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That same week, Huffington Post disassembled their contributor network, stating that the construction “now threatens, with the tsunami of false information we all face daily, to undermine democracy.” Sources from the Los Angeles Times say that they remained open-minded, because they wanted the newsroom to be profitable. They also understood, however, that Levinsohn’s plan was not only outdated, but had already proven ineffective and irresponsible.

Levinsohn was placed on administrative leave on January 19, 2018, the day before the Los Angeles Times newsroom unionized. He never got around to implementing his contributor network scheme because of an NPR report outlining his past sexual harassment allegations, which someone put a great deal of effort into scrubbing from his Wikipedia page. NPR’s report also links him directly to his new business partner at Sports Illustrated: James Heckman, the CEO of TheMaven.

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What’s most telling about that presentation pyramid is the phrase in bold lettering at the top: “Gravitas with Scale.” Levinsohn was heard by several LA Times employees using this phrase in the newsroom, and it provides some insight to his strategy. Levinsohn wants a brand that has established itself already (like Sports Illustrated) with a built-in readership. With a publication like that in hand, he can then start throwing around the word “scale,” a maneuver beloved by Silicon Valley types who want VC investors to come running.

In the presentation to TheMaven contributors, Bill Sornsin said:

“So if you’ve got the scale and you’ve got the tech you still gotta get the deal done, and to get the deal done you have to have the contacts and know who’s who and who the decision maker is at a given advertiser or agency. So between James Heckman, Ross Levinsohn, Andrew Kraft, and some others who you saw in the mug shot lineup, none of whom are actually in jail now by the way, the head of each agency has ether worked for one of those people or vice versa, or were in each other weddings at some point. And relationships still matter and our team knows everybody so we can get those deals done and we are getting those deals done.”

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It has been previously reported that most of Ross Levinsohn’s “dealmaking” at Yahoo took the form of extravagant parties. He rented yachts and filled them with bikini-clad women to woo investors. Yahoo paid for a vacation home for Heckman and Levinsohn in the Hamptons to entertain clients. Yahoo purchased a digital advertising network that Heckman and Levinsohn founded for $28 million dollars.

Heckman and Levinsohn have been linked for most of their careers. They’ve bought companies from each other for large sums and then paid each other for the favor. Together, they wooed Tronc, where Levinsohn was still being paid as a consultant after his leave of absence for sexual harassment allegations from the Los Angeles Times, to invest in TheMaven. 

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These are the men who now run Sports Illustrated—dealmasters who call their site managers “entrepreneurs,” and who have built their site design around some bastardized version of Facebook. “It sucks to be laid off, but it happens in this industry to almost everyone,” a now-former Sports Illustrated employee says. “But it’s one thing to be laid off because you aren’t profitable or whatever. It’s way, way worse to know that you were laid off and the people who run this place you love are going to ruin it.”

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In June, a financial services company called B. Riley Financial provided TheMaven with a $20 million term loan. When asked if he was aware of Levinsohn and Heckman’s past business dealings and personal conduct before providing the loan, B. Riley CEO Andy Moore declined to comment.

Deadspin messaged Ross Levinsohn, James Heckman, and Mark Pattison with several questions about their plan for SI. They included: Why are the “entrepreneurs” required to register as LLCs? Who will edit the posts on the Maven team sites? Will the work there be held to SI’s standard? Is $25,000 per year, or about $13 an hour, fair pay for the job described to potential Maven “entrepreneurs”? How is the strategy being implemented at SI different from the strategy presented and planned for the Los Angeles Times? Deadspin also gave TheMaven the chance to respond to sources’ claims that they are building a “content mill” with a focus on “quantity over quality,” using “snake oil salesmen” techniques. Levinsohn asked for more time to answer the questions and Deadspin granted him another hour. However, before the hour was even up, Deadspin received an email from TheMaven’s spokesman Greg Witter saying they would not be able to meet the deadline and will be releasing a statement later.

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When reporters from the Washington Post called Jamie Salter, the head of the Authentic Brands Group and owner of Sports Illustrated, on Thursday afternoon, “he described the situation at the magazine as ‘awesome.’” There were some obvious reasons to take issue with this answer, since he gave it mere hours after a day full of head-fakes and delays to the “transition meetings” where half of the organization’s newsroom was laid off.

The Authentic Brands Group, which generally licenses things like Muhammad Ali’s face and autograph, had purchased Sports Illustrated as a distressed asset in May for $110 million; neither ABG executives nor executives from TheMaven were present for the layoffs. That unpleasant job fell to the bosses at Meredith Corp., the august publishing concern that sold Sports Illustrated to ABG. Salter and the people behind TheMaven stayed focused on what they have been focused on—the awesome stuff, mostly, and what lies ahead in the future. In Salter’s estimation, that future is bright. “I can only tell you that we buy troubled companies that we think there’s enormous amount of value in the intellectual property in,” Salter told the Post, articulately. Salter, who giddily dreamed about SI-branded medical clinics just months ago, went on:

“We’re also living in a digital world, and I don’t want to blame anyone because it takes a lot of people to run a business. But it takes a leader to build a business. And at the end of the day whoever has been leading this company for the last seven years, in my opinion, they fell behind. ABG has been successful because we’re laser-focused on social media, on influencers, on product and design. And we’re laser-focused on localizing product for each market, and we’ve invested the money and resources in those people for those markets.”

