Birdwatch Note Rating
2024-01-20 21:57:27 UTC - HELPFUL
Rated by Participant: 970A89E3F63968BB2470C8BDD5821ACBBB8A01F5D32A371E7A900677E7B6B5EC
Participant Details
Original Note:
Authentic bought intellectual property for SI in 2019 then gave a 10-year publishing rights deal to Arena Group. Arena has had many problems & failed to make recent quarterly payment, and Authentic gave them notice they intend to revoke the deal. This has led to the layoff https://www.denverpost.com/2024/01/19/sports-illustrated-planning-significant-layoffs-after-license-to-use-its-brand-name-was-revoked/ https://www.abc12.com/news/business/sports-illustrated-s-publisher-lays-off-most-of-its-staff-union-says/article_50eb771a-1d16-50b4-b474-3f5f1bedc449.html
All Note Details