Yup, The Economy's Really Booming
Like Gaza. Mass destruction and carnage.
Another sign they'll pull PedoJoe off the stage and replace him with another puppet in order to try to sell another steal.
Not that they cared about selling the story in 2020. Or 1963.
We'll still be shown pictures and video, likely selectively edited/manipulated, of enthusiastic sports fans. Back in the day, that enthusiasm was accompanied by a desire to know more about the sports figures they cheered. When people have to cut expenses, businesses die. If Sports Illustrated is brought back from the ashes, it remains to be seen whether in today's economy, it can survive without being on artificial life support.
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The future of iconic magazine Sports Illustrated looked dire Friday after the publisher announced mass layoffs.
The Arena Group — which had been roiled by reports that the fabled magazine published AI-generated content — admitted to failing to make a $3.75 million quarterly licensing payment to Authentic Brands Group due this week.
As a result, the publicly-traded Arena announced Thursday it would make a “significant reduction” in its workforce of more than 100 journalists.
SI’s unionized workers received a memo Friday telling them “some employees will be terminated immediately, and paid in lieu of the 60-day applicable notice period under the [union contract].”
Sports Illustrated’s entire staff told they are getting laid off