Veritone to Manage and Monetize Court TV’s Expansive Digital Library
29 October 2024 - 10:00PM
Business Wire
Veritone’s Digital Media Hub and Content
Licensing to transform content management and help unlock new
revenue streams
Veritone, Inc. (NASDAQ: VERI), a leader in building
human-centered enterprise AI solutions, today announced it will
manage and monetize the expansive content library of Court TV. This
marks a significant step in modernizing and streamlining the
content management and distribution processes for the network, one
of the most recognized brands in television.
Court TV, the popular multiplatform television network known for
its comprehensive live coverage of the nation’s most compelling
trials, boasts a massive archive of legal content that dates to the
channel’s founding in 1991. With Veritone’s AI-powered Digital
Media Hub (“DMH”), Court TV will be able to efficiently manage,
organize and monetize this vast library. DMH provides a secure,
cloud-based environment for content storage, search and retrieval
that makes Court TV’s content readily accessible to its affiliate
network stations, media professionals, partners and legal
institutions.
In addition to content management, Veritone’s Content Licensing
will enable Court TV to capitalize on new revenue opportunities by
offering its unique content to an even broader audience, including
more filmmakers, documentarians and podcasters, enhancing its reach
and impact.
“Consumer interest in the real-life drama of true-crime
programming is at an all-time high and the Court TV library is
enormous, containing thousands of hours of coverage and footage
from the nation’s biggest cases over the past 30 years,” said Ethan
Nelson, Head of Court TV. “We believe Veritone’s Digital Media Hub
and Content Licensing solutions will help us pursue and unlock new
opportunities for monetization of the library and make the content
even more accessible to audiences and partners alike.”
“We are thrilled to partner with Court TV in managing and
monetizing their invaluable content library,” said Sean King,
general manager, Media & Entertainment, Veritone. “Veritone’s
Digital Media Hub and Content Licensing solutions are designed to
streamline content operations and also unlock new avenues for
revenue generation. This partnership underscores Veritone’s
commitment to helping media organizations maximize the value of
their content through innovative AI technology.”
Court TV’s adoption of Veritone’s solutions reflects the growing
trend among media organizations to embrace AI-powered tools to
enhance operational efficiency and content monetization strategies.
As the media landscape continues to evolve, partnerships like this
are critical to staying ahead in a competitive market.
To learn more about Veritone’s Digital Media Hub, please visit:
https://nextjs.veritone.com/applications/digital-media-hub/
To learn more about Veritone’s Content Licensing, please 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/20241029585990/en/
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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