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Powerboat Nation Back With Original Owner

After a brief run under the umbrella of Southern California-based Speedboat magazine , Powerboat Nation is back with US Investment Holdings, its original owners group based in Delaware. The return of the popular online portal serving the high-performance powerboating community to its founders is yet another result of the economic fallout created by the COVID-19 pandemic.

Videos are an integral aspects of Powerboat Nation’s content offerings.

Launched eight years ago, the multifacted website offered a deep array of editorial content. Yet it was perhaps best known for an extensive selection of high-quality go-fast boating videos with subjects ranging from poker run coverage to do-it-yourself projects.

“While we were excited and had hoped that Powerboat Nation would thrive under its new owners, it just never grabbed hold as the site struggled to find consistency in content and editorial,” said a spokesperson for US Investment Holdings. “That Speedboat could no longer continue its ownership role with Powerboat Nation is, of course, unfortunate.

“Adapting to the accelerated pace of a daily or even weekly content-based website has to be challenging enough for print-based publishers, but the economic hardships delivered by the coronavirus crisis made a challenging situation even more so,” he continued. “In the end, they decided to walk away from the deal.”

Ray Lee, who co-publishes Speedboat magazine with Chris Davidson, said the decision was a must for the publication’s long-estabiished media identity.

“Frankly, it was very challenging for us between the two brands,” he said. “It confused the public and so we couldn’t get a strong foothold on the best direction for each—which I think caused both brands to suffer. Going forward, we are going to focus fully on our print publication Speedboat Magazine and make it the best it possibly can be.”

At present US Investment Holdings is considering its options, according to the spokesman, for the future of Powerboat Nation. US Investment Holdings also owns and operates Powerboat1.com , a rapidly expanding,  video-based do-it-yourself website launched in late 2019.

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The Lure of Powerboating

by Ted Kreiter (from The Saturday Evening Post Nov/Dec ’91)

 The boats get more powerful every year, but the true test remains man against the sea. 

The Nordskog name has become synonymous with power-boating. Son Gerald publishes Powerboat magazine, while Bob Nordskog continues to race (below) in his Super Vee.

Powerboats come in all sizes, and the owners and drivers are equally diverse. They range from President George Bush and former football quarterback Joe Theismann to the cast of the “Miami Vice” television series and top officials of giant corporations. All, however, have one thing in common—to go as fast as they can with the boat that’s under them without it ending up on top of them.

A good case in point is George Bush, whose 28-foot Cigarette boat, Fidelity, can reach speeds of 50-plus mph. Bush loves to drive all out, and finds great sport in outmaneuvering his Secret Service guards. To keep up with him, the agents use bigger 36-foot chase boats. Unfortunately, their boats take such a pounding that the men who never smile have blown an undisclosed number of engines. Now, they’re trying a different tactic—sturdier engines. Meanwhile, Bush is having the time of his life.

Fortunately for the Secret Service, Bush does not own a Superboat. These behemoths of the powerboat racing set can reach upward of 150 miles per hour and require crews of six to operate. At such speeds, they make powerboat racing one of the more dangerous sports, but for die-hard powerboat competitors, the thrill outweighs the risks. “Racing is living and dying in three-quarter time,” one boat racer has said. “You can experience, in the span of one day, defeat, humiliation, joy, excitement, and ecstasy.”

Few powerboat racers understand this better than Bob Nordskog, a corporate executive who has been racing powerboats since the 1940s and at age 78 is still making waves.

The Californian’s penchant for speed and danger began in his teens. He flew solo in a WWI biplane at age 13. At 14, he was wing walking and parachute jumping. At 22 he modified a Model T Ford and set a land-speed record of 125 mph. The record still stands.

Nordskog’s first racing boat, a 15-foot Lux-or ski boat, promptly barrel-rolled and sank, but that early setback did not dampen his competitive spirit. “As a boy, I was an extreme introvert,” Nordskog explains. “People intimidated me. So I was determined to excel.”

Today Nordskog’s extraordinary record includes 125 wins in 12 different boating divisions; 47 victories in offshore boating alone (the last three just this year). In all he holds more offshore victories than any other driver in the history of the sport.

“If you race with Bob Nordskog you love him,” says Ed Atlas, a spokesperson for the American ‘Power Boat Offshore Racing Corn-mission. “If you race against him, you may not but you respect him.

“There are no records to substantiate this,” Atlas continues, “but he’s believed to be the only person. who has raced as fast as he has for as long as he has in any sport. And when you go out in the ocean for maybe a hundred miles and are hammered by waves for two hours, it can be pretty brutal. At his age, it probably even gets a little tougher.”

