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Sports media company Minute Media, home to brands including The Players’ Tribune and FanSided, acquired STN Video Wednesday morning, part of a bid to further expand its digital footprint.
Minute Media declined to provide financial specifics. The acquisition, its sixth, was funded in part by HSBC Innovation Banking and BlackRock, according to a representative.
“This acquisition will enable us to join our scale and become a leader in terms of sports video,” according to Andres Cardenas, chief marketing officer of Minute Media.
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