• 11 months ago
Transcript
00:00 [MUSIC]
00:05 Sports professor Rick Harwin said the $1.3 trillion business of sports with your daily numbers game.
00:10 Here in Dallas, Texas to do some football celebration of facilities may be a sad day.
00:17 Sports Illustrated bought by Meredith Company for $110 million five years ago and then contracted to be published by Arena.
00:26 Authentic held the license, very important distinctions legally.
00:30 Bottom line is they defaulted on a $3.7 million payment, triggered a $45 million termination fee.
00:36 Bottom line is we're going day to day.
00:38 Will Sports Illustrated continue to be published in digital or print or not?
00:42 And the founder of Five Hour Energy is holding the financial key to the future of the magazine.
00:48 I remember collecting, everybody remembers collecting, even when it morphed into digital.
00:53 And now there may be a risk that it doesn't morph at all.
00:57 Say it isn't so.
00:58 Sports professor Rick Harwin, Sports News Minute.
01:01 [MUSIC]
01:07 [BLANK_AUDIO]

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