But Nordskog doesn’t mind the difficulties. In fact, he thrives on them. His favorite races were four nine-hour marathons in which he drove without a relief driver from start to finish, claiming two victories. In 1974, while still in a cast from a broken arm received in a racing accident, Nordskog set a speed record for offshore powerboats in the Annual Powerboat Magazine World Speed Trials held at Marina del Rey, California. The next year he returned and set the still-existing record for the nautical mile in an unsupercharged V-bottom.

“I believe my thinking controls my like him, destiny,” Nordskog says. “I have crashed several times, and each time that I am in the midst of the crash, my brain is concentrating on the best way to protect and save myself from injury or added injury.”

In Nordskog’s book, the race may go to the swiftest, but not necessarily to the guy with the most powerful boat. “I have always tried to be a winner,” he says, “but preferably without special exotic equipment; rather, with technique and capabilities of the human mind and body.”

A case in point was his race earlier this year at Corpus Christi with his friendly arch-rival Reggie Fountain of Fountain Powerboats. “Reggie has the biggest boat on our circuit and the fastest, most powerful one,” Atlas re-calls. “But it was all he could do to hold Nordskog off. Reggie’s comment afterward was, ‘Anytime you can beat Nordskog, you know you’ve done a good job, because he’s the best driver in the world.’

As a young man in the fledgling airline industry, Nordskog worked on aviator Amelia Ear-hart’s long-distance plane and on the legendary Howard Hughes’ famous around-the-world Lockheed 14. From the latter he learned the importance of determination to accomplish goals. “1 spent hours preparing myself for boat-racing challenges,” Nordskog says. “He taught me to never give up never, never, never.” That attitude, Nordskog says, has helped in his business life as well as in racing. The small company he started with a few simple machines in a Quonset hut in 1951, Nordskog Industries, Inc., is now a conglomerate with a dozen operating companies. Nordskog Inc. is the world’s largest manufacturer of airline galleys—inflight food-service systems—and a leading manufacturer of electrical industrial vehicles.

Somewhere along the line, Nordskog also managed to marry and have two children, six grandchildren, and two great-grandchildren. His main loves, however, remain speed and water—and his chief motivation the desire to win. “All my life, when I am faced with a challenge, I have a strong desire to overcome obstacles—and life dishes out many,” Nordskog says.

Of course, he admits, “There is bound to be a day when this will all be memories, but as I create them as I go along, it is the pleasure of knowing I have succeeded. That’s what keeps me going out to win again.”

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As the brand leader it provides a unique blend of helpful advice and in-depth information for every kind of sailor; power or sail.

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Inside every issue you’ll find clear step-by-step guide to every seasonal hands-on boating job, plus verdicts on the latest gear and boat tests too.

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Katy Stickland – Editor

With a journalism career spanning 25 years, Katy Stickland has worked for local newspapers, the BBC, regional Caribbean publications and Tobago News – the island’s only newspaper.

In 2010, Katy co-founded and ran the marine services company – Store Bay Marine Services – in Tobago with her husband John, providing technical services for visiting sailors ranging from marine electrics and electronics to inboard and outboard engine repair, GRP, canvas work and metal and woodwork.. They lived aboard their S&S 34 in Store Bay, before returning to the UK.

She previously wrote for the Yachting and Boating World website and worked for Yachting Monthly magazine for over five years, three as deputy editor, before joining the PBO team in 2023. She has also contributed to the Superyacht Services Guide and A Cruising Guide to Trinidad and Tobago .

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A yachting, outdoor and travel journalist, Ali has written for a number of brands, including BBC Wildlife, Countryfile, Yachting Monthly and Radio Times. She’s also worked as a publisher in the Women’s and Craft sectors.

Sailing and watersports are her passion. As a child she raced Mirror dinghies with her parents and went on to cruise the North Wales coast in everything from a fibreglass trimaran to a 100-year-old wooden gaffer. These days she lives in Dorset and enjoys wild swimming, paddleboarding, surfing and sailing dinghies in Christchurch harbour.

Ali’s recently become the proud owner of the PBO Project Boat, Maximus . Together with her husband, she’s refitting the 43-year-old cruiser and making all the DIY mistakes her readers warned her about.

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Laura has worked full time on PBO for more than seven years as news and website editor.

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After leaving university in 2005 he got a job writing for an online sailing publication and has continued writing for both cruising and racing publications ever since, covering two Olympic Games and other events across the globe.

Hailing from that well known seafaring port of Chesterfield and brought up with a family of engineers, Fox Morgan is an STCW, GMDSS and YM Ocean qualified maritime professional as well as NCTJ qualified photojournalist since 1997. On the water, they go by the name Captain Flashheart.

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He’s been with PBO on and off for more than 15 years.

