DENVER–(BUSINESS WIRE)–Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first working system for synthetic intelligence, aiWARE™, right now introduced that it has partnered with Genuine Manufacturers Group (ABG), a worldwide model proprietor, advertising and leisure firm, to function the official video know-how and licensing associate for Sports activities Illustrated.
Since 1954, Sports activities Illustrated has amassed an amazing quantity of video content material, together with interviews and inner documentary footage of well-known athletes, sports activities personalities, celebrities, political leaders and swimsuit fashions. By the partnership, Veritone will leverage its AI know-how and experience to monetize the Sports activities Illustrated video archive, which incorporates 1.6 petabytes of knowledge.
“Sports activities Illustrated is residence to many years of iconic sports activities and leisure footage. In our efforts to catalogue and curate our large media archive, we sought a associate with deep experience in each AI know-how and content material licensing,” stated Michael Sherman, vice chairman, Media at ABG, proprietor of the Sports activities Illustrated model. “Veritone additionally has a deep information of the sports activities media panorama making it the proper associate for Sports activities Illustrated as we attain into the archives and goal to broaden the model even additional internationally, with a strategic give attention to Europe.”
“We’re thrilled to associate with Sports activities Illustrated and ABG to find, handle and license practically seven many years of content material that has impressed thousands and thousands—all whereas bringing us collectively to create superb recollections,” stated Ryan Steelberg, president of Veritone. “Our deep experience in AI and licensing, mixed with our years of expertise within the sports activities media area, place Veritone as the proper associate to function Sports activities Illustrated’s official video know-how and licensing associate.”
Including Sports activities Illustrated’s premium video content material to Veritone’s proprietary licensing portal, Veritone Commerce, permits Veritone to monetize, and make accessible to customers of Veritone Commerce, Sports activities Illustrated’s spectacular video catalogue amongst Veritone’s different premier content material companions, together with the NCAA®, CBS Sports activities, the US Tennis Affiliation and lots of extra.
To automate, curate and activate its in depth video archive, Sports activities Illustrated will lean on Veritone Digital Media Hub, a cloud-native, AI-enabled administration portal particularly designed for content material house owners to right away entry, search, handle, share and monetize media belongings. Utilizing aiWARE, Veritone Digital Media Hub will decrypt Sports activities Illustrated’s content material and information, persevering with to be taught and enhance on new and outdated belongings, additional enriching the information with metadata for sooner and richer search outcomes.
As well as, Sports activities Illustrated editors could have entry to Veritone Digital Media Hub internally to extra simply search, browse and establish the precise footage they’re in search of, and leverage it on each SI.com and social media to supply much more compelling content material to Sports activities Illustrated customers.
For extra data on Veritone Digital Media Hub, please go to: https://www.veritone.com/applications/digital-media-hub/. To be taught extra about Veritone Licensing, please go to: https://licensing.veritone.com/.
Veritone (NASDAQ: VERI) is a number one supplier of synthetic intelligence (AI) know-how and options. The corporate’s proprietary working system, aiWARE™, powers a various set of AI purposes and clever course of automation options which can be remodeling each business and authorities organizations. aiWARE orchestrates an increasing ecosystem of machine studying fashions to rework audio, video and different information sources into actionable intelligence. The corporate’s AI developer instruments allow its prospects and companions to simply develop and deploy customized purposes that leverage the facility of AI to dramatically enhance operational effectivity and unlock untapped alternatives. Veritone is headquartered in Denver, Colorado, and has places of work in California and London. To be taught extra, go to Veritone.com.
Sports activities Illustrated is an unparalleled and influential chief acknowledged for its function in shaping fashionable tradition and uniting athletes, groups, and followers from everywhere in the world. Highly effective storytelling is delivered to life via world-class dwell and digital occasions, immersive experiences, and life-style merchandise.
Its award-winning media enterprise captures moments and turns them into historical past via wealthy and considerate journalism, iconic and beloved pictures, and throughout digital platforms starting from Emmy-winning video to an ever-expanding social neighborhood. The Sports activities Illustrated cowl is essentially the most coveted actual property in sports activities media and one of the crucial recognizable honors in American tradition. Model extensions embrace the Sports activities Illustrated Swimsuit and Sports activities Illustrated Youngsters franchises. Sports activities Illustrated shares its distinctive and genuine perspective year-round, via marquee occasions, activations, partnerships, star-studded celebrations, and VIP-access to athletes and A-list celebrities. Tentpoles embrace the annual Tremendous Bowl celebration: “The Get together,” Trendy Fifty, and the Sports activities Illustrated Awards.
Protected Harbor Assertion
This information launch incorporates forward-looking statements, together with with out limitation statements concerning Veritone’s Digital Media Hub and the anticipated advantages of Digital Media Hub and Veritone’s different AI options to Sports activities Illustrated. With out limiting the generality of the foregoing, phrases comparable to “could,” “will,” “anticipate,” “consider,” “anticipate,” “intend,” “may,” “estimate” or “proceed” or the detrimental or different variations thereof or comparable terminology are supposed to establish forward-looking statements. As well as, any statements that consult with expectations, projections or different characterizations of future occasions or circumstances are forward-looking statements. Assumptions regarding the foregoing contain judgments and dangers with respect to numerous issues that are troublesome or unimaginable to foretell precisely and lots of of that are past the management of Veritone. Sure of such judgments and dangers are mentioned in Veritone’s SEC filings. Though Veritone believes that the assumptions underlying the forward-looking statements are cheap, any of the assumptions may show inaccurate and, due to this fact, there will be no assurance that the outcomes contemplated in forward-looking statements will likely be realized. In gentle of the numerous uncertainties inherent within the forward-looking data included herein, the inclusion of such data shouldn’t be considered a illustration by Veritone or every other individual that their targets or plans will likely be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to replicate occasions or circumstances after the date hereof or to replicate the prevalence of unanticipated occasions.