Minute Media Acquires STN Video

Minute Media announces it has acquired STN Video. The acquisition of STN will bring additional technology capabilities, distribution and sports highlight content rights to Minute Media’s ecosystem of owned sports content brands, distribution partners and advertisers.

STN Video features a robust video platform that complements Minute Media’s existing Voltax Video infrastructure. This will enhance the company’s strategic pillars of creating, distributing and monetizing premium sports and culture content. STN also brings to Minute Media a video content library of more than 2 million videos featuring content partnerships with all major US sports leagues and prominent entertainment organizations.

“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,” says Asaf Peled, Founder and CEO of Minute Media.

Headquartered in Victoria, BC, Canada with additional teams in NYC and Miami, STN Video was founded in 2010 as SendtoNews. Today STN is recognized as a leading Online Video Platform (OVP) that brings together premium content, including sports highlight rights from the top leagues in North America, with video technology, driving value for distribution partners.

“STN Video was built for distribution partners who care about content, user experience and monetization,” says Matthew Watson, CEO of STN Video. “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.”

Minute Media raised capital from both industry-leaders HSBC Innovation Banking and funds and accounts managed by BlackRock to help fund the deal.