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Twisted’s New ‘Street Cred’

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The 2024 alumacraft fsx, the 2024 edmonton boat and sportsmen’s show opens tomorrow , e-propulsion sustainably mobilizes hundreds of sightseeing bamboo rafts on the guilin li river, maritime’s largest boat and outdoor event opens this month, rusty wyatt makes history with debut win at pertamina grand prix, discover boating® miami international boat show® wraps up five-day event in miami and miami beach, 45 pickups in the spotlight at the autoshow, mercury introduces joystick steering for single-engine vessels, intrepid powerboats introduces new 41 panacea and 43 nomad se/fe models, velocity launching luxury center console, it’s a wrap at the 2024 montréal international boat show, calgary’s favourite boat and outdoors show opens this week, niagara falls – in the solar eclipse path of totality, princecraft debuts three new models at tibs, cars of the future – what will we drive in 10, 25 or 50 years, create your wave m-11 s: riding the future of electric surfboards, seakeeper gyro: transforming the boating experience with stability innovation, 2024 canadian boat show calendar, prana boats announces their first launch of sustainable boat line, canadian destination: visiting vancouver, industry-first center-mounted twin-engine barletta pontoon boat honoured with innovation award at minneapolis boat show, cruisers yachts 42 gls ob, c-tow celebrates their 40th anniversary.

2024 American Boat Shows

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Editors choice, over the horizon ais now available in savvy navvy, yamaha launches new v6 4.3 litre 350 horsepower outboard, boat reviews.

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2024 Starcraft SVX IO 230

Affordable fun on the water with Mercury’s 300 HP. By Jarrett Matthews The Starcraft SVX

2023 Starcraft SVX 171 OB

Exceptional value. By Walt Jennings The most popular boat type in all of the Americas

2023 Princecraft Ventura 23 RL

Combining fishing excellence with spacious seating to create a fantastic family fish boat. By Captain

The Agile Scarab 195 ID

Written by: Jarrett Matthews In 1975, Larry Smith started the Scarab team dedicated to racing.

The Hurricane SunDeck 2600 with a Mercury 350 HP

  We had an amazing time testing out the Hurricane SunDeck 2600 with a Mercury

2023 Monterey 378 Super Sport

By: Walt Jennings From their first 19-foot inboard/outboard powered cuddy cabin to today’s 40-foot Sport

The 330 CC Sport will offer a lot of firsts for Velocity. With the center-console

Center Console Showcase

The Fort Lauderdale International Boat Show was a center console lover’s dream. When it comes

The New 457 Center Console—Your Destination for Bold Adventures!

The Formula 457 Center Console will be your offshore adventure destination! Announcing at the Fort

Donzi’s Back in the game

The new 39 VRZ center console showcases Donzi Marine’s performance heritage. With marine industry legend

2023 Parker Offshore 2900CC

By Gregg Mansfield Thanks to a deep-V hull, the new 2900CC from Parker Offshore delivers

Discover the Schaefer V33 Centre Console

The Ultimate All-Around Yacht for Great Lakes and Cottage Adventures! Press Release: The Schaefer V33

By: Jarrett Matthews The Alumacraft FSX has emerged as a compelling option for families seeking

Edmonton, AB – Alberta’s outdoor enthusiasts can get excited as the annual Edmonton Boat and Sportsmen’s Show will make

Project Creates An Eco-Friendly, Low-Emission Tourist Destination to Preserve Tranquil Beauty of Popular Destination in

Moncton, NB – The highly-anticipated Moncton Boat and Sportsmen’s Show will make its 2024 return to the Moncton Coliseum

By: Jarrett Matthews The world of F1 powerboat racing has been set ablaze by a

Often referred to as ‘Google maps for boats’ – navigation app savvy navvy rolls out

2024 Starcraft Delta 188 DC Pro

The Delta 188 DC Pro is designed to help you easily locate and catch fish

Editor’s Choice: Nine Fantastic 2023 Fish boats

Boats from $14K to more than $103 K Welcome, avid anglers, to the Fish Boats

2023 Starcraft STX 2050

This fishboat embodies the perfect blend of toughness and versatility for every angler’s pursuit. By

Jet Tender Reclaims Thrilling Sensations

Press Release – Most boaters can vividly recall the first time they went out alone

BRISTOL, Ind., Jan. 18, 2024 (GLOBE NEWSWIRE) — Barletta Pontoon Boats, one of the fastest-growing

The 2024 Armada Drakkar Pontoon

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2024 Bennington’s S Series

A sleek new look from bow to stern with a complete redesign of the 18

Beauty in a Beast – Princecraft’s Gorgeous New Pontoon

By: Timmy McNamee The Princecraft Vogue 27XT provides the luxury pontoon class with unique features

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Boating, a cherished pastime in Canada due to our abundant freshwater lakes, has experienced remarkable

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YACHT SOLUTIONS INTRODUCES THE NEW SCHAEFER YACHTS 375 FOR THE CANADIAN MARKET

