Bids due for once venerable, now vulnerable, Sports Illustrated

Initial bids for Sports Illustrated, a longtime powerhouse of American sports media, were due last Friday, signaling once more the tectonic shifts in how sports fan consume information and the steady decline of SI.

Meredith Corp. (NYSE: MDP) formally acquired the 64-year-old SI in January as part of its far larger acquisition of Time Inc. But it quickly moved to resell the now-stepchild sports title, as that Time Inc. purchase was predicated on acquiring larger and more profitable magazine titles…...

4 Published By - San Francisco Business Times - Sports Business News - 2018.05.16. 23:40
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