Veritone and iconik Partner to Power Media Organizations’ Digital Content Monetization Capabilities
September 15 2022 - 07:00AM
Business Wire
Strategic technology integration speeds the
path from media creation to monetization
Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a
hyper-expansive enterprise AI platform, today announced it
integrated Veritone Digital Media Hub, one of its content licensing
technology applications, with iconik’s cloud-native media
management platform. With the combined power of Veritone Digital
Media Hub and iconik, media organizations can now easily manage,
share and license their content, while speeding the path from media
creation to management to monetization.
Media organizations need a way to easily offer digital content
to outside parties for licensing, as well as to manage and share
content both internally and externally—and monetize that content
with eCommerce capabilities. Addressing these challenges, iconik’s
media platform, which organizes media securely from any storage and
offers media collaboration, now connects seamlessly with Veritone
Digital Media Hub, which enables licensing of digital content to
the outside world.
“We are excited to present this offering with Veritone to our
customers,” said iconik Chief Executive Officer Parham Azimi. “This
adds a new monetization piece to our media asset management
solution that will be critical in uncertain times. Now, customers
of both iconik and Veritone can take advantage of licensing their
assets straight from iconik with Veritone Digital Media Hub.”
Powered by aiWARE, Veritone Digital Media Hub enables customers
to monetize valuable digital content that was previously unused.
Digital Media Hub also allows users to set up their own digital
storefront in a fraction of the time it takes with traditional
digital asset management solutions, while offering sorting, tagging
and segmenting capabilities for all types of digital content using
the power of AI.
Complementing Veritone, iconik’s cloud-native SaaS media
management solution allows users to share files from any storage,
collaborate on video and enrich media with AI allowing higher
searchability functionality. Its solution can be scaled to serve
solo creators or large global teams.
“Media and entertainment companies have long struggled to
monetize all of their content, from archival to live event
footage,” said Ryan Steelberg, president, Veritone. “Now, with
Veritone Digital Media Hub’s robust, AI-powered commercialization
features, organizations using iconik’s media management solution
will be able to quickly and efficiently set up their own digital
marketplaces and speed the path to monetization.”
As an established solutions leader in the media and
entertainment industry, Veritone provides its AI-driven software
solutions to many of the world’s top entertainment companies and to
all Big 6 media companies, which by some estimates collectively
control as much as 90 percent of all consumable content. In
addition, seven of the world’s largest sporting events leverage
Veritone. Veritone also licenses content on behalf of some of the
most iconic collections in news, sports and entertainment and some
of the largest rights holders in the world including CBS News,
NCAA, Big Ten, Pac-12 and others.
To learn more about Veritone’s digital asset monetization
solution, click here.
To learn more about Veritone’s web3 and synthetic solutions,
click here.
About Veritone
Veritone (NASDAQ: VERI) is a leader in enterprise artificial
intelligence (AI) software and solutions. Serving organizations in
both commercial and regulated sectors, Veritone’s software,
services and industry applications accelerate and maximize digital
migration, empowering the largest and most recognizable brands in
the world to run more efficiently, accelerate decision making and
increase profitability. Veritone’s hyper-expansive Enterprise AI
platform, aiWARE™, orchestrates an ever-growing ecosystem of
machine learning models to transform audio, video and other data
sources into actionable intelligence. Through professional and
managed services, as well as its robust partner ecosystem, Veritone
develops and builds AI solutions that solve the problems of today
and tomorrow.
To learn more, visit Veritone.com.
About iconik
Iconik® is a cloud-native SaaS media management solution that
allows users to share files from any storage, collaborate on video
and enrich media with AI for high searchability—and it can scale to
serve solo creators or large global teams. For more information,
please visit https://www.iconik.io/news.
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/20220915005275/en/
Valerie Christopherson or Lora Metzner Global Results Comms
(GRC) for Veritone +1 949 608 0276 Veritone@globalresultspr.com
Sarah Rich Veritone srich@veritone.com
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