Go Woke; Go Broke: Sports Illustrated planning significant layoffs after license to use its brand name was revoked

submitted by passionflounderPaper tiger from apnews.com

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[–]Hematomato 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (1 child)

I suspect this is less of a "woke" problem and more of a "no one pays for magazines anymore because everything is on the Internet for free" problem.

[–]passionflounderPaper tiger[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Transition to digital is probably the main issue. Pushing the woke agenda likely accelerated SI's demise.

Then there's this:

In December, it fired chief executive officer Ross Levinsohn when the magazine’s alleged use of AI-generated stories drew public backlash.