Tech News Summary:
- Minute Media has acquired STN Video, a sports content distributor based in Victoria, BC, in order to enhance its position in the sports media landscape by expanding its reach and providing a more engaging experience for fans.
- NAB Show 2024 will present the sixth annual edition of the Product of the Year awards, recognizing promising new technologies and products exhibited at the show, as well as introducing the Creator Lab, an interactive exhibit focusing on media creation and distribution.
- WABE aims to provide a platform for industry professionals to navigate changes effectively through collaboration and knowledge-sharing, reflecting an ongoing commitment within the media industry towards innovation, collaboration, and continuous learning.
Minute Media, a leading global technology and digital publishing platform, has announced its acquisition of STN Video, a pioneering company in broadcast tech and engineering news. The acquisition marks a significant milestone for Minute Media as it seeks to expand its presence in the video technology and engineering sector.
STN Video is well known for its innovative solutions in video technology and engineering, particularly in the broadcasting industry. The company has established itself as a game-changer with its state-of-the-art products and services that cater to the evolving needs of the industry. With this acquisition, Minute Media is set to enhance its capabilities in video technology and engineering, allowing it to stay ahead in the rapidly evolving digital media landscape.
“Acquiring STN Video is a strategic move that will enable Minute Media to further strengthen its position as a leader in the digital publishing and technology space,” said Asaf Peled, CEO and co-founder of Minute Media. “STN Video’s expertise in broadcast tech and engineering will complement our existing capabilities and allow us to deliver even more innovative solutions to our partners and customers.”
The acquisition of STN Video is expected to provide Minute Media with access to cutting-edge technology and engineering expertise, enabling the company to develop and deploy new, industry-leading solutions for its clients. Additionally, Minute Media will be able to leverage STN Video’s extensive network and reach to further expand its global footprint and bring its innovative products and services to a wider audience.
“We are thrilled to join forces with Minute Media,” said Alejandro Burato, CEO of STN Video. “This partnership represents a significant opportunity for us to continue our mission of revolutionizing the broadcast tech and engineering industry. We look forward to working closely with Minute Media to create even more impactful and game-changing solutions for the digital media landscape.”
With the acquisition of STN Video, Minute Media is poised to solidify its position as a frontrunner in the digital publishing and technology sector. The company’s expanded capabilities in video technology and engineering will undoubtedly drive innovation and support its commitment to delivering cutting-edge solutions to its partners and clients.