An iconic magazine with a rich history may potentially face an uncertain future. It has been reported today that Sports Illustrated, a renowned publication in the world of sports, has laid off all of its union represented staff. This disheartening development came to light through a memo from the magazine's owner, which has been reviewed by reliable sources.
Sports Illustrated has been under the ownership of the Olympic Brands Group since the year 2000. However, in 2019, the publishing rights for the magazine and its website were sold to the Arena Group, marking a new chapter for the publication. Sadly, the recent events indicate that this transition has not been a smooth one.
