Sports Illustrated Sold For $110 Million
Sports Illustrated Sold For $110 Million Meredith Corporation announced the sale on Tuesday.
They will continue to publish the magazine and the website.
Authentic Brands Group owns the brands of celebrities like Marilyn Monroe and Elvis Presley.
Jamie Salter, CEO, Authentic Brands Group, via statement Jamie Salter, via statement Meredith put 'Sports Illustrated' up for sale last year along with 'Time,' 'Fortune' and 'Money' magazines.
Meredith also owns 'People,' 'InStyle' and 'Better Homes & Gardens.'