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Oconto, WI (October 18, 2023) – Cruisers Yachts, a premier American manufacturer of luxury yachts,

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2023 Cranchi 46 Luxury Tender

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The 2024 Starcraft MVX Surf

By: Timmy McNamee The Starcraft MVX Surf is a beacon of innovation in the world

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2023 Yamaha 255 XD

By: Timmy McNamee Let’s talk about jet power! With twin 1.8L SVHO, the Yamaha 255XD

2023 Tigé Z5

By: Timmy McNamee Big, bold, and beautiful, coming in at 25-and-a-half feet, the all-new Tige

2023 Nautique Super Air GS22

By: Timmy McNamee Undergoing a complete redesign for 2023, the second generation Nautique GS22 proves

2023 MasterCraft XT23

By Timmy McNamee The MasterCraft XT Line redesign made a jaw dropping debut in 2022

Express Post

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The Wine Ladies: Are you Game? For Wild Game that is. . .

Best of the Miami Boat Show

The 2023 miami boat show was sizzling with new boats and new technology.  .

Story by Gregg Mansfield Photos by Todd Taylor

The 2023 Discover Boating Miami International Boat Show was one for the ages.

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Seattle Boat Show celebrates 75th anniversary

2019 Seattle Boats Afloat Show

Lake Union Boats Afloat 40th Annual Show opens Sept 13th

The Fort Lauderdale International Boat Show was a center console lover’s dream.

W hen it comes to checking out the latest center console boats, the 2023 Fort Lauderdale International Boat Show was the perfect place to start.

The boat show was a massive one-stop shop with more than 1,000 exhibitors spaced over seven locations in Fort Lauderdale, Fla. For those willing to get their steps in and brave the crowds, the 64th annual Fort Lauderdale International Boat Show (FLIBS) was worth the trip.

From October 25-29, 2023, most attendees shopping for a center console headed to the in-water show at the Bahia Mar Yachting Center and the Broward County Convention Center. Other show locations included the Las Olas Marina, Hall of Fame Marina, SuperYacht Village at Pier 66 South, Pier 66 Marina and 17th Street Yacht Basin.

SOS in “The Graveyard of the Atlantic”

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Exploring the Florida Keys

Western canada.

February 6, 2024

  Calgary, AB – Outdoor enthusiasts can get excited as the annual Calgary Boat and Outdoors Show is opening its doors this Friday at noon! The region’s largest showcase for recreational hobbies is taking place at the BMO Centre, February 9-11 . Hundreds of exhibitors will be on site to display the latest in powersports, hunting & fishing gear, outfitters, paddle sports, boats, boating equipment, accessories and more.

Tickets are available online now on the official show website . Online and at the door, admission is $15.00 for adults, $12 juniors, $12 for seniors, $45 for a family pass and children 12 and under get in free! Visitors are encouraged to take advantage of the current promo – use code “SHOWTIME24” during checkout to save $2!

WildTV is also the official sponsor of the show popular seminar stage feature. A full schedule of presentations can be found on the show website:

The show will also be full of family-friendly features including : EBike demos from STACYC, Reptile displays from Reptile Parties, K9 Retriever Trials from Trailrunners, a kid’s fishing pond and more!

Visitors are also encouraged to scan the QR code at the door and enter to win one of the many door prizes. Enter for a chance to win the grand prize of a guided sturgeon fishing trip on the Fraser River courtesy of BC Sportfishing Group! Plus, the chance to win other amazing prizes from Canadian Board Company, Napier, Cutco, Twin Anchors with more contests found across the show floor.

To stay up to date, visit the show’s website at www.calgaryboatandoutdoorshow.ca and connect with the show on Facebook or Instagram.

SHOW INFORMATION

Friday, February 9 – 12pm – 9pm

Saturday, February 10 – 10am – 7pm

Sunday, February 11 – 10am – 5pm

BMO Stampede Park

20 Roundup Way SE

Calgary, AB

New Canadian Boat Club Opens with Capria Crane

Eastern canada.

Boat Show season is upon us! We couldn’t be more excited for the return of boat and outdoors shows across the country. Here is a list of the events happening from sea-to-sea in Canada for 2024.

Also check out some of the U.S. Boat Shows happening in early 2024!

