AI IntelligenceMay 29, 2026M&A
Article
Minute Media -> VideoVerse
Minute Media, rights holder of Sports Illustrated, reversed its ~$200M deal to buy VideoVerse, an AI platform for extracting sports highlights. The reversal comes alongside layoffs of 12% of staff.
Data Cube AI EditorialSource: CTech
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Source Brief
Minute Media, rights holder of Sports Illustrated, reversed its ~$200M deal to buy VideoVerse, an AI platform for extracting sports highlights. The reversal comes alongside layoffs of 12% of staff.
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