Veritone’s AI-powered Digital Media Hub
automates media workflows and provides content monetization
capabilities
Veritone, Inc. (NASDAQ: VERI), a leader in building
human-centered enterprise AI solutions, and Engage Digital
Partners, a leading digital sports marketing agency, today
announced a multi-year agreement with World Horse Racing to use
Veritone’s Digital Media Hub (DMH) as its exclusive AI-powered,
intelligent asset management platform. In partnership, Veritone and
Engage Digital Partners will utilize DMH to automate the curation
and activation of all World Horse Racing media content, providing
the foundation for current and future media management,
distribution and monetization activities.
World Horse Racing is an international digital media
organization established by five iconic horse racing entities –
Ascot Racecourse, the Breeders’ Cup, The Hong Kong Jockey Club,
Goodwood Racecourse and the Victoria Racing Club. The organization
provides global horse racing fans with exclusive sport and
lifestyle content and behind-the-scenes access from thoroughbred
racing. By using DMH, World Horse Racing can quickly accelerate
content collaboration and sharing, reducing days of work to just
minutes.
DMH answers many of the challenges World Horse Racing and other
sports organizations face including global distribution, controlled
access to large-scale media archives, content monetization and
centralized functionality for remote production environments. DMH
creates efficiencies in media workflows and enables rights owners
to monetize their content.
“We’re thrilled to work with Veritone and Engage Digital
Partners to manage and bring our vast collection of media and
content assets to life,” said Russell Scott, chief executive
officer, World Horse Racing. “Veritone’s deep expertise in sports
media, international presence and ability to lead us into the next
era of media management make them the right technology partner.
Their new breed of intelligent asset management technology will
enable us to control, organize and distribute our content to
licensing partners across the globe.”
“World Horse Racing is an iconic name in the international
sports community and we are honored to work with their brand to
provide state-of-the-art asset management technology,” said David
Candler, senior sales director, Veritone. “Our strategic
partnership with Engage Digital Partners has enabled us to add
immense value to the archives of the world’s leading sports brands
including World Horse Racing.”
Designed for content owners in media and entertainment, DMH is a
white-label, cloud-native media hub that allows customers to
immediately access, search, manage, share and monetize all media
types including video, audio, images and documents. DMH
automatically ingests content and runs it through multiple AI
cognitive engines to provide superior search and discovery
capabilities. Content rights owners can also monetize their
archives by using Veritone’s Content Licensing services or by
utilizing DMH as their own e-commerce marketplace.
DMH continues to innovate with a wide range of planned new
features including a full user interface upgrade, modernized
navigation, intelligent LLM-powered semantic search, advanced
branding capabilities, one-click analytics using our award-winning
Ask Veri feature, DMH Labs (the sandbox for emerging technologies
such as Gen AI and enhanced admin control) and more. For further
details on DMH enhancements, visit:
https://go.veritone.com/dmh-updates.
For more information on DMH, please visit:
https://www.veritone.com/applications/digital-media-hub.
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.
About Engage Digital Partners
Engage Digital Partners work with some of the most progressive
and successful sports and entertainment brands globally on their
content. Driven by data, Engage Digital Partners uses the latest
technology to help clients create high value content, build
audiences, and drive new revenue streams. Its core services combine
the power of digital strategy, creative production, and premium
distribution to engage audiences across every screen. With offices
in London, Melbourne and Bangalore, Mumbai and Dubai and over 70140
staff, our clients include: the International Cricket Council
(ICC), New Zealand Rugby, World Horse Racing, World Rugby, Rugby
World Cup 2019, Major League Baseball, Mountain Dew, BCCI,
Nespresso, Godolphin, FIFAe, Real Madrid and AFL. Arsenal FC,
Vodafone, Sport360, FEI, Goodwood and Mastercard. To learn more,
visit www.engagedigitalpartners.com
About World Horse Racing
World Horse Racing is an alliance of five iconic global racing
festivals, committed to celebrating the sport of horse racing and
the incredible athletes who make it happen. Launched in May 2018
with the remit of helping a new generation of sports fans fall in
love with the power and excitement of horse racing, while giving
today’s racing enthusiasts exclusive, behind-the-scenes access to
the sport they love, we are now the most watched social channel in
the sport worldwide. To learn more, visit
www.worldhorseracing.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 realised. 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/20240621000281/en/
Valerie Christopherson or Lora Metzner Global Results Comms
(GRC) +1 949 608 0276 Veritone@globalresultspr.com
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