All articles tagged with #authentic brands group
Mattel stock jumped nearly 23% after reports that Authentic Brands Group is exploring a takeover offer valuing the toy maker at over $6 billion. The move follows the appointment of Condé Nast CEO Roger Lynch, who will succeed Ynon Kreiz. Sources describe the talks as preliminary, with no formal sale process currently underway.
Eddie Bauer LLC filed for Chapter 11 bankruptcy on Feb. 9, 2026, and after failing to attract a qualified bidder by the March 3 deadline, canceled its March 6 auction and signaled that all U.S. and Canadian stores could close as leases are marketed; closing sales will continue and gift cards or refunds will not be accepted after March 12. Authentic Brands Group, which owns the brand IP, plans a strategic pivot toward product innovation and digital expansion and has partnered with Outdoor 5 (Oved) to handle e-commerce and wholesale operations in the U.S. and Canada.
The owner of Sports Illustrated is suing 5-Hour Energy mogul Manoj Bhargava for $48.75 million, alleging breach of contract and infringement on SI copyrights and trademarks following the implosion of the relationship between Sports Illustrated and Arena Group. Minute Media's recent takeover of Sports Illustrated has led to temporary disruptions, with content appearing on unexpected platforms, but former Arena Group employees are expected to return to SI.com under Minute Media's control.
The owner of Sports Illustrated, Authentic Brands Group, has sued the magazine's former publisher, Manoj Bhargava, for $48 million, alleging that Bhargava's company stopped paying its bills as a pretext to negotiating a new licensing deal. Bhargava is accused of behaving like a gangster and making outrageous demands, leading to the revocation of Arena's license and subsequent layoff of staff. Authentic Brands sold the licensing rights to Minute Media after Bhargava's company failed to pay a $3.75 million quarterly license fee. The lawsuit accuses Bhargava of seeking to "weaponize their obstinance" and Arena of acting with "lawlessness" by refusing to transfer SI-related licensed assets to Minute Media.
Sports Illustrated's owner, Authentic Brands Group, has filed a lawsuit against energy drink mogul Manoj Bhargava, accusing him of failing to pay millions of dollars for the rights to publish the magazine. The lawsuit alleges that Bhargava and his company owe $48.75 million in missed payments and have infringed on Sports Illustrated's copyrights and trademarks. This legal battle is the latest in a series of public disputes between Authentic Brands Group and Bhargava, whose involvement in the magazine has led to turmoil and conflict.
Authentic Brands Group, the owner of Sports Illustrated, has filed a lawsuit against energy drinks mogul Manoj Bhargava, alleging that he failed to pay millions of dollars for the rights to publish the magazine. The lawsuit claims that Bhargava and his company owe $48.75 million in missed payments and have infringed on Sports Illustrated’s copyrights and trademarks. This legal battle is the latest development in the ongoing conflict between Authentic Brands Group and Bhargava, whose involvement in the magazine's operations has been tumultuous.
Sports Illustrated will continue operations under new publisher Minute Media after Authentic Brands Group reached a licensing agreement with Minute Media, acquiring an equity stake in the company. The future of SI's staff remains uncertain as Minute Media plans to meet with employees to determine retention. The magazine has faced challenges in recent years, including ownership changes and a shift in publishing frequency, but Authentic Brands Group aims to protect its journalistic integrity and longevity through this new partnership.
Sports Illustrated will continue operations under new publisher Minute Media after Authentic Brands Group reached a licensing agreement with Minute Media, acquiring an equity stake in the company. The future of SI employees remains uncertain as Minute Media plans to meet with them to determine staff retention. The magazine has faced challenges in recent years, including ownership changes and a shift from weekly to monthly publishing, but the new partnership aims to uphold SI's legacy and ensure its longevity in the evolving media landscape.
Sports Illustrated's publishing rights have been acquired by Minute Media from Authentic Brands Group, following mass layoffs at the iconic sports publication. Minute Media plans to bring technological innovation and a wider global audience to the brand while maintaining its core mission. The deal includes the SI swimsuit edition and SI for Kids, and Minute Media intends to retain much of the SI staff. This move comes after Arena Group Holdings, the previous owner of the brand rights, failed to make a critical payment, triggering the search for new partners.
Minute Media, the owner of sports websites The Players' Tribune and Fansided, has reached a 10-year licensing agreement with Authentic Brands Group to publish Sports Illustrated, potentially rehiring some of the staff laid off in January. The deal takes effect immediately and aims to expand the magazine's global publishing operations.
Minute Media has secured a 10-year deal with Authentic Brands Group to take over the licensing rights for Sports Illustrated's print edition, ensuring its continuation after a dispute with former publisher Arena Group. The deal includes an option to extend for up to 30 years and involves Minute Media selling a stake to Authentic Brands. The CEO of Minute Media plans to expand SI's coverage globally and rehire some of the laid-off staffers. This move comes after Arena Group, which had its license revoked in January, threatened to cease the print edition.
Minute Media secures the publishing rights to Sports Illustrated in a long-term partnership with Authentic Brands Group, following a financial crisis at SI's former publishing partner. The deal includes a 10-year publishing license with an option for an additional 20 years, and Authentic will acquire an equity stake in Minute Media. Minute Media plans to continue publishing the print edition of Sports Illustrated and oversee all digital and print editorial operations across the SI portfolio, aiming to enhance visibility and commercial viability while honoring SI's legacy.
Sports Illustrated's owner, Authentic Brands Group, has reached a deal with Minute Media to take over publishing rights from the Arena Group, ending months of uncertainty. Minute Media, a London-based digital media company, will now decide the fate of around 80 SI staffers as it charts a path forward for the storied sports publication. This move comes after the Arena Group, which held publishing rights for five years, faced controversy and missed a payment to Authentic, leading to the revocation of the publishing license and layoff notices to all unionized staff.
Minute Media has acquired the digital and print licensing rights for Sports Illustrated in a deal that could run for up to 10 years with an option to extend for 20 more. The agreement includes editorial operations for Sports Illustrated Swimsuit and Sports Illustrated Kids. As part of the deal, Sports Illustrated owner Authentic Brands Group is acquiring an equity stake in Minute Media. This move comes after months of uncertainty over SI’s future, with Authentic leveraging the brand across various verticals and events. Minute Media aims to honor SI’s legacy while expanding its visibility and commercial viability in new media channels.
Minute Media, the owner of The Players’ Tribune, has secured a 10-year licensing deal with Authentic Brands Group to operate Sports Illustrated, ensuring the continuation of the magazine's print edition. The deal includes an option to extend for up to 30 years and involves Authentic Brands Group taking a stake in Minute Media. The move comes after months of turmoil at Sports Illustrated and will see Minute Media expanding the magazine's global publishing operations and rehiring some laid-off employees. CEO Asaf Peled plans to maintain the magazine's tradition of in-depth journalism while focusing on short-form sports content creation for mobile devices.