Sports Illustrated magazine sold for $110M

Sports 05/28/19, 10:42

Sports Illustrated is being sold for $110 million, but the seller will continue running the iconic magazine under a licensing deal.Authentic Brands Group is buying Sports Illustrated from Meredith Corp.Authentic will handle marketing, business development and licensing functions. That includes ...

Meredith to sell Fortune brand for $150 million

New York 11/09/18, 14:59

Media and publishing giant Meredith Corp. says it is selling its Fortune brand for $150 million in cash to Fortune Media Group.The deal, subject to regulatory approval, is expected to close by the end of the year. Meredith said Friday ...

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