Cut to the Chase: Training-free Multimodal Summarization via Chain-of-Events

Multimodal Summarization (MMS) aims to generate concise textual summaries by understanding and integrating information across videos, transcripts, and images. However, existing approaches still suffer from three main challenges: (1) reliance on domain-specific supervision, (2) implicit fusion with weak cross-modal grounding, and (3) flat temporal modeling without event transitions. To address these issues, we introduce CoE, a training-free MMS framework that performs structured reasoning through a Chain-of-Events guided by a Hierarchical Event Graph (HEG). The HEG encodes textual semantics into an explicit event hierarchy that scaffolds cross-modal grounding and temporal reasoning. Guided by this structure, CoE localizes key visual cues, models event evolution and causal transitions, and refines outputs via lightweight style adaptation for domain alignment. Extensive experiments on eight diverse datasets demonstrate that CoE consistently outperforms state-of-the-art video CoT baselines, achieving average gains of +3.04 ROUGE, +9.51 CIDEr, and +1.88 BERTScore, highlighting its robustness, interpretability, and cross-domain generalization. Our code is available at https://github.com/youxiaoxing/CoE.