Current:Home > NewsPoinbank:Sports Illustrated publisher Arena Group fires CEO following AI controversy -Blueprint Money Mastery
Poinbank:Sports Illustrated publisher Arena Group fires CEO following AI controversy
EchoSense View
Date:2025-04-07 13:37:39
The Poinbankpublisher of Sports Illustrated has ousted its chief executive officer following public backlash over the sport's magazine's alleged use of AI to write stories.
The Arena Group's termination of CEO Ross Levinsohn came as the media giant's board members met on Monday to consider measures to "improve [the company's] operational efficiency and revenue," the company said Monday in a statement posted on its website. The decision comes after SI became steeped in public controversy over allegations it used AI to generate content and fictitious author bios for its website.
The alleged AI-generated content was first reported by tech-focused publication Futurism. According to a post by a spokesperson for Arena Group on SI's X account in November, the questionable content included articles and product reviews from AdVon Commerce, a third-party content provider.
"AdVon has assured us that all of the articles in question were written and edited by humans," the X post read.
Stories removed from site
Though it denied the report that the famed publication produced articles written by artificial intelligence, Arena Group pulled the alleged AI-generated stories from SI.com pending an ongoing internal investigation.
Arena Group did not immediately respond to CBS MoneyWatch's request for comment.
Manoj Bhargava, the 5-Hour Energy founder who owns a majority stake in Arena Group, was named the company's interim CEO on Monday, according to the company's statement.
Levinsohn stepped into the CEO role at Arena Group — which owns more than 250 brands reaching more than 100 million readers — in 2020, his LinkedIn profile shows. He has held senior leadership roles at HBO and CBS Sportsline, in addition to serving as Yahoo's interim CEO in a career that spans three decades, according to the profile.
Arena Group's latest firing follows three terminations at the company last week, including that of COO Andrew Kraft, media president Rob Barrett and corporate counsel Julie Fenster.
The company's shares were trading more than 5% lower on Tuesday as of 2 p.m. EST.
- In:
- Stock Market
- Sports Illustrated
Elizabeth Napolitano is a freelance reporter at CBS MoneyWatch, where she covers business and technology news. She also writes for CoinDesk. Before joining CBS, she interned at NBC News' BizTech Unit and worked on the Associated Press' web scraping team.
veryGood! (82491)
Related
- Nevada attorney general revives 2020 fake electors case
- Arch Manning announces he will be in EA Sports College Football 25
- John Force moved to California rehab center. Celebrates daughter’s birthday with ice cream
- LeBron James says son Bronny 'doesn't give a (expletive)' about critics
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Kate Beckinsale Details 6-Week Hospital Stay While Addressing Body-Shamers
- 'Out of the norm': Experts urge caution after deadly heat wave scorches West Coast
- Alabama coach Kalen DeBoer embraces 'privilege' of following Nick Saban. Don't expect him to wilt
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Support for legal abortion has risen since Supreme Court eliminated protections, AP-NORC poll finds
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Republicans move at Trump’s behest to change how they will oppose abortion
- Suki Waterhouse Shares Sizzling Bikini Photo Months After Welcoming Baby Girl
- SpaceX launches Turkey's first domestically-built communications satellite
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Cassie’s Lawyer Slams Sean Diddy Combs’ Recent Outing With Scathing Message
- Can a shark swim up a river? Yes, and it happens more than you may think
- Ukraine says at least 31 people killed, children's hospital hit in major Russian missile attack
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
USWNT roster for Paris Olympics: With Alex Morgan left out, who made the cut?
Former US Sen. Jim Inhofe, defense hawk who called human-caused climate change a ‘hoax,’ dies at 89
The Daily Money: Good tidings for home buyers
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
SpaceX launches Turkey's first domestically-built communications satellite
Peering Inside the Pandora’s Box of Oil and Gas Waste
Real Housewives of New Jersey's Gia Giudice Says This $6.99 Beauty Hack Is a Lifesaver for Travel