Veritone Renews Agreement with CBS News and Further Expands Content Licensing Library
29 October 2020 - 10:30PM
Business Wire
The new multi-year agreement will enhance
search and discoverability of content, while also providing greater
access to more award-winning news content to license
Veritone, Inc., (Nasdaq: VERI), the creator of the world’s first
operating system for artificial intelligence, aiWARE™, and provider
of digital content licensing services on behalf of the world’s
premier sports entities, news organizations and user-generated
content networks, today announced that CBS News has renewed its
longstanding content licensing agreement with Veritone.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20201029005151/en/
Veritone's new multi-year renewal
agreement with CBS News will enhance search and discoverability of
content, while also providing greater access to more award-winning
news content to license. (Photo: Business Wire)
For more than ten years, CBS News and Veritone have served as a
valuable resource for television producers, filmmakers and content
creators, providing access to millions of hours of both archival
and breaking news content to the creative community. Under this new
multi-year agreement, Veritone will increase the amount of CBS News
footage available for creators to license and leverage, while also
applying its proprietary AI technology to advance and accelerate
the content search and discovery process.
“We are incredibly proud of all that we have accomplished in our
decade of working with CBS News, and are excited to renew our
agreement and power the future of premium content licensing
together,” said Jay Bailey, Vice President of Entertainment
Licensing at Veritone. “Through our extended partnership, we will
continue to grow the amount of CBS News footage that is available
to content creators and with our proprietary AI technology make it
easier and faster for creatives to pinpoint the perfect moment for
their next project.”
CBS News’ content collection can be found on the Veritone
Content Licensing site, a licensing portal that allows users to
easily search for premier content across Veritone’s content
partners, including the NCAA®, Bloomberg, the United States Tennis
Association and many more. The CBS News Archives collection has
more than 2.5 million hours of iconic news programming –– including
historic footage from “60 Minutes,” “CBS This Morning,” “CBS
Evening News” and “48 Hours.” Additional CBS News content that had
previously been unavailable for licensing will now be able to be
accessed under this new agreement.
To learn more about Veritone’s Content Licensing services,
please visit: https://www.licensing.veritone.com.
About Veritone
Veritone (Nasdaq: VERI) is a leading provider of artificial
intelligence (AI) technology and solutions. The company’s
proprietary operating system, aiWARE™ powers a diverse set of AI
applications and intelligent process automation solutions that are
transforming both commercial and government organizations. aiWARE
orchestrates an expanding ecosystem of machine learning models to
transform audio, video, and other data sources into actionable
intelligence. The company's AI developer tools enable its customers
and partners to easily develop and deploy custom applications that
leverage the power of AI to dramatically improve operational
efficiency and unlock untapped opportunities. Veritone is
headquartered in Costa Mesa, California, and has offices in Denver,
London, New York and San Diego. To learn more, visit
Veritone.com.
Safe Harbor Statement
This news release contains forward-looking statements, including
without limitation statements regarding the renewed and expanded
CBS News licensing agreement, and the expected benefits to the
company’s licensing customers. 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/20201029005151/en/
Allison Zullo Walker Sands, for Veritone 312-241-1474
veritone@walkersands.com
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