Sports Illustrated rights holder Minute Media lays off 12% of staff and reverses its ~$200M deal to buy VideoVerse, an AI platform to extract sports highlights (Meir Orbach/CTech)

<a href="https://www.calcalistech.com/ctechnews/article/kk215pdq7"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260529/i23.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260529/p23#a260529p23" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Meir Orbach / <a href="https://www.calcalistech.com/">CTech</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.calcalistech.com/ctechnews/article/kk215pdq7">Sports Illustrated rights holder Minute Media lays off 12% of staff and reverses its ~$200M deal to buy VideoVerse, an AI platform to extract sports highlights</a></b></span>&nbsp; &mdash;&nbsp; The unicorn says restructuring reflects push for efficiency and long-term growth amid changes in the media market &hellip; </p>