could run for up to 10 years with an option to extend for 20 more. The agreement includes editorial operations for Sports Illustrated Swimsuit and Sports Illustrated Kids. As part of the deal, Sports Illustrated owner Authentic Brands Group is acquiring an equity stake in Minute Media. This move comes after months of uncertainty over SI’s future, with Authentic leveraging the brand across various verticals and events. Minute Media aims to honor SI’s legacy while expanding its visibility and commercial viability in new media channels.

via Sportico|
#authentic-brands-group#digital-media#minute-media
business1 year ago

"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.

via The New York Times|
#authentic-brands-group#business#licensing-deal