British Columbia:

Vancouver International Boat Show

BC Place and Granville Island

Vancouver, British Columbia

January 31 – February 3, 2024

www.vancouverboatshow.ca

Victoria Fishing and Boat Show

Pearkes Recreational Centre

Victoria, British Columbia

March 8-10, 2024

www.victoriaboatshow.com

BC Boat and Sportsmen’s Show

Abbotsford, British Columbia

March 1-3, 2024

BCSportmenShow.ca

Calgary Boat and Outdoors Show

Calgary, Alberta

February 9-11, 2024

https://calgaryboatandsportshow.ca

Edmonton Boat and Sportsmen’s Show

Edmonton Expo Centre

Edmonton, Alberta

March 14-17, 2024

https://edmontonboatandsportshow.ca

Saskatchewan:

Saskatoon Sports and Leisure Show

Prairieland Park

Saskatoon, Saskatchewan

March 6-8, 2024

www.sportsandleisureshow.com

The Boat Show

The International Centre

Mississauga, Ontario

January 11-14, 2024

theboatshowic.ca

Toronto International Boat Show

Enercare Centre, Exhibition Place

January 19-28, 2024

torontoboatshow.com

Ottawa Boat and Outdoors Show

Ottawa, Ontario

February 22-25, 2024

www.ottawabos.ca

London Boat Fishing and Outdoor Show

Western Fair Agriplex

London, Ontario

February 23-25, 2024

www.ontarioboatshows.com

The Quinte Sportsman Boat and RV Show

Quinte Sports and Wellness Centre

Belleville, Ontario

www.quintesportsmanshow.com

Toronto Sportsmen’s Show

Toronto, Ontario

www.torontosportshow.ca

Montreal’s International Boat Show

Montréal, Québec

Palais des Congrès de Montréal

February 8-11, 2024

www.nautismequebec.com

The Outdoor Adventure Show

Palais des Congrès, Montreal, QC

March 23-24, 2024

Outdooradventureshow.ca

Halifax International Boat Show

Halifax Exhibition Centre

Halifax, Nova Scotia

February 1-4, 2024

www.halifaxboatshow.com

Moncton Boat and Sportsmen Show

Moncton Coliseum Complex

Saint John, New Brunswick

March 22-24, 2024

www.monctonbss.ca

North Atlantic Fish and Workboat Show

Mile One Centre

St. John’s, Newfoundland and Labrador

2025 Dates Coming Soon…

https://nafish.ca/

NB Sportsmen’s Show

http://www.nbsportsmenshow.ca

The 1000 Islands Gananoque Poker Run – 2023

Seachoice Products Featured as Prizes in 1000 Islands Gananoque Poker Run

Birch Point Marina Sponsors the 1000 Islands Gananoque Poker Run

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FPC’s Powerboat Magazine: Powerboating In Paradise showcases all of the excitement of Florida Powerboat Club’s poker run series and special events, in a colorful high-quality magazine that is published quarterly.

In every issue you will see the members of the Florida Powerboat Club , enjoying weekends in paradise aboard their sleek, powerful offshore escape machines at destinations that are both tropical and beautiful… making them among the most highly rated boating destinations in the world. From the Florida Keys and Key West, to the far reaches of the Bahamas, and along Florida’s magnificent coastlines, Powerboating in Paradise Magazine features dramatic photography taken by the talented FPC photographers, flying above the fleet in the FPC chase helicopters.

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Here are 20 Best Boat Magazines you should follow in 2024

1. Boating Magazine | World's Largest Powerboat Magazine

2. WoodenBoat Magazine

3. Power & Motoryacht Magazine

4. Practical Boat Owner

5. Motor Boat & Yachting Magazine

6. Classic Boat Magazine

7. New England Boating Magazine

8. Southern Boating

9. Professional BoatBuilder Magazine

10. Pacific Yachting Magazine

11. BoatsNews.com

12. Powerboat World Magazine

13. Wave To Wave Magazine

14. PropTalk Magazine

15. Powerboat & RIB Magazine

16. Good Old Boat Magazine

17. Speedboat Magazine

18. Pontoon and Deck Boat Magazine

19. BOAT International Magazine

20. Houseboat Magazine

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European Powerboat Award

Eight Magazines

United by one passion.

Our magazines represent over one million monthly readers in Europe and far beyond. Besides the print products, our magazines cover a much larger range, containing digital channels like websites, Facebook sites, Instagram pages and YouTube channels, providing information about boating to millions of users across the world.

Europe’s biggest motorboat magazine publishes 12 times a year, writing about innovative technique and trends of the boating industry, the most attractive travel destinations for boat-owners and charterers, providing enlightening reports of motorboats and equipment, as well as service and practical advice for skipper.

The BOOTE-editorial department consists of active water sports enthusiasts, that know what they are writing about.

Nautica & Yates Magazine is the leader recreational boating publication in Spain. It’s published bimonthly. With five years now in the market, the magazine is the fusion of the former publications Yate and Nautica, specializing in sailing and motorboats respectively, and the oldest in Spain before stop printing.

«marina.ch», Switzerland’s leading nautical magazine, was launched in April 2007 and appears monthly in both German and French editions.

