Description
Minute Media Ltd. is an international digital media publisher based in London, England, with an associated research and development center in Tel Aviv, Israel. From founding as soccer publication 90min in Israel, the company has grown into a major new media holding company of a number of properties in the field of sports news and commentary, including The Players' Tribune and the FanSided blog network.
The company employs 230 people and generates a reported $170 million in annual revenue, derived primarily from advertising. It is owned by venture capitalist and sports fan Asef Peled.
In March 2019, Minute Media acquired The Big Lead, a news blog with heavy coverage of sports and popular culture, from newspaper giant Gannett.
In November 2019, Minute Media announced the acquisition of The Players' Tribune, a digital media company founded by former New York Yankees star Derek Jeter. The division is a media company which allows elite athletes to create their own content for public distribution, thereby bypassing the traditional model of making use of an intermediary publisher.
In January 2020, the company revealed its acquisition of FanSided, a network of more than 300 focused blogs dealing primarily with American professional and collegiate sports.