'The Arena Group's board announced on Monday that CEO Ross Levinsohn had his employment terminated, with Manoj Bhargava named as interim chief executive. The board said it followed a meeting on actions to improve the operational efficiency and revenue of the company.'
'The Arena Group, which acquired Sports Illustrated in 2019, denied the allegations, and said the articles in question were sourced commercial content from a third-party advertising company, AdVon Commerce.'