Authentic Brands Acquires Sports Illustrated From Meredith Corporation

Paul, Weiss represented Authentic Brands Group in its $110 million acquisition of the intellectual property of Sports Illustrated from Meredith Corporation. The purchase includes Sports Illustrated’s associated brands, including Sports Illustrated™, Sports Illustrated Kids™, Sportsperson of the Year, Sports Illustrated Swimsuit, SI™ and SI TV. Authentic Brands also acquired the rights to more than 2 million iconic images in Sports Illustrated's photographic archives. Authentic Brands is a global brand development, marketing and entertainment company.

The Paul, Weiss team included corporate partners Neil Goldman and Robert Schumer; intellectual property partner Chuck Googe; tax partner Lindsay Parks; antitrust counsel Marta Kelly and Yuni Sobel; and employee benefits counsel Jarrett Hoffman.