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Post by Alyce: Old Media Enthusiast on Jan 19, 2024 12:34:51 GMT -5
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Renslayer
Bill S. Preston, Esq.
every time i come around your city...
Posts: 16,557
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Post by Renslayer on Jan 19, 2024 12:50:46 GMT -5
These union busting tech assholes make me sick to my stomach
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Post by Mayonnaise on Jan 19, 2024 17:42:50 GMT -5
From what I read at Uni Watch it basically breaks down to:
ABG boughts SI with the idea to license out the SI brand to bars, hotels, restaurants, and consumer goods (which has failed). They had no clue how to run a publishing company so they licensed that to The Maven (not to be confused with Maven Huffman) now known as Arena
Arena fired the original staff, hired new staff, and had an AI scandal. This all lowered SI's readership.
Arena missed at least 1 of their payments to ABG. ABG gave them until today to make the next. They failed to do so and ABG revoked their license to use the SI brand.
All that lead to Arena firing their writing staff.
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Post by Seth Drakin of Monster Crap on Jan 20, 2024 0:34:54 GMT -5
I hate this shit
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bob
Salacious Crumb
The "other" Bob. FOC COURSE!
started the Madness Wars, Proudly the #1 Nana Hater on FAN
Posts: 78,331
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Post by bob on Jan 20, 2024 12:54:39 GMT -5
f***ing assholes
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Post by LiamMcDuggle on Jan 20, 2024 13:16:24 GMT -5
I will still never get how they were so unable to shift their business to being online. People want to blame "changing times", but the reality is they were unable to shift their business model quick enough.
The Atlantic, The Athletic, the NY Times have all proven online sub models can work. ESPN has also proven a non pay model can also work for a sports website.
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Post by HMARK Center on Jan 26, 2024 18:12:42 GMT -5
Example #356,988,140 why private equity running businesses that involve any level of journalism or creativity is the stuff of hellscape nightmares.
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