Social Media

There’s a mystery bidder for Meredith’s Sports Illustrated

Former Milwaukee Bucks star Junior Bridgeman has competition from a mystery player in the bidding for Sports Illustrated.

“Right now, there is a bit of a horse race underway,” said Meredith Executive Chairman Steve Lacy during his appearance at the American Magazine Conference. He asserts that there are two parties vying to buy it but declined to divulge their identities. The price is estimated at $160 million.

“One is a strategic buyer and one is what I would call a non-strategic buyer, who would use it to power other sporting events,” said Lacy.

Bridgeman is reportedly the player who would take over and run it as a traditional magazine with digital and TV play.

The other is the mystery guest.

One rumor circulating was that it might be fantasy sports betting sites FanDuel and DraftKings, but sources at Meredith shot down that line of speculation as soon as it cropped up at the industry powwow being staged within Meredith’s own New York City HQ.

Source link

Related posts

Media used synagogue shooting to ‘sow anger and division’


National Enquirer sale rumors swirl as potential buyers emerge


‘Thursday Night Football’ ratings spike 7 percent this year


Black Berry Passport review


Discovery searching for answers amid ratings plunge


Nathan Coyle, Pride Media CEO abruptly resigns


Leave a Comment

Learn about the dangers of menstrual cups . La marcatura laser su metallo permette di incidere su questo materiale in modo indelebile, con un risultato che non sarebbe ottenibile con altri sistemi 3a074b3ca5c6b15df8c72658184d962b27de579e 259f67d715eb9f899acfd02a2395fdb6a2302134