«marina.ch» offers modern, comprehensive and expert reporting on nautical developments in Switzerland. With comprehensive boat tests, background reports on technical characteristics, achievements, the latest industry news and an extensive classified ads market,  it is a source of highest-quality information. From Swiss lakes to the seven seas, «marina.ch» highlights fascinating destinations, adventure-filled trips and exciting events – while always seeking to transmit the emotional component. Its primary focus is on those who stand out most: the people.

Motorboot is the only monthly magazine in Holland that's fully dedicated to motorboats.

The magazine exists for almost 35 years.

Every month printed in 15.000 copies, it brings all the information motorboat enthousiasts need.

Motorboot informs, inspires and enthuses.

BoatMag is an international journalistic web network for motor boating based in Italy.

It is structured on three websites updated multiple times a day, about everything is related to motor boating, including tourism, technology, lifestyle. The websites are: www.boatmag.it: daily news in Italian www.boatmaginternational.com: daily news in English www.boatmagmarket.com: a comprehensive catalogue and market guide for boats, engines and ribs. The websites are easy to surf, as the news are published both in the homepage (in chronological order) and in their specific section, where they are clustered by area (ribs, engines, sea trials etc.).

Launched in the early sixties, Neptune Yachting Moteur is the oldest and the most prestigious powerboat magazine in France. Neptune is dedicated in priority to boats from 10 to 20 meters. If the seatrials are the core of the editorial line, the magazine also offers a lot of reports about new technologies, devices and accessories in order to guide boat owners. Tips on how to organize your cruises and about the most exciting destinations are also big part of the magazine.

Båtmagasinet

Båtmagasinet is sent out to subscribers 11 times a year, mainly in Norway. In addition, the magazine has a website and an app for smartphones and tablets that have additional options for subscribers. The web site is updated daily, and contain an archive with editorial content from 2006. The magazines and our digital products includes tests of boats and boat related products, related news, features, articles about boat fishing, practical tips and travel tips.

Yachtrevue is Austria’s leading magazine for sailing, powerboating and watersports. Founded in 1977 Yachtrevue offers its readers monthly information on new sailing and motor yachts, cruising and racing, equipment and technology as well as travel destinations for water sports enthusiasts. With this broad range of topics covered by competent journalists and presented in an appealing layout, Yachtrevue casts a spell on all those who take to water sports like ducks to water.

Struggling Sports Illustrated inks deal to stay afloat following partnership

The owner of Sports Illustrated came to an agreement with digital media company Minute Media, officials said Monday, to operate the iconic magazine, two months after mass layoffs appeared to signal the publication's demise.

Authentic Brands, which also owns a host of clothing and lifestyle brands, purchased the sports magazine in 2019; it had been operated in recent years by publishers at The Arena Group.

Then in late January, Authentic Brands said it had terminated The Arena Group’s publishing license, leading to widespread staffing cuts.

Minute Media, best known for The Players’ Tribune and FanSided, said it's reached a deal with Authentic to keep Sports Illustrated going.

"Minute Media will oversee all digital and print editorial operations across the SI portfolio ,  which has been the industry leader in dedicated sports journalism for decades," Minute Media said in a statement .

"Minute Media plans to leverage its premium sports content expertise as well as its technology platform that powers the creation, global distribution and monetization of hundreds of digital content brands, to continue to grow the  Sports Illustrated  media business."

The magazine suffered a reputation blow late last year when it was disclosed that stories written by an artificial intelligence tool had been published.

“In Minute Media we have found a partner that will honor SI’s lauded legacy and exceed fan expectations for the future," Authentic Executive Vice Chairman Daniel W. Dienst said in a statement.

"As Minute Media shepherds the SI brand across a rapidly evolving media landscape, our priority at Authentic is — and has always been — to protect its journalistic integrity and longevity."

The agreement also included Authentic buying an undisclosed amount of equity in Minute Media.

Asaf Peled, the CEO and founder of Minute Media, called Sports Illustrated the "gold standard for sports journalism and has been for nearly 70 years."

"The weight and power of that distinction cannot be understated," Peled added. "At Minute Media, our focus will be to take that legacy into new, emerging channels enhancing visibility, commercial viability and sustainable impact, all while ensuring that the SI team is inspired to flourish in this new era of media."

David K. Li is a senior breaking news reporter for NBC News Digital.

Every product is independently selected by editors. Things you buy through our links may earn Vox Media a commission.

• Casa Magazines Has Been Sold

Casa Magazines is officially changing hands. The West Village newsstand, beloved by glossy diehards, has been owned and operated by Mohammed Ahmed since it first opened on 12th Street and 8th Avenue in 1994. But Ahmed, now 73, is ready to retire and sold the shop earlier this year to Iconic Magazines, a small chain of magazine shops in lower Manhattan. “I know it’s time,” Ahmed said of the change in ownership.

The store, which survived the obliteration of print and the pandemic, will remain much the same, says Hemal Sheth of Iconic, who is a friend of Ahmed’s. Shop manager Ali Wasim will continue to run it day to day and the approach to inventory will continue to be fairly obsessive. “It will be in good hands,” Ahmed says.

