Viewbix Sells Cortex Media to Content and Tech Powerhouse Minute Media – Unlocking Value for Quantum Future
Viewbix (Nasdaq: VBIX) announced on November 12, 2025 that it closed the strategic sale of its digital content subsidiary Cortex Media Group to Pro Sportority (Israel) Ltd., a subsidiary of Minute Media, owner of Sports Illustrated publishing rights.
The divestiture aligns with Viewbix’s stated shift away from legacy digital advertising toward high‑growth areas. The company also disclosed a non‑binding term sheet to acquire Quantum X Labs Ltd as it seeks to enter quantum computing and advanced computational technologies. Further transaction details will appear in a Form 8‑K to be filed with the SEC.
Viewbix (Nasdaq: VBIX) ha annunciato 12 novembre 2025 di aver chiuso la vendita strategica della sua controllata di contenuti digitali Cortex Media Group a Pro Sportority (Israel) Ltd., una controllata di Minute Media, proprietario dei diritti di pubblicazione di Sports Illustrated.
La cessione è in linea con la strategia dichiarata di Viewbix di allontanarsi dalla pubblicità digitale legacy verso settori ad alta crescita. L'azienda ha inoltre comunicato un term sheet non vincolante per l'acquisizione di Quantum X Labs Ltd, nell'ambito del tentativo di entrare nel calcolo quantistico e nelle tecnologie computazionali avanzate. Ulteriori dettagli sull'operazione saranno pubblicati in un Form 8‑K da depositare presso la SEC.
Viewbix (Nasdaq: VBIX) anunció el 12 de noviembre de 2025 que cerró la venta estratégica de su filial de contenido digital Cortex Media Group a Pro Sportority (Israel) Ltd., una subsidiaria de Minute Media, propietaria de los derechos de publicación de Sports Illustrated.
La desinversión se alinea con el giro declarado de Viewbix desde la publicidad digital heredada hacia áreas de alto crecimiento. La compañía también divulgó un acuerdo marco no vinculante para adquirir Quantum X Labs Ltd mientras busca ingresar en la computación cuántica y tecnologías computacionales avanzadas. Más detalles de la transacción aparecerán en un Form 8‑K que se presentará ante la SEC.
Viewbix (나스닥: VBIX)는 2025년 11월 12일에 디지털 콘텐츠 자회사 Cortex Media Group를 Pro Sportority (Israel) Ltd.에 매각하는 전략적 거래를 성사시켰다고 발표했습니다. 이는 Minute Media의 자회사로, Sports Illustrated의 출판 권리를 소유하는 회사입니다.
매각은 뷰뷰익스의 고전 디지털 광고에서 고성장 분야로의 방향 전환에 부합합니다. 또한 회사는 양자 컴퓨팅 및 고급 계산 기술 분야에 진출하기 위한 구속력 없는 조건 시트를 통해 Quantum X Labs Ltd를 인수하는 계획도 공개했습니다. 거래의 추가 세부 정보는 SEC에 제출될 Form 8‑K에 실리게 될 것입니다.
Viewbix ( Nasdaq : VBIX ) a annoncé le 12 novembre 2025 avoir conclu la vente stratégique de sa filiale de contenu numérique Cortex Media Group à Pro Sportority (Israel) Ltd., une filiale de Minute Media, propriétaire des droits de publication de Sports Illustrated.
La cession s’inscrit dans la stratégie de Viewbix consistant à s’éloigner de la publicité numérique héritée vers des domaines à forte croissance. La société a également révélé une term sheet non contraignante pour acquérir Quantum X Labs Ltd alors qu’elle cherche à pénétrer le calcul quantique et les technologies computationnelles avancées. D’autres détails sur la transaction apparaîtront dans un Form 8‑K à déposer auprès de la SEC.
Viewbix (Nasdaq: VBIX) kündigte am 12. November 2025 an, den strategischen Verkauf seiner digitalen Inhalts- Tochtergesellschaft Cortex Media Group an Pro Sportority (Israel) Ltd., eine Tochtergesellschaft von Minute Media, dem Inhaber der Publikationsrechte von Sports Illustrated, abgeschlossen zu haben.
