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The brand and intellectual property of Sports Illustrated have been sold to marketing company Authentic Brands Group for 0 million.Meredith Corporation, the current owner of the iconic magazine, announced the sale on Tuesday. In an unusual arrangement, Meredith will continue to publish the Sports Illustrated magazine and website.The structure of the deal suggests that the Sports Illustrated brand is much more valuable than the storied magazine.Authentic Brands Group, which owns the brands of celebrities like Marilyn Monroe and Elvis Presley, will assume the marketing, business development and licensing of Sports Illustrated's intellectual property.Jamie Salter, CEO of Authentic Brands Group, said in a statement that Sports Illustrated's "trusted name and fiercely devoted following set the stage for the brand to become a leader in lifestyle and entertainment."According to the companies, potential new business opportunities include events, conferences, gambling and gaming products as well as video and television.Meredith, which is paying Authentic Brands Group an undisclosed fee to publish the Sports Illustrated magazine and website, said it would maintain the publication's editorial independence.Sports Illustrated was put up for sale last year along with Time, Fortune and Money magazines, which Meredith acquired via its purchase of Time Inc. Meredith also owns People, InStyle and Better Homes & Gardens.Salesforce CEO Marc Benioff and his wife Lynne Benioff purchased Time in September.Meredith sold Fortune to Thai billionaire Chatchaval Jiaravanon in November, and decided to take Money magazine off the market in April, turning it instead into a digital-only publication. 1715

The medical journal BMJ published a report today that links a lower risk of early death to higher levels of physical activity at any intensity in middle-aged and older people.Previous studies have repeatedly suggested that any type of sedentary behavior, such as sitting still, is not good for your health. Being sedentary for 9.5 hours or more a day, excluding sleeping time, is associated with an increased risk of death.Led by Prof. Ulf Ekelund of the Norwegian School of Sports Sciences located in Oslo, Norway, researchers analyzed studies that assessed how physical activity and sedentary time were linked with risk of an early death.Using accelerometers -- a wearable device that tracks the volume and intensity of activity -- to measure total activity, intensity levels were separated into categories of light, moderate and vigorous.Cooking or washing dishes were examples of light intensity, brisk walking or mowing the lawn were considered moderate intensity, and jogging or carrying heavy loads were used as examples of vigorous intensity.The risk of death for participants was approximately five times higher for those who were inactive compared to those who were the most active, according to the researchers.The study was conducted in the United States and Western Europe on 36,383 adults who were at least 40 years old with an average age of 62. Participants were tracked over an average of 5.8 years.However, the findings in the study may not apply to other populations and younger people.At least 150 minutes of moderate intensity or 75 minutes of vigorous physical activity each week are recommended guidelines, 1642

Texas Gov. Greg Abbott says the state will reject the resettlement of new refugees, becoming the first state known to do so under a recent Trump administration order. In a letter released Friday, Abbott wrote that Texas “has been left by Congress to deal with disproportionate migration issues resulting from a broken federal immigration system.” He added that Texas, which typically takes in thousands of refugees each year, has done "more than its share.” Governors in 42 other states have said they will consent to allowing in more refugees, according to the Lutheran Immigration and Refugee Service. 615

The Federal Communications Commission is set to vote on a new measure to halt illegal robocalls and unwanted phone calls today.Critics are calling for the FCC to delay the vote, citing the need for public evaluation of the proposal and the potential for the blocking of lawful communications, such as the notification of airline delays or health care reminders.FCC Chairman Ajit Pai created the measure, which is expected to be passed by commissioners. The FCC estimates robocalls cost consumers 508

The NCAA said on Monday that it has approved rules that allows conferences and universities to extend an additional year of eligibility for athletes whose season were cut short due to the spread of COVID-19. Earlier this month, the NCAA announced the cancellation of all spring and remaining winter championships. While most winter sports were just getting into postseason play, spring sports, such as baseball and softball, were just getting underway. Generally, the NCAA allows athletes four years that can be used over a five-year span. The ruling will allow athletes for spring sports to complete their four years of eligibility over six years. Teams will also be permitted to extend additional athletic scholarships to athletes to accommodate players opting to take advantage of an extra year of eligibility. Despite calls to also extend a year of eligibility for college basketball players, the NCAA opted not to add eligibility for those athletes. For many college basketball teams, their seasons had ended when most conferences decided on March 10 to suspend the rest of the season.“The Council’s decision gives individual schools the flexibility to make decisions at a campus level,” said Council chair M. Grace Calhoun, athletics director at Penn. “The Board of Governors encouraged conferences and schools to take action in the best interest of student-athletes and their communities, and now schools have the opportunity to do that.” 1457

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