Casa feels like a rarity in the digital era: a haven for the fashion completists looking for this month’s Vogue Italia , cyclists after a copy of Rouleur , or people just looking for the Sunday edition of the New York Times . The shop still carries more than 2,500 titles, including this magazine, and owes its longevity, at least in part, to Happy David, a friend of Ahmed’s who helped start an Instagram for Casa in 2017. The account helped secure its status as an institution, raising its profile to locals, tourists, and influencers. The effort paid off and Casa became, in addition to print’s last brick-and-mortar gasp, kind of cool. Valentino and Madewell have done events and brand partnerships with the shop, and in 2021, it was featured in the Times ’ “Style” section.

Ahmed will miss the “daily routine and the smell and feel of the store,” he says, but is ready to spend time with family. (He will also continue to be involved behind the scenes from time to time.) The mission, Sheth told me last month, is simple: “We are trying to help people buy magazines.”

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Weeks after layoffs, sports illustrated publishing rights move to minute media.

SI had been facing layoffs under prior publisher Arena Group.

By Alex Weprin

Alex Weprin

Media & Business Writer

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Sports Illustrated has a new home.

Weeks after mass layoffs hit the iconic sports publication Sports Illustrated under Arena Group Holdings, the owner of the brand rights to the outlet has found a new home.

Authentic Brands Group says that Minute Media has obtained the publishing rights to SI , which will officially part ways with Arena Group.

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“ Sports Illustrated  is the gold standard for sports journalism and has been for nearly 70 years across both print and digital media ,” said Asaf Peled, founder and CEO of Minute Media. “The weight and power of that distinction cannot be understated. At Minute Media, our focus will be to take that legacy into new, emerging channels enhancing visibility, commercial viability and sustainable impact, all while ensuring that the SI team is inspired to flourish in this new era of media.”

Sources say that Minute Media intends to bring over much if not all of the SI staff, though the company is just taking over operations today and needs to take stock of where things stand with the publication. The deal also includes the SI swimsuit edition, and SI for Kids .

“We have said from the start that our top priorities are to keep Sports Illustrated alive, uphold the legacy of the institution and protect our union jobs. We look forward to discussing a future with Minute Media that does that,” said Emma Baccellieri, staff writer for SI and vice chair for the SI Union, in a statement.

ABG, which is in the brand licensing business, acquired SI in 2019, and has been licensing the name for products and goods (including hotels and sports books), while selling the publishing rights to Arena Group. However, Arena failed to make a critical payment, triggering a clause allowing ABG to seek other partners.

“In Minute Media we have found a partner that will honor SI’s lauded legacy and exceed fan expectations for the future,” ABG executie vice chairman Daniel W. Dienst added. “As Minute Media shepherds the SI brand across a rapidly evolving media landscape, our priority at Authentic is — and has always been — to protect its journalistic integrity and longevity. Minute Media has successfully proven that they are leading the way in a new era of sports storytelling, and we are excited and optimistic about this partnership and the future of  Sports Illustrated  as the preeminent lens into sport.” 

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Sports Illustrated’s owner announces new publisher amid turmoil

Sports Illustrated has found a new publisher, the company’s owner announced Monday, ending months of uncertainty over who would operate the storied sports publication. The new publisher is Minute Media, a London-based digital media company that publishes a number of websites, including the Players’ Tribune.

Minute Media takes over publishing Sports Illustrated from the Arena Group, which held those rights for five years and lurched from controversy to controversy, including undergoing several rounds of layoffs , publishing product reviews written by artificial intelligence and, earlier this year, laying off the entire unionized workforce of SI .

Minute Media is not acquiring SI but rather licensing the publishing rights from SI’s owner, Authentic Brands Group, a brand ownership firm that owns the intellectual property of celebrities such as Elvis Presley and Shaquille O’Neal. Minute Media will now decide the fates of around 80 staffers as it charts a path forward for SI. A spokesperson for Minute Media said the company would meet with SI leadership in the coming weeks to determine which staffers will be offered employment with Minute Media.

Dan Dienst, an executive vice chairman at Authentic, said in a statement: “In Minute Media we have found a partner that will honor SI’s lauded legacy and exceed fan expectations for the future. As Minute Media shepherds the SI brand across a rapidly evolving media landscape, our priority at Authentic is — and has always been — to protect its journalistic integrity and longevity.”

A new publisher could help stabilize SI after several tumultuous months, multiple staffers told The Washington Post. In January, the Arena Group missed a scheduled payment to Authentic, part of the licensing fee it paid to publish SI. Authentic responded by revoking the publishing license, and Arena issued layoff notices to all of the unionized staff. Their last days were scheduled to be at the end of April.

