On January 24, 2024, Minute Media, a global leader in technology and sports content, acquired STN Video, a top North American sports content distributor with partnerships across major U.S. leagues. This acquisition, which included STN's award-winning Online Video Platform, significantly enhances Minute Media's technology, distribution, and sports highlight content rights. The transaction was supported by funding from HSBC Innovation Banking and BlackRock-managed funds and accounts.

STN Video's platform, known for its robustness and award-winning status, complements Minute Media's Voltax Video infrastructure. This synergy is expected to boost Minute Media's capabilities in creating, distributing, and monetizing premium sports and culture content. Additionally, STN contributes a vast video content library with over 2 million videos and partnerships with all major U.S. sports leagues.

Asaf Peled, Minute Media's CEO, highlighted the acquisition as a strategic win, providing a comprehensive sports industry view by integrating content from various sources including athletes, teams, and leagues. This enhances the offerings for Minute Media's sports content brands, distribution partners, and advertisers.

STN Video, founded in 2010 as SendtoNews and headquartered in Victoria, BC, Canada, with teams in NYC and Miami, is recognized for its Online Video Platform that amalgamates premium content and advanced video technology, adding value for distribution partners.

Matthew Watson, CEO of STN Video, expressed excitement about joining Minute Media, aiming to expand the global video reach for content providers and advertisers.