Minute Media Bolsters Content Innovation With Strategic AI Acquisition

by THEFUTURE.TEAM

September 10, 2025

Strategic Expansion In Digital Sports Content

In a landmark deal underscoring its commitment to technological advancement, Minute Media—backed by BlackRock and Goldman Sachs—has acquired VideoVerse, a Mumbai-based AI startup renowned for its capabilities in extracting key highlights and generating dynamic sports content. VideoVerse, which has strong ties with industry giants such as the Indian Premier League, Women’s Premier League Cricket, FIFA+, Nippon TV, and Cubber TV, brings cutting-edge technology to Minute Media’s already expansive portfolio that includes iconic brands like Sports Illustrated and The Players’ Tribune.

Leveraging Advanced AI for Enhanced User Engagement

Founded in 2016 by Vinayak Srivastav, Saket Dandotia, and Alok Patil, VideoVerse initially developed AI tools for diverse applications, ranging from content moderation for film certifications to e-commerce object identification. Over time, the company strategically pivoted towards perfecting its video editing and detection tools specifically for sports broadcasting. This evolution has seen VideoVerse herald technological breakthroughs, including automated highlight generation and AI-powered translations, enabling broadcasters to curate tailored content packages that resonate with a global audience.

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Robust Financials and a Promising Future

Although specific valuation details were not disclosed, sources indicate that VideoVerse was valued between $200 million and $250 million at its last funding round in 2023. With a track record of generating $65 million in revenue and maintaining a healthy EBITDA margin of 35% to 40%, the acquisition represents a significant milestone for Minute Media. CEO Asaf Peled highlighted that this is the largest acquisition by the company in terms of both value and scale, further strengthening its position in a competitive digital landscape.

Unlocking New Revenue Streams Through Innovation

Minute Media’s acquisition of VideoVerse is set to amplify its dual strengths in technology and content distribution. By integrating VideoVerse’s AI suite into its network of over 200 million monthly users and nearly 500 B2B publishers, Minute Media aims to pitch a compelling value proposition to U.S.-based sports leagues and beyond. This move is poised to generate substantial advertising revenue and enhance content monetization strategies by leveraging advanced AI capabilities to create and distribute richly engaging sports content.

An Industry Poised For Transformation

As digital consumption trends pivot towards mobile-first, dynamic content experiences, Minute Media’s strategic investment in VideoVerse underscores a broader industry shift. Fans increasingly demand content that transcends traditional coverage, and this acquisition is a calculated effort to meet that demand. With its eyes set on expanding its footprint in international markets, Minute Media is well-positioned to lead the charge in the next generation of digital sports media.

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Cyprus Banks Urged To Focus On Long-Term Resilience As Profits Remain Strong

by THEFUTURE.TEAM

June 26, 2026

The Cypriot banking sector remains in a strong position, supported by solid capital buffers and overall financial stability, according to speakers at the annual general meeting of the Association of Cyprus Banks. At the same time, government officials and regulators stressed that maintaining this position will require continued discipline and long-term planning.

A Strong Sector, But Not A Complacent One

Finance Minister Makis Keravnos used the meeting to highlight concerns over draft laws recently passed by parliament, which, according to the Ministry of Finance, the Central Bank and the Legal Service, may contain constitutional, legal and institutional issues. Those concerns, he noted, led to presidential referrals and remittals to the Supreme Court.

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Keravnos also said the European Central Bank had been consulted on proposed measures concerning the suspension of foreclosures and the restructuring of loans and guarantees, adding that the ECB had expressed its own concerns.

Profitability Should Reflect Real Economy Lending

While acknowledging that the banking sector remains highly profitable, Keravnos said earnings are expected to reach around €1 billion in 2025, lower than in 2024 as interest-rate conditions gradually normalize.

He said he would prefer bank profitability to rely more on lending to businesses operating in productive sectors and less on the widening of European Central Bank interest-rate spreads.

According to the minister, Cyprus’ return to investment-grade status after 11 years has strengthened the country’s appeal to foreign investors, technology companies and startups. He said this should encourage banks to offer financing that better supports businesses while improving the diversification of their loan portfolios.

The Central Bank’s Warning: Strength Today Is Not A Guarantee Tomorrow

Central Bank Governor Christodoulos Patsalides also warned against complacency, saying the sector’s current strength should not be taken for granted.

“The Cypriot banking sector is strong today. But strength that truly matters is not exhausted by a capital ratio, a profit line or a favorable cycle,” he said.

Patsalides added that lasting resilience depends on institutions remaining strong as conditions change, risks become more complex, and competition evolves. In his view, that requires sufficient capital buffers, adaptable infrastructure and management teams prepared for changing market conditions.

Long-Term Resilience Over Short-Term Gains

Patsalides also stressed that banks should focus on long-term resilience rather than short-term performance. Decisions on dividend policy, capital allocation and the use of resources, he said, should take into account continued investment in technology, operational resilience, human capital and long-term adaptability.

He added that banks able to remain competitive over time will be those that invest early in strengthening their capacity to adapt and respond to future challenges.

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