Sports Illustrated featured the Houston Astros George Springer on a 2014 cover
30 May, 2019, 21:29
Sports Illustrated is one of the most important sports magazines of all time and yesterday, it was revealed that the publication was sold to Authentic Brands Group for $110 million, according to CNN. ABG will develop broad-based licensing programs under the Sports Illustrated brand spanning product, original content and live events.
"This strategic partnership brings a new approach to media brand development, and we're excited to leverage Meredith and ABG's respective strengths to enhance and build upon Sports Illustrated's undeniable value", said John Zieser, chief development officer at Meredith.
Among other things, Authentic handles Frye and Tretorn brands and parts of the Muhammad Ali and Elvis Presley estates. The company will license the biweekly magazine and website back to Meredith for at least two years as part of the deal.
The purchase includes New York-headquartered Authentic Brands getting the intellectual property of the iconic magazine that will comprise of Sports Illustrated, Sports Illustrated Kids, Sportsperson of the Year, Sports Illustrated Swimsuit, SI and SI TV, the companies said in a statement. Against that backdrop, ESPN the Magazine announced this year that it would no longer be publishing regular print issues. The firm, which took home FN's 2018 Company of the Year award, has established itself as a fashion and footwear powerhouse - picking up the Nautica brand from VF Corp. last March, purchasing Nine West and Bandolino out of bankruptcy in June and securing Camuto Group in October.
Destiny 2, the Future of the Game Will Be Revealed Soon What we know so far is that it's very similar to a wave-based mode like the ones you see in Escalation Protocol and Blind Well. We probably won't have to wait too long for an answer and in the mean time we have a batch of new content to work through.
White House 'asked Navy to hide warship USS John S. McCain' Joseph Buccino, a spokesman for Shanahan, said the defense secretary "was not aware of the directive to move the USS John S. McCain was originally named for the late senator's grandfather, naval aviator and World War II Pacific commander Adm.
ABG already generates $9.3 billion in global retail sales annually. Authentic says Sports Illustrated has an audience of more than 120 million people online and in print.
Meredith sold Fortune to Thai billionaire Chatchaval Jiaravanon in November, and chose to take Money magazine off the market in April, turning it instead into a digital-only publication. It made almost $300 million from the sale of Time Inc. assets in its fiscal 2018.
Even so, Sports Illustrated still reaches 175 million USA consumers each month, according to Meredith.
Darren Baskill, an astronomer at the University of Sussex toldThe Guardian, "Everyone's quite surprised by how bright they are". Musk spoke about the greater good that his satellites will be accomplishing by providing internet access to billions of people.
Last year's runner-up Sloane Stephens cruised through with a 6-1, 7-6 win over Sara Sorribes Tormo on Court Philippe Chatrier. Rafa Nadal goes in search of his 12th French Open title but don't count out Novak Djokovic .
Despite threats of boycott from liberal cities and Hollywood elites, pro-life legislation is sweeping the country. Wade , the landmark 1973 case that established a women's right to privacy in her choice to terminate a pregnancy.
He had videotaped Ensley playing with the pet and shared the clip to his followers on one of his many social media accounts. Additionally, Barbara Evans confirmed to us that she now has custody of Jace and Ensley .
The baby , named Saybie by hospital staff, weight only the 8.6 ounces (245 grams) at the time she was born in San Diego, US. Micro-preemies can experience vision and hearing problems, developmental issues and a host of other complications.
McCoy went on a visit with the Cleveland Browns , took the holiday weekend off, then got involved with the Baltimore Ravens . The Panthers have Kawann Short and Dontari Poe up the middle on defense, as well as 2016 first-rounder Vernon Butler.
According to the Associated Press, Georgia told NBC Sports Chicago that he and his camera came away unscathed. "I'm OK. Kansas City Royals starter Glenn Sparkman was ejected for hitting Chicago's Tim Anderson in the helmet with a pitch.
The restrictions will mean that lawns and gardens can only be watered with a hose fitted with a trigger nozzle, between 4pm-10 am. But the state government has issued level one water restrictions from June 1, even though dam levels are now at 53 per cent.
We want the World Cup to start as soon as possible. "We are prepared for that and it is something we will overcome". With a round-robin group stage in prospect, Morgan had no time for talk of making a statement against South Africa.
On Monday evening, a lavish state dinner will be held by the Queen at Buckingham Palace. The Trumps will meet with plenty of other royals as well.
Marvel's Avengers Confirmed For E3 2019, Reveal On June 10
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Campground manager fired after pulling gun on black couple
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Young girl hit by foul ball at Houston Astros game
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Microsoft Expands its PC Gaming Strategy
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ByteDance Plans TikTok Smartphone
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