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The New York Post: Meredith licenses Sports Ilustrated’s media operations to The Maven

Sports Illustrated’s media operations are getting a new operator.

Authentic Brands Group — a licensing firm headed by Jamie Salter that acquired the venerable brand late last month from Meredith Corp. MDP, +1.44% for $110 million — has turned around and licensed SI’s print and digital publishing rights to The Maven MVEN, +24.71% , a small publicly traded startup.

Under the original sale agreement announced on May 27, Meredith was going to continue publishing the print and digital media under a two-year licensing deal. Sources said the deal required Meredith to pay between $10 million to $15 million a year to ABG for the publishing rights.

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