Der Verkauf steht im Einklang mit Viewbixs angekündigter Verschiebung von der klassischen digitalen Werbung hin zu Wachstumsbranchen. Das Unternehmen hat außerdem ein nicht bindendes Term Sheet zur Übernahme von Quantum X Labs Ltd bekannt gegeben, während es bestrebt ist, in Quantencomputing und fortgeschrittene Berechnungstechnologien einzusteigen. Weitere Transaktionsdetails werden in einem Form 8‑K veröffentlicht, das bei der SEC eingereicht wird.
Viewbix (ناسداك: VBIX) أعلن في 12 نوفمبر 2025 أنه أغلق البيع الاستراتيجي لشركته الفرعية للمحتوى الرقمي Cortex Media Group لشركة Pro Sportority (Israel) Ltd., وهي شركة تابعة لـMinute Media، مالكة حقوق نشر Sports Illustrated.
يتماشى التفويت مع التحول الذي أعلنت عنه Viewbix من الإعلانات الرقمية التقليدية نحو مجالات ذات نمو عالٍ. كما كشفت الشركة عن ورقة شروط غير ملزمة لشراء Quantum X Labs Ltd في إطار سعيها للدخول في الحوسبة الكمّية والتقنيات الحسابية المتقدمة. ستظهر مزيد من التفاصيل عن الصفقة في Form 8‑K ليتم تقديمه إلى هيئة الأوراق المالية الأمريكية (SEC).
- Closed sale of Cortex to Minute Media subsidiary on Nov 12, 2025
- Strategic shift toward quantum and AI stated alongside divestiture
- Planned Quantum X Labs acquisition is non-binding and conditional
Tel Aviv, Israel, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Viewbix Inc. (Nasdaq: VBIX) (“Viewbix” or the “Company”), a global developer of ad-tech innovative technologies, accelerating into quantum and AI, closed the strategic sale of its major digital content subsidiary, Cortex Media Group Ltd. (“Cortex”), to Pro Sportority (Israel) Ltd., a subsidiary of Minute Media Inc., a leading global technology and sports content company with the publishing rights to Sports Illustrated.
The sale of Cortex aligns with Viewbix’s previously announced strategy. The Company has been evaluating opportunities to expand beyond its legacy digital advertising operations and position itself in high-growth, innovation-driven sectors. Last week, Viewbix announced its intention to enter the quantum computing and advanced computational technologies field, following the signing of a non-binding term sheet to acquire Quantum X Labs Ltd, subject to execution of definitive agreement and satisfaction of closing conditions.
Further details of the transaction will be included in a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission following this release.
About Viewbix Inc.
Viewbix, through certain of its subsidiaries Gix Media Ltd. and Metagramm Software Ltd., operates in the field of digital advertising. Gix Media develops a variety of technological software solutions, which perform automation, optimization and monetization of internet campaigns, for the purposes of acquiring and routing internet user traffic to its customers. Metagramm is a developer of grammatical error correction software. The company offers tools for writing and reviewing, grammar, spelling, punctuation and style features, as well as translation and multilingual dictionaries, using artificial intelligence and machine learning technology.
Viewbix’s technological tools allow advertisers and website owners to earn more from their advertising campaigns and generate additional profits from their websites.
For more information about Viewbix, visit https://view-bix.com/
About Minute Media
Minute Media is a global technology and content company specializing in sports and culture. Minute Media's proprietary tech platform enables the creation, distribution, and monetization of digital content experiences. They own and operate leading sports content brands, including The Players' Tribune, FanSided, and 90min, and serve as the publisher of Sports Illustrated and Sports Illustrated Swimsuit across digital and print platforms. Minute Media has a robust sports highlight rights portfolio through STN Video, providing distribution and monetization for leagues and teams. The company reaches 200M monthly users, powering 1,500+ content creators and 400+ distribution partners across 14 global markets in 10 languages. They also reach a robust print subscriber base through the publication of Sports Illustrated, Sports Illustrated Swim, and Sports Illustrated Kids magazines. Minute Media has offices in New York, London, Tel-Aviv, São Paulo, and Asia.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the signing of definitive agreements with Quantum X Labs and the satisfaction of closing conditions related to the acquisition. Because such statements deal with future events and are based on Viewbix’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release.
The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed in any filings with the SEC. Except as otherwise required by law, Viewbix undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Viewbix is not responsible for the contents of third-party websites.
Investor Relations Contacts:
Michal Efraty
Investor Relations
michal@efraty.com
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