Arena Group Holdings
AREN,
whose manufacturers embrace Sports Illustrated and TheRoad, mentioned it terminated the employment of Chief Executive Ross Levinsohn, and named Manoj Bhargava as interim CEO, efficient Monday.
The firm mentioned this follows final week’s termination of operations president and COO Andrew Kraft, media president Rob Barrett, and company counsel Julie Fenster.
Arena has acquired vital media consideration since a November article by Futurism mentioned Sports Illustrated used AI-generated authors. Arena mentioned, following the Futurism report, that the articles in query have been product opinions licensed from AdVon Commerce, and mentioned it “learned that AdVon had writers use a pen or pseudo name in certain articles to protect author privacy — actions we strongly condemn” and that Arena ended the partnership with AdVon.
Arena mentioned Monday that its board “took actions to improve the operational efficiency and revenue of the company.”
Source web site: www.marketwatch.com
