Arena has licensed the editorial operations of the venerable brand since 2019.
When they win; we win.
These arrangements help ensure that the brands they are licensing from us continue to grow and prosper.
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Other top executives also exited the company.
The Arena Group signed an agreement in November to combine with Bridge Media Networks.
Jason Frankl, a senior managing director of FTI, was appointed as chief business transformation officer.
Authentic Brands Group acquired Sports Illustrated in 2018.
It licensed the editorial operations of the brand to Arena Group in 2019 under a 10-year agreement.
