Establishment
There were two previous magazines named Sports Illustrated before the current magazine was launched on August 9, 1954.[6] In 1936, Stuart Scheftel created Sports Illustrated with a target market of sportsmen. He published the magazine monthly from 1936 to 1942. The magazine focused on golf, tennis, and skiing with articles on the major sports. He then sold the name to Dell Publications, which released Sports Illustrated in 1949 and this version lasted six issues before closing. Dell's version focused on major sports (baseball, basketball, boxing) and competed on magazine racks against Sports and other monthly sports magazines. During the 1940s, these magazines were monthly, which prevented them from covering current events. There was no large-base, general, weekly sports magazine with a national following on actual active events. It was then that Time patriarch Henry Luce began considering whether his company should attempt to fill that gap. At the time, many believed sports was beneath the attention of serious journalism and did not think sports news could fill a weekly magazine, especially during the winter. A number of advisers to Luce, including Life magazine's Ernest Havemann, tried to kill the idea, but Luce, who was not a sports fan, decided the time was right.[7]
Luce and editors of the planned magazine met in 1954 at Pine Lakes Country Club, the oldest golf course in Myrtle Beach, South Carolina. The course's pro shop has a plaque mentioning the meetings, and the plaque also states that the first issue was given to the course. It is on display there. Myrtle Beach Area Golf Course Owners Association executive director Tracy Conner credits the magazine with making Myrtle Beach a golf destination.[8]
Many at Time-Life scoffed at Luce's idea; in his Pulitzer Prize–winning biography, Luce and His Empire, W. A. Swanberg wrote that the company's intellectuals dubbed the proposed magazine "Muscle", "Jockstrap", and "Sweat Socks". Launched on August 9, 1954, it was not profitable (and would not be for 12 years)[9] and not particularly well-run at first, but Luce's timing was good. The popularity of spectator sports in the United States was about to explode, and that popularity came to be driven largely by three things: economic prosperity, television, and Sports Illustrated.[10]
The early issues of the magazine seemed caught between two opposing views of its audience. Much of the subject matter was directed at upper-class activities such as yachting, polo and safaris, but upscale would-be advertisers were unconvinced that sports fans were a significant part of their market.[11]
Color printing
In 1965, offset printing began. This allowed the color pages of the magazine to be printed overnight, not only producing crisper and brighter images, but also finally enabling the editors to merge the best color with the latest news. By 1967, the magazine was printing 200 pages of "fast color" a year; in 1983, SI became the first American full-color newsweekly. An intense rivalry developed between photographers, particularly Walter Iooss and Neil Leifer, to get a decisive cover shot that would be on newsstands and in mailboxes only a few days later.[12]
In the late 1970s and early 1980s, during Gilbert Rogin's term as Managing Editor, the feature stories of Frank Deford became the magazine's anchor. "Bonus pieces" on Pete Rozelle, Woody Hayes, Bear Bryant, Howard Cosell and others became some of the most quoted sources about these figures, and Deford established a reputation as one of the best writers of the time.[13]
Expansion of sports coverage
After more than a decade of steady losses, the magazine's fortunes finally turned around in the 1960s when Andre Laguerre became its managing editor. A European correspondent for Time, Inc., who later became chief of the Time-Life news bureaux in Paris and London (for a time he ran both simultaneously), Laguerre attracted Henry Luce's attention in 1956 with his singular coverage of the Winter Olympic Games in Cortina d'Ampezzo, Italy, which became the core of SI's coverage of those games. In May 1956, Luce brought Laguerre to New York to become the assistant managing editor of the magazine. He was named managing editor in 1960, and he more than doubled the circulation by instituting a system of departmental editors, redesigning the internal format,[14] and inaugurating the unprecedented use in a news magazine of full-color photographic coverage of the week's sports events. He was also one of the first to sense the rise of national interest in professional football.[15]
Laguerre also instituted the innovative concept of one long story at the end of every issue, which he called the "bonus piece". These well-written, in-depth articles helped to distinguish Sports Illustrated from other sports publications, and helped launch the careers of such legendary writers as Frank Deford, who in March 2010 wrote of Laguerre, "He smoked cigars and drank Scotch and made the sun move across the heavens ... His genius as an editor was that he made you want to please him, but he wanted you to do that by writing in your own distinct way."[16]
Sale to Authentic Brands Group, Maven
In 2018, Meredith Corporation acquired parent company Time Inc. Meredith planned to sell Sports Illustrated due to not aligning with its lifestyle properties.[23] Authentic Brands Group announced its intent to acquire Sports Illustrated for $110 million the next year, stating that it would leverage its brand and other assets for new opportunities that "stay close to the DNA and the heritage of the brand." Upon the announcement, Meredith would enter into a licensing agreement to continue as publisher of the Sports Illustrated editorial operations for at least the next two years.[24][25] In June 2019, the rights to publish the Sports Illustrated editorial operations were licensed to the digital media company theMaven, Inc. under a 10-year contract, with Ross Levinsohn as CEO. The company had backed a bid by Junior Bridgeman to acquire SI.[26]
