Minute Media Acquires Stn Video
International digital media publisher Minute Media has acquired media company STN Video.
The acquisition of STN will see London-based Minute Media benefit from ‘additional technology capabilities, distribution and sports highlight content rights.’
The purchase of the US-based STN Video also aims to ‘enhance the company’s strategic pillars of creating, distributing and monetising premium sports and culture content.’
STN also brings to Minute Media a comprehensive video content library of more than two million videos featuring content partnerships with all major US sports leagues and prominent entertainment organisations.
Asaf Peled, Founder and Chief Executive Officer of Minute Media, said, “Bringing STN Video into the Minute Media family is a big win for our owned sports content brands, distribution partners and advertisers. With STN’s sports content highlight rights and award-winning video technology, Minute Media’s partners and clients will have access to a 360 degree view of the sports industry, combining content from athletes, teams, creators, and now, leagues.”
Matthew Watson, Chief Executive Officer of STN Video, added, “STN Video was built for distribution partners who care about content, user experience and monetisation. We are thrilled to continue our journey with Minute Media to maximize our global video reach for content providers and advertisers across their unique platforms.”
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