Digital publisher The Arena Group, which owns and operates Sports Illustrated and other major publications, announced this week that it had fired Sports Illustrated CEO Ross Levinsohn effective immediately.
“Today, the board of directors of The Arena Group Holdings, Inc. (NYSE American: AREN) met and took actions to improve the operational efficiency and revenue of the company,” the company said in a statement. “The board terminated the employment of CEO Ross Levinsohn, and named Manoj Bhargava as interim Chief Executive Officer, both effective today.”
The company declined to go into further detail about what specifically led to Levinsohn’s removal and, when asked if it was related to a recent scandal involving the company allegedly publishing AI-generated content from fake authors, a spokesperson said: “We have nothing further to add to the company’s prior statements…