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This approach, which we might call The Extremely Wide Laser, is not done any favors by Salter’s inability to speak clearly, but the general idea is visible somewhere under or within all that C-suite patois and business-boy blustering. If you were on the internet in 2011, or 2009, it will be familiar. The jargon changes with the times, but the cretinous and exploitative principles stay the same.

On Thursday night, the SI staffers who had not been laid off attended an hours-long meeting with Levinsohn and Heckman. While staffers pushed the duo for answers about how the contributor network would be expected to meet SI’s standards and questioned their single-minded focus on SEO and cheap work produced at high volume, Levinsohn and Heckman alternately swaggered and dodged. They emphasized that staffers were going to be offered competitive pay and stock options, and Levinsohn did his best to empathize with what was not an especially welcoming room. “I learned from Chris and Mark, who aren’t here any longer, how they’ve navigated with all of you what has been the equivalent of three or four tours of duty in a war,” Levinsohn said. “That’s how tough I know it’s been. Our job is to give you the tools and the opportunity that past management hasn’t.” Levinsohn, who was joined onstage by Heckman and newly promoted co-editors-in-chief Steve Cannella and Ryan Hunt, told the survivors that Sports Illustrated was going to “win,” and did his best to outline the vision he believed would get them there.

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“We’ve been working for three months or so to learn from the inside out about this business and match it with the business that Maven has built over the last three years, but that the team that’s together has built for three decades,” he told staffers, according to sources present at the meeting. “We’ve made a lot of mistakes, we’ll make a lot of mistakes, we’ve succeeded a lot. We’ll win again. The ability to start a race with a brand like SI puts us in the pole position. The future is not about cutbacks. I can promise you that.”

During the meeting, Heckman took the lead on defending TheMaven’s content-mill model for the company.

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“Anybody here who goes out and says we’re going to replace you with a bunch of bloggers and freelancers are harming your fellow journalists. We’re here to empower journalism. We’re so passionate about empowering journalism,” said Heckman, hours after laying off dozens of journalists. “We’ve been doing this for decades, and our goal is that when you work you gain equity, and you build wealth for your children and your children’s children. That’s our goal.”

Creating real generational wealth through a network of team-specific blogs is a big promise, but Heckman was just getting warmed up.

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“And we just talk about who we’re bringing on. We’re talking about a couple hundred world class journalists. Now you’re not the only people who’ve had it hard in the past 15 years because of the internet. I’ve been inside the press box since the mid 80s. My friends have all been laid off. AP laid them off. Sports Illustrated laid them off, they’re not talking about it. When I started in journalism they had photographers all over the country. Guess what? They don’t have jobs anymore. The newspapers have shut down. Shut down their sports pages. ESPN has fired $200 million worth of employees. We’re going the other way. We’re investing in journalists.”

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Heckman also delivered a truly bizarre monologue about the importance of his work buds. Speaking about his long and often-shady history working with Levinsohn, and other TheMaven execs, Heckman said they were a “family.”

“This family has stuck together through five different companies. Some seven. And there’s a reason why we stick together from start to finish, start to finish, start to finish. We’ll go in, we’ll work for Fox. We’ll go in, we’ll work for Yahoo. We’ll go back to work for Microsoft. We always return, the family members. We started Maven in the living room of our CTO, who’s a senior Google engineer. We literally sat around Indian style and started writing code when we got this company going. The families know each other, the kids know each other, we ski together, we vacation together, we hang out.”

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Heckman continued, this time leaning hard on the “cool boss” angle:

“And this is not about, you know, being, you know, some big company where we separate work and executives. That just doesn’t exist at any of the companies we’ve built. And in that vein we believe in ownership. We think indentured servitude is something that, you know, is hundreds of years ago. We think that you need to be owners. Don’t believe in this executive-employee relationship. I think it’s toxic.”

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There was supposed to be a big party in the office on Thursday to celebrate the finalization of the deal that transferred control of Sports Illustrated to TheMaven, which also rented a bar near the office to keep the festivities going. SI staffers went somewhere else.

If you know anything about what’s going on at Sports Illustrated or TheMaven, please drop a line here or to a specific person here.

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UPDATE (3:27 p.m. ET): This piece has been updated to clarify that the LA Times began efforts to unionize their newsroom before Levinsohn’s arrival.