Tl;dr: Scientific American is being sold to LabX Media. As someone who previously worked for a LabX pub that LabX proceeded to run into the ground, I am...skeptical that this signals anything good.
Springer Nature to divest its consumer media businesses | Springer Nature Group | Springer NatureStrategic divestment of consumer media portfolio enables Springer Nature to focus on its core business Transaction supports the long-term developmentgroup.springernature.com