Veritone Renews and Expands Exclusive Global Licensing Agreement with CBS News and Stations
12 Dezembro 2024 - 3:15PM
Business Wire
Veritone and CBS News strengthen longstanding
partnership, expanding AI-driven content licensing and distribution
across national and local platforms
Veritone, Inc. (NASDAQ: VERI), a leader in building
human-centered enterprise AI solutions, today announced the renewal
of its longstanding exclusive global licensing agreement with CBS
News. The multi-year contract renewal solidifies Veritone’s
position as a premier provider of content licensing solutions for
broadcast networks and expands the partnership to include exclusive
local news content from CBS Owned Stations.
For over a decade, CBS News and Veritone’s licensing agreement
has paved the way for television producers, filmmakers, podcasters
and local-to-global content creators to have access to millions of
hours of CBS News’s archival and breaking news content.
CBS News and Stations will continue to utilize Veritone’s
aiWARETM enterprise AI platform, which enhances access to its
extensive licensed content across numerous distribution channels,
opening new monetization avenues. The advanced AI capabilities of
aiWARE index the CBS library with accurate, time-correlated
metadata to enable advanced and precise search and retrieval,
helping researchers and creatives to quickly find specific scenes,
quotes or highlights, and automate rights management and
delivery.
"We are thrilled to extend our longstanding CBS News
partnership," said Jay Bailey, senior vice president of licensing,
Veritone. "With Veritone's Content Licensing platform, CBS News and
Stations gain continued access to advanced AI solutions to enhance
the accessibility of their content and provide exceptional
experiences for viewers across digital landscapes. This renewal is
a testament to the value we deliver, and we’re excited to drive
further innovation and growth in how users can search and identify
their content."
The agreement strengthens Veritone's portfolio within the media
and entertainment industry, underscoring its commitment to helping
companies optimize content distribution, improve audience
engagement and maximize revenue.
For more information about Veritone content licensing, visit:
https://licensing.veritone.com.
About Veritone
Veritone (NASDAQ: VERI) builds human-centered enterprise AI
solutions. Serving customers in the media, entertainment, public
sector and talent acquisition industries, Veritone’s software and
services empower individuals at the world’s largest and most
recognizable brands to run more efficiently, accelerate decision
making and increase profitability. Veritone’s leading enterprise AI
platform, aiWARE™, orchestrates an ever-growing ecosystem of
machine learning models, transforming data sources into actionable
intelligence. By blending human expertise with AI technology,
Veritone advances human potential to help organizations solve
problems and achieve more than ever before, enhancing lives
everywhere. To learn more, visit Veritone.com.
Safe Harbor Statement
This news release contains forward-looking statements. Without
limiting the generality of the foregoing, words such as “may,”
“will,” “expect,” “believe,” “anticipate,” “intend,” “could,”
“estimate” or “continue” or the negative or other variations
thereof or comparable terminology are intended to identify
forward-looking statements. In addition, any statements that refer
to expectations, projections or other characterizations of future
events or circumstances are forward-looking statements. Assumptions
relating to the foregoing involve judgments and risks with respect
to various matters which are difficult or impossible to predict
accurately and many of which are beyond the control of Veritone.
Certain of such judgments and risks are discussed in Veritone’s SEC
filings. Although Veritone believes that the assumptions underlying
the forward-looking statements are reasonable, any of the
assumptions could prove inaccurate and, therefore, there can be no
assurance that the results contemplated in forward-looking
statements will be realized. In light of the significant
uncertainties inherent in the forward-looking information included
herein, the inclusion of such information should not be regarded as
a representation by Veritone or any other person that their
objectives or plans will be achieved. Veritone undertakes no
obligation to revise the forward-looking statements contained
herein to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
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version on businesswire.com: https://www.businesswire.com/news/home/20241212462218/en/
Media Contact: Valerie Christopherson or Lora Metzner
Global Results Comms (GRC) +1 949 608 0276
Veritone@globalresultspr.com Sarah Rich Veritone
srich@veritone.com
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