BlackRock-backed Minute Media acquires Indian AI startup that extracts sports highlights

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BlackRock- and Goldman Sachs-backed media startup Minute Media, which owns properties like Sports Illustrated, The Players’ Tribune, and 90 Minutes, announced Monday that it is acquiring VideoVerse, an Indian AI startup that lets broadcasters extract highlights and create content from sports footage. VideoVerse’s clients include the Indian Premier League and Women’s Premier League (cricket) tournaments, FIFA+, and broadcasters Nippon TV and Clubber TV.

Mumbai-based VideoVerse was founded in 2016 by Vinayak Shrivastav, Saket Dandotia, and Alok…



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BlackRock-backed Minute Media acquires Indian AI startup that extracts sports highlights


BlackRock- and Goldman Sachs-backed media startup Minute Media, which owns properties like Sports Illustrated, The Players’ Tribune, and 90 Minutes, announced Monday that it is acquiring VideoVerse, an Indian AI startup that lets broadcasters extract highlights and create content from sports footage. VideoVerse’s clients include the Indian Premier League and Women’s Premier League (cricket) tournaments, FIFA+, and broadcasters Nippon TV and Clubber TV.

Mumbai-based VideoVerse was founded in 2016 by Vinayak Shrivastav, Saket Dandotia, and Alok…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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