Sports Illustrated Magazine sold for $110M to Authentic Brands Group

  1. home
  2. > lifestyle
  3. > Sports Illustrated Magazine sold for $110M to Authentic Brands Group
replay trump newslist
up NEXT IN 5 SECONDS sports newslist
tap to unmute
00:00/00:00
NaN/0

Sports Illustrated Magazine sold for $110M to Authentic Brands Group

May 28, 2019 16:38 IST

Parent company of more than 50 consumer brands, Authentic Brands Group has purchased American Sports magazine Sports Illustrated for 110 million dollars. The print magazine and website will continue operations under the current editor-in-chief and publisher Meredith Corporation for two years while ABG will take control of the the marketing, business development and licensing functions. The deal includes all of SI's sister concerns including Sportsperson of the Year, Sports Illustrated Swimsuit, and SI TV.

Lifestyle