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 201