Los Angeles Times, Sports Illustrated among media outlets announcing layoffs to start 2024
James Iorio, director of TJM Institutional Services, expects the economy to lag for a long time this year. Several mass media The company announced layoffs in January 2024 as economic challenges hit the industry. Business Insider, Los Angeles Times, TIME, and Sports Illustrated are among the publications that have scaled back editorial operations to rebuild […]
Publisher of Sports Illustrated Lays Off Magazine’s Entire Staff
owner of sports illustrated terminated the employment of all of the magazine's staff, putting the very survival of the nearly 70-year-old magazine in jeopardy. Licensing Group, which owns sports magazines, Ended Three weeks after Arena failed to pay a $2.8 million deficit in violation of the magazine's licensing agreement, the company reached an agreement with […]
Media world ‘heatrbroken’ over mass Sports Illustrated layoffs
Media members who either worked at or were fans of Sports Illustrated praised the iconic magazine Friday along with the news of its possible closure. On Friday afternoon, all staff at this publication were told their positions would be eliminated by Arena Group. “One of the greatest magazines in history, rest in peace. Gone but […]
Ex-Sports Illustrated publisher, Brock Pierce want control of magazine
The controversial former publisher of Sports Illustrated is teaming up with crypto mogul Brock Pierce to take control of the embattled publication, a post says. The paper reported. As CEO of Arena Group, James Heckman won the iconic magazine's title in 2019 but left the company a year later following layoffs that involved a number […]