Sports Illustrated (SI) is an American sports magazine first published in August 1954. Founded by Stuart Scheftel, it was the first magazine with a circulation of over one million to win the National Magazine Award for General Excellence twice. It is also known for its annual swimsuit issue, which has been published since 1964, and has spawned other complementary media works and products.
Owned until 2018 by Time Inc., it was sold to Authentic Brands Group (ABG) following the sale of Time Inc. to Meredith Corporation. The Arena Group (formerly theMaven, Inc.) was subsequently awarded a 10-year license to operate the Sports Illustrated–branded editorial operations, while ABG licenses the brand for other non-editorial ventures and products. In January 2024, The Arena Group missed a quarterly licensing payment, leading ABG to terminate the company's license. Arena, in turn, laid off the publication's editorial staff.