According to an SEC filing, The Arena Group — which licenses and publishes Sports Illustrated — owes $45 million to ABG, the company that owns the storied outlet. The Arena Group also recently missed a $3.75 million quarterly payment to ABG.
News broke earlier today that potentially all of the SI staff could be laid off after The Arena Group’s publishing license was revoked — and right now, it’s unclear if Sports Illustrated will exist at all going forward.
The AIs are officially out of control
Google Pay replaced Google Wallet — now it’s going away to make room for Google Wallet
A former Gizmodo writer changed his name to ‘Slackbot’ and stayed undetected for months
Google apologizes for ‘missing the mark’ after Gemini generated racially diverse Nazis
Spotify HiFi is still MIA after three years, and now so is my subscription