Tyb
Confirm Handoff
Jan 19
Anons ready?
Q PROOF
https://truthsocial.com/@Duphorn/posts/111786567277635343
https://truthsocial.com/@PatriotsParty/posts/111786529242425627
Chris LaCivita @LaCivitaC
Dinner at @RedArrow24Diner
with the Boyz …
@DanScavino @JasonMillerinDC @JamesBlairUSA @Alex_Latcham_
11:00 PM · Jan 19, 2024
·
10.3K Views
https://twitter.com/LaCivitaC/status/1748555970488246638
Wall Street Apes
@WallStreetApes
The universe is sending us a message
https://truthsocial.com/@WallStreetApes/posts/111786778447474019
dude youve, been gaming the whole time
some people, ]me[, just want the sacrificing/suffering to end, already
Sports Illustrated’s publisher lays off most of its staff, union says
The future of Sports Illustrated was uncertain Friday after the publisher of the iconic magazine and website laid off most or “probably all” of its guild-represented staff, its union said.
In a memo sent to staff viewed by CNN, the magazine’s publisher said it is “laying off staff that work on the SI brand.”
Authentic Brands Group has owned the magazine and website since 2019. It sold the publishing rights to Arena Group, but the company missed a recent payment for those publishing rights and ABG revoked them, the publisher said in its memo.
“This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven) stewardship,” the union said in a statement on X. “We are calling on ABG to ensure the continued publication of SI and allow it to serve our audience in the way it has for nearly 70 years.”
https://www.cnn.com/2024/01/19/media/sports-illustrated-layoffs/index.html
Mass layoffs hit Sports Illustrated staff
The storied publication drew headlines last fall after reports surfaced that it appeared to have published AI-generated stories, photos and authors.
The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff.
The news, first reported by Front Office Sports, came less than 24 hours after publisher The Arena Group announced “a significant reduction in its workforce,” comprising 100 employees. Arena said it continued to manage “substantial” debt and recently missed payments, and that the layoffs were part of “cost-cutting measures to initiate a transformative shift towards a streamlined business model.”
According to FOS, Sports Illustrated’s parent company, Authentic Brands Group, has sought to revoke Arena’s license to publish SI after Arena missed a payment.
Richard Deitsch of The Athletic separately tweeted Friday an image of an email sent out to workers that said “staff” who worked for the Sports Illustrated brand were being laid off.
The union representing SI’s staff said in a tweeted statement that it had been notified of Arena’s intention to “lay off a significant number, possibly all” of its union-represented staff.
“This is another difficult day in what has been a difficult four years for Sports Illustrated under Arena Group (previously The Maven) stewardship,” the union said in a statement. “We are calling on ABG to ensure the continued publication of SI and allow it to serve our audience in the way it has for nearly 70 years,” the statement read, using an acronym for Authentic Brands Group.
https://www.nbcnews.com/business/business-news/sports-illustrated-layoffs-staff-why-media-job-losses-rcna134760
Sports Illustrated’s Publisher Guts Staff. Future Unclear
By A.J. Perez
UPDATED January 19, 2024 | 04:39 pm
The Arena Group, which publishes SI, recently missed a $3.75 million payment to SI’s license holder, Authentic, leading Authentic to sever the deal.
On Friday, Arena started laying off employees.
Staffers at Sports Illustrated were notified on Friday of massive layoffs—some immediately, others in short time, with potential for the entire staff to be gone in three months.
Authentic, the licensing group that purchased Sports Illustrated for $110 million from Meredith five years ago, has terminated the agreement it holds with The Arena Group to publish SI in print and digital, according to an email obtained by Front Office Sports. That move comes three weeks after Arena missed a $3.75 million payment that breached the company’s SI licensing deal, which began in 2019. (Authentic’s notice of termination, meanwhile, triggered a $45 million fee due immediately to Authentic, according to an SEC filing on Friday.)
The fallout: On Friday Arena told SI employees in an email “… We were notified by Authentic Brands Group (ABG) that the license under which the Arena Group operates the Sports Illustrated (SI) brand and SI related properties has been officially revoked by ABG. As a result of this license revocation, we will be laying off staff that work on the SI brand.” According to SI union sources, severed guild members will be given 90 days’ notice (during which time there remains the chance that the licensing deal is resolved); and laid-off non-guild employees will be let go immediately. As of midday Friday, there remained massive confusion about the depth of the layoffs, but at a 2 p.m. staff call it was made clear: Anyone left in 90 days would be laid off, unless the licensing issue was resolved.
https://frontofficesports.com/sports-illustrateds-publisher-lays-off-entire-staff-future-unclear/
Angela Morabito
@AngelaLMorabito
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Jan 16
Jill Biden trying to distract from her comments about Hunter’s drug abuse, and ending up under a giant banner reading “Hunter High,” is straight out of a VEEP episode
https://twitter.com/AngelaLMorabito/status/1747462261185114289
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