Menu
Media

SI To Make Staff Cuts, Asking Editors And Reporters To Volunteer For Buyout Packages

Sports Illustrated is "cutting editorial staff through buyouts and possible layoffs," according to Sandomir & Haughney of the N.Y. TIMES. SI Group Editor Terry McDonell has "asked reporters and editors to volunteer for buyout packages" by Thursday. Depending on the "number of people who volunteer, he will decide whether he has to lay off any of the magazine’s 210 editorial employees." McDonell "would not provide numbers." McDonell in late '08 "had to ask about 40 people to leave out of a staff of 250." McDonell said that he was "making these moves to cut costs and integrate the magazine and digital properties." Buyouts and layoffs "could extend beyond Sports Illustrated and SportsIllustrated.com to its children’s editions and swimsuit issue, and to publications like Golf Magazine and Golf.com." McDonell said, "Unfortunately, there will be some pain in this, meaning the reduction of staff. At this point I don’t know what the number will be but I do know that it will be substantially smaller than what we’ve done in the past." McDonell said that the magazine "wanted to better integrate its digital operations with the magazine." He added that the changes "will involve having a single 'NFL czar' to run all of its National Football League coverage, for example, and a 'golf czar' to handle coverage across all of its platforms." McDonell: "We’re trying to turn that into something more efficient" (NYTIMES.com, 6/15). McDonell said, "Everything is about money eventually and being more efficient." He added that although SI is "'very profitable,' the reductions will allow the magazine to become even more so" (BLOOMBERG NEWS, 6/16).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2012/06/18/Media/SI-Cuts.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2012/06/18/Media/SI-Cuts.aspx

CLOSE