Veritone (VERI) announced the renewal of its longstanding exclusive global licensing agreement with CBS News (PARA). The multi-year contract renewal solidifies Veritone’s position as a premier provider of content licensing solutions for broadcast networks and expands the partnership to include exclusive local news content from CBS Owned Stations. CBS News and Stations will continue to utilize Veritone’s aiWARE enterprise AI platform, which enhances access to its extensive licensed content across numerous distribution channels, opening new monetization avenues. The advanced AI capabilities of aiWARE index the CBS library with accurate, time-correlated metadata to enable advanced and precise search and retrieval, helping researchers and creatives to quickly find specific scenes, quotes or highlights, and automate rights management and delivery.
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