Veritone Announces Licensing Deal with Orchard Clips to Increase Accessibility of International Content
November 30 2023 - 7:00AM
Business Wire
Orchard Clips, an existing Veritone Digital
Media Hub customer, expands its relationship to leverage Veritone’s
expansive network of buyers to unlock new revenue streams
Veritone, Inc. (NASDAQ: VERI), a leader in designing
human-centered AI solutions, today announced a content licensing
agreement with Orchard Clips, a division of UK-based OR Media Group
and a preeminent source of Middle Eastern content. Orchard Clips
will leverage Veritone’s extensive network of buyers to enhance
content licensing opportunities in the Americas and generate
additional revenue.
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the full release here:
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Veritone announces licensing deal with
Orchard Clips to increase accessibility of international content.
Orchard Clips, an existing Veritone Digital Media Hub customer,
expands its relationship to leverage Veritone’s expansive network
of buyers to unlock new revenue streams.
“We see tremendous potential in our partnership with Veritone,”
said Luke Smedley, Head of Orchard Clips. “Not only does it allow
us to highlight the depth and diversity of Middle Eastern content
to a much broader audience, but it also presents an extraordinary
revenue-generating opportunity through content licensing
partnerships with Veritone in North and South America, opening
doors for content creators seeking high-quality Middle Eastern
content as well as global stock footage and images.”
For the past year, Veritone has supported Orchard Clips’
monetization and curation efforts through Veritone’s Digital Media
Hub, producing a robust content archive with AI-enriched metadata,
making content highly searchable. With the addition of the
licensing agreement, Veritone customers can now leverage premium,
high-quality Middle Eastern content, expanding international
content offerings for projects including documentaries, feature
films and episodic series.
“We are thrilled to expand our relationship with Orchard Clips,
which further solidifies our commitment to delivering premium
content to our customers,” said Jay Bailey, Vice President of
Content Licensing and Operations at Veritone. “Through our
licensing agreement and the power of AI, Veritone can offer
compelling moments, which have historically not been easily
accessible in the Americas, to creatives to strengthen and tell
their stories.”
As the licensing representative for Orchard Clips content in
North and South America, Veritone will play a pivotal role in
maximizing the reach and impact of the diverse narratives captured
by Orchard Clips’ footage. Footage includes stories of war and
peace, politics and revolution, poverty and prosperity, as well as
traditional, premium-quality stock assets in any context to enrich
storytelling projects.
Orchard Clips operates as a clip-licensing business catering to
both English- and Arabic-speaking broadcasters and filmmakers. As
the go-to source for premium Middle Eastern content, Orchard Clips
boasts a captivating collection that spans the region’s history,
offering a comprehensive perspective on both its past, present and
future.
For more information about Veritone’s AI-powered licensing
solutions, please visit licensing.veritone.com and
https://www.veritone.com/applications/digital-media-hub/.
To visit the Orchard Clips collection, please visit
https://www.orchardclips.com.
About Veritone
Veritone (NASDAQ: VERI) designs human-centered AI solutions.
Serving customers in the talent acquisition, media, entertainment
and public sector 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.
Guided by its commitment to responsible AI use, Veritone blends
human expertise with AI technology to advance human potential and
help organizations achieve more than ever before.
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/20231130428424/en/
Valerie Christopherson or Lora Metzner Global Results Comms
(GRC) +1 949 608 0276 Veritone@globalresultspr.com
Sarah Rich Veritone srich@veritone.com
Luke Smedley Orchard Clips Luke.Smedley@OrchardClips.com
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