Mumbai: Global technology and sports content company Minute Media announces the acquisition of Video Over, further strengthening its position as a 360 degree solution provider for Rightsholders, Leagues, teams, publishers and marketers. The agreement follows a series of robust sports technology and content additions made by Minute Media over the past year.
Videooverse's flagship product, Magnifi is an AI-driven SaaS platform that enables content owners and rights owners to automatically detect critical moments, create real-time highlights, and efficiently distribute compelling short video content. Its clients include FIFA+, Indian Super League, Propanja League, Willow Television, Portuguese Football Federation, and TV2.
This acquisition will enable Minute Media to deliver unparalleled value to its sports content ecosystem. This integration allows existing Magnifi clients to seamlessly access Minute Media's distribution and monetization solutions, allowing them to maximize the ROI of their video assets while expanding their global reach.
In today's fast-paced sports environment, Magnifice leverages computer vision, natural language processing, and machine learning to analyze visual and audio cues, identify highlights, and enhance fan content in real time. It also integrates Genai features such as multilingual subtitles, automatic thumbnails, metadata generation, and a dynamic rule-based engine for end-to-end automation to create a one-stop editorial workspace for your content team.
Comment on the acquisition ASAF Peled, founder and CEO of Minute Media; I said, “We are excited to bring video-rich capabilities to passionate teams and solid media families to bring teams and leagues to a full stack solution from creation to distribution and monetization. Furthermore, video-over technology will experience the creation of Minute Media's owned and operated brands, partners and clients using AI.”
Videoverse's Advanced Technology will help strengthen the entire global ecosystem of Minute Media. This will enable innovative new formats for flagship brands such as Sports Illustrated and Players' Tribune, while enhancing the STN video platform for Leagues and Publishing Partners.
