‘Sports Illustrated’s Publisher Lays Off Entire Staff’

A.J. Perez for Front Office Sports:

• The Arena Group, which publishes SI, recently missed a $3.75 million payment to SI’s license holder, Authentic, leading Authentic to sever the deal.
• On Friday, Arena started laying off employees.

Doing media is hard, really hard in today’s day and age. I don’t have the answer but laying off staff ain’t it.