While staffers awaited their fates, Authentic spent the past several months negotiating a new publishing license. The company’s CEO, Jamie Salter, told The Post last month he was considering four proposals , including continuing its partnership with Arena. But that became increasingly untenable because of the deterioration of the relationship between Authentic and Arena’s largest shareholder, Manoj Bhargava, the founder of 5-Hour Energy.

“We have said from the start that our top priorities are to keep Sports Illustrated alive, uphold the legacy of the institution and protect our union jobs. We look forward to discussing a future with Minute Media that does that,” said Emma Baccellieri, a staff writer for SI and vice chair for the SI Union, in a statement released by the NewsGuild.

Sports Illustrated Editor-in-Chief Steve Cannella emailed staffers Monday morning. “I know we all have a lot of questions — I wish I had more to share with you right now,” he wrote, adding, “I’m sure we will get a chance to meet with the Minute Media team as soon as possible.”

The licensing deal is for 10 years, with an option for an additional 20. It includes the rights to publish Sports Illustrated in print and online as well as Sports Illustrated Swimsuit and Sports Illustrated Kids. As part of the deal, Authentic will acquire an equity stake in Minute Media.

The New York Times first reported the agreement.

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A New Chapter for Sports Illustrated, With Plans to Keep Print

Minute Media, owner of The Players’ Tribune, has struck a deal to operate Sports Illustrated for at least 10 years.

By Benjamin Mullin

The owner of Sports Illustrated said it had chosen a new company to publish the magazine, a deal that could settle some of the recent friction at the storied publication and continue the print edition.

Authentic Brands Group, which owns the intellectual property rights to Sports Illustrated as well as to celebrities like Marilyn Monroe and Muhammad Ali, said it had struck a long-term deal to license Sports Illustrated’s publishing rights to Minute Media, a digital-media company focused on sports.

Minute Media’s license with Sports Illustrated will stretch for 10 years with an option to extend for up to 30 years total, into the magazine’s centenary. Both companies expect the deal, which also includes Sports Illustrated’s Swim brand, to last for the full 30-year term. The companies declined to disclose financial terms but said that Authentic Brands Group was taking a stake in Minute Media as part of the deal.

The deal is a significant expansion for Minute Media, a New York-based company founded in 2011 whose holdings — which include the sports websites The Players’ Tribune and Fansided — generate more than $400 million in revenue annually.

Sports Illustrated has been engulfed in turmoil for months, the result of a corporate tug of war between the company that owns the iconic magazine and the energy drink mogul whose executives have been running it. The agreement begins immediately and effectively wrests Sports Illustrated’s operations away from Arena Group, the digital-media company that has run the magazine since 2019 and threatened to end its print edition .

A spokesman for Arena Group said the company had been informed of the deal with the new licensee and had no other details.

It is a new chapter for Sports Illustrated, which published its first issue in 1954. Asaf Peled, the chief executive of Minute Media, said in an interview that he planned to continue Sports Illustrated’s print edition.

“In the current era of digital, it’s still not trivial and quite difficult to build your own brand and get people to know and admire it,” Mr. Peled said. “So once you get the opportunity to work with and grow an iconic brand like Sports Illustrated, you take it.”

Sports Illustrated has been in a state of limbo for months. In January, Authentic Brands Group terminated Arena Group’s license to operate the magazine after the company missed a $3.75 million licensing payment. That month, Arena Group — which continued to run Sports Illustrated while it was in breach of its licensing agreement — told Sports Illustrated employees that many would be laid off and notified others that they would remain on staff for 90 days. Last week, Arena Group executives told employees they would stop printing the magazine after its May issue.

Minute Media plans to expand the magazine’s publishing operations globally, Mr. Peled said, and to hire back some of the employees whom Arena Group had laid off. He added that he would not know how many employees would return until Minute Media started operating the business this week.

Mr. Peled said Minute Media was focused on “short-form sports content creation,” making video, audio and text for consumption on mobile devices. It owns Fansided, which features articles and podcasts for sports fans and for several years was owned by Sports Illustrated’s former publisher, Time Inc.; and The Players’ Tribune, which publishes videos and essays by athletes and was founded by Derek Jeter, the Yankees Hall of Fame shortstop. Mr. Peled said he also wanted to continue Sports Illustrated’s tradition of in-depth journalism.

“It’s an exception to our core strategy, but it’s not the first time we’ve done that,” Mr. Peled said.

An alert published with this article referred incompletely to a deal to operate Sports Illustrated. Minute Media agreed to run the publication for at least 10 years, with an option to extend for up to 30 years total; it did not commit to 30 years.

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Benjamin Mullin reports on the major companies behind news and entertainment. Contact Ben securely on Signal at +1 530-961-3223 or email at [email protected]. More about Benjamin Mullin

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