Sports Illustrated layoffs

Online? I thought the point today was providing more content and accessibility on apps to a younger demographic using their phones and ignoring the GrandpaBox unless necessary.

Meredith probably will end the license agreement somehow or it'll get tied up in litigation. SI will continue to sink while the "Maven" brass gets paid. They'll eventually reach a settlement, get paid and then someone will hire them again in 12-18 months.

It's like no one ever looks at the past and says, "These guys are toxic shitheads. We don't need to do business with them."

 

That's not really a trade up.

 

What's surprising isn't that people like Levinsohn and Heckman keep spewing their nonsense, it's that they keep finding people who believe it.

 

Board's full of callbacks today.

 

Price is indeed wonderful. A little harsh on Smith.

 

Maven is at it again. More publishers have been terminated, and the guarantees (which weren't much to begin with) have been eliminated in favor of more revenue.

Talked to a friend of mine who was a publisher until a few months ago. He said there's no way anyone but a select few can have a sustainable income on 70 percent of the ad revenue.

 

The red flags on Maven have been waving for a long, long time. How did your friend not see them, and why did he think it was a good idea to work for them?

 

Because he needed a job. Took the Maven money until he found a better-paying gig.

 

Decline. At least he left.

 

I'll let him know of your disapproval.