Veritone Enhances Its AI-Powered Media Management Platform to Accelerate Content Discoverability, Sharing and Monetization
May 10 2021 - 7:30AM
Business Wire
Upgrades to Veritone Digital Media Hub will
help media and sports companies quickly find, identify, and
integrate existing content into creative projects to drive more
revenue
Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first
operating system for artificial intelligence, aiWARE™, today
announced significant enhancements to its cloud-native, AI-enabled
media management platform, Veritone Digital Media Hub. Powered by
aiWARE, these new features will assist current and future customers
to rapidly curate and activate assets to increase content
discoverability, operational efficiency and revenue opportunities
in content creation.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210510005123/en/
(Graphic: Business Wire)
With COVID-19 introducing unprecedented challenges to the
production process, a key differentiator for content creators
moving forward will be remote collaboration, compatibility with
their existing applications, and the ability to extract increased
value from their existing content. To meet consumer demand with
limited production, content owners and creators rely on
cloud-native Veritone Digital Media Hub and its new features to
prolong the lifespan of existing content by easily searching and
identifying segments in both archived and newly produced
content.
“These new, exciting upgrades fulfill an important need for us
to find the needle in the haystack within a segment of our
content,” said Jon Sotzing, Marketing Director, Carson
Entertainment Group. “By enabling more control over modifying,
editing, and adding data to specific segments, Veritone Digital
Media Hub allows us to find moments faster and monetize them more
frequently, and in doing so, preserving and promoting one of
best-loved shows in American television.”
New enhancements to the solution include:
- The Annotation Tool, which offers new ways to curate,
search, visualize, and validate cognitive and structured data for a
media file by tagging and saving descriptive information against a
segment of content. This new feature will support customers with
multiple use cases, including licensing and monetization.
- The Data Export Tool, which gives users the flexibility
to narrow down a specific moment within a media file, a time range,
or an entire data set by seconds, frames, or timecodes, and easily
export this data as both JSON and XML output files.
- Content Notifications that deliver a customized email
alert for new content ingested into the platform, informing users
of the type of content that has been uploaded.
“Our enhancements to Digital Media Hub, coupled with the power
of aiWARE, will give current and future media and entertainment
customers a new way to visualize, edit, and engage with their
content and its associated data,” said Ryan Steelberg, President of
Veritone. “This will provide them with greater control over their
content by increasing the accuracy of how their content is tagged,
giving them more ways to export it, and helping them stay on top of
what is currently available in their library, which will culminate
into more licensing and revenue opportunities. Additionally, these
new capabilities have piqued the interest of our state and federal
government customers too, and we look forward to expanding the
value of Digital Media Hub into those markets as well.”
For more information on Veritone’s Digital Media Hub, please
visit: https://www.veritone.com/applications/digital-media-hub.
To learn more about Carson Entertainment Group, please visit:
https://licensing.johnnycarson.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 Denver, and has offices
in Costa Mesa, California, London and San Diego. To learn more,
visit Veritone.com.
About Carson Entertainment Group Carson Entertainment
Group controls the rights to The Tonight Show Starring Johnny
Carson. Over 4,500 Tonight Show episodes recorded between 1962 thru
1992 have been cataloged, carefully preserved and are now available
for a variety of licensing arrangements. CEG licensed Tonight Show
segments have been used in numerous feature films and productions,
including Fargo, Talk To Me, and Watchmen.
Safe Harbor Statement This news release contains
forward-looking statements, including without limitation statements
regarding the enhancements to Veritone’s Digital Media Hub and the
expected benefits of Digital Media Hub and Veritone’s other AI
solutions to Carson Entertainment Group and other 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210510005123/en/
Media Contact Allison Zullo Walker Sands for Veritone
veritone@walkersands.com 330-554-5965
Veritone (NASDAQ:VERI)
Historical Stock Chart
From Aug 2024 to Sep 2024
Veritone (NASDAQ:VERI)
Historical Stock Chart
From Sep 2023 to Sep 2024