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Sports Illustrated fire its entire photojournalism staff

No one should be surprised. Prior to spinning the magazines off, Time Warner loaded up Time Inc. with enough debt to raise eyebrows. That’s a common enough practice of vulture capitalists, but not so much when a publicly traded company spins off part of itself to become a separate unit that is immediately traded publicly.

Time Inc. to Set a Lonely Course After a Spinoff

The CEO’s office at Time Inc. acquired revolving doors before the spinoff finally occurred. For instance in 2012 there was Laura Lang (briefly) shuffling the deck and having Bain & Co take a look at where changes might be made.

Time Inc. Makes Lifestyle Moves

Some of the comments posted to the Poynter piece on SI losing its photographers are pretty good. I like Bill Sutley’s “What part of Illustrated do they not understand?”
 
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This is the way the photojournalism industry is going worldwide.
 
SactoGuy18 said:
I don't think THAT will happen given that National Geographic built itself on the basis of top-flight photojournalism in the first place.
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That was always my impression of SI, however ESPN the Magazine lead me to understand that SI actually is a good source of sports journalism.
 
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