Sports Illustrated fails to deliver May issue after breakup with publisher: sources
NY Post
Sports Illustrated’s tumultuous breakup with its publisher caused the magazine to skip production of the May edition – leaving more than 1 million subscribers with empty mailboxes last month, The Post has learned.
Arena Group – which had its license revoked in January after failing to make a $3.75 million quarterly payment to rights-holder Authentic Brands – refuses to turn over the subscriber list to new publisher Minute Media, three sources close to the situation told The Post.
By the letter of its contract, Arena – controlled by 5-Hour Energy founder Manoj Bhargava – does not believe it needs to share the SI subscriber list, sources said.
Authentic sued Arena for $48 million for backing out on the remaining three years of the deal, and Bhargava might use the subscriber list as part of negotiating leverage in potential settlement talks, one of the sources speculated.
Arena Group and Authentic Brands declined to comment.
Minute Media did not return calls.
Netflix is planning a “KPop Demon Hunters” world tour, as it looks to capitalize on its most popular movie, a source familiar with the talks said Wednesday.
Kohl’s CEO Michael Bender has revealed that customers and staffers do not need to worry about more intense store closures this year as he focuses on turning around the flailing retailer.
US wholesale prices came in hotter than expected in February.
Investors have flocked to gold IRAs to diversify their retirement savings as the asset soared well above $5,000 an ounce — but with that surge in popularity comes a wave of bad actors who have no business touching anyone’s retirement savings.
In the midst of tax season, with the April 15 deadline quickly approaching, the Internal Revenue Service is warning taxpayers about scammers out to rip you off.
Another one bites the dust. Domino’s, the nation’s largest pizza dining chain, joins the ranks of pizza giants whose franchisees have filed for bankruptcy, leaving many SoCal locations in major limbo.
Dana Walden is unifying Disney’s film, television, streaming and gaming under one roof days before a new CEO takes the reins.
Nvidia said the revenue opportunity for its artificial intelligence chips may reach at least $1 trillion through 2027, as the company outlined a strategy to compete more aggressively in the fast-growing market for running AI systems in real time.
Saks Global — owner of luxury stores including Saks Fifth Avenue and Neiman Marcus — is cutting over 1,200 jobs as it shutters more than a dozen locations nationwide following its bankruptcy filing earlier this year.
Gas prices reach highest level since October 2023 as oil holds above $100 per barrel; US stocks jump
Brent crude oil held above $100 per barrel on Monday, pushing national average gasoline prices to their highest level since October 2023 as President Trump urged allies to help protect oil tankers from Iranian attacks in the key Strait of Hormuz.
Amazon has been signaling that it wants a piece of the Saks empire — including possibly buying it outright — even as its prospects to break into the luxury market have been complicated by its controversial role in the retailer’s bankruptcy, The Post has learned.
The founder of a Vermont-based whiskey brand wants to give away a college campus that he bought during the pandemic — on the condition the new owner shares his vision for “the revival of our country and our civilization.”
WASHINGTON — Energy Secretary Chris Wright predicted that Americans will continue to experience the pinch in their wallets at the gas pump for the “next few weeks,” but he was hopeful that prices could drop below $3 a gallon by the summer.