Jaguar8
commented on a stock · Dec 13 02:15
NEWS
Veritone Renews and Expands Exclusive Global Licensing Agreement with CBS News and StationsThursday, 12th December at 1:15 pmVeritone and CBS News strengthen longstanding partnership, expanding AI-driven content licensing and distribution across national and local platformsVeritone, 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 aiWARETMenterprise 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.
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