Capture, edit and share content in real-time
through Grabyo and publish directly to Veritone’s AI-powered
Digital Media Hub for onward management and monetization
Veritone, Inc. (NASDAQ: VERI), a leader in designing
human-centered AI solutions, and Grabyo, a leading cloud video
platform for live broadcasting, live clipping and distribution,
today announced an integration that creates a connected workflow to
streamline live digital content production and leverage AI-driven
content management and monetization tools to meet the evolving
needs of sports organizations in today's fast-paced digital
landscape.
Through the partnership, Veritone’s award-winning AI-powered
media asset management and monetization tool, Digital Media Hub,
integrates with Grabyo’s live clipping and editing tools, with
automated highlights and live stream logging, to enable customers
to accelerate bringing sports content to market. This integration
significantly reduces the time it takes to publish assets and
provides secure access to global sports rights holders and
partners.
“The landscape of sports media is becoming increasingly complex
with the fragmentation of content sources such as live feeds, video
on demand and archives from previous events. This presents
challenges for sports organizations aiming to maximize the value of
their media assets,” said Sean King, General Manager for Veritone
Media and Entertainment. “By embracing solutions like Grabyo’s live
clipping and editing tools and Veritone’s Digital Media Hub, sports
federations, rights holders and other organizations can enhance
efficiency, improve audience engagement and unlock new revenue
streams in an increasingly competitive media landscape.”
The end-to-end, cloud-native connected workflow between Veritone
and Grabyo is built for remote content capture, editing,
distribution, storage, management and monetization in a highly
collaborative environment that enables teams to work together
irrespective of their physical location.
“The convergence of AI and cloud technology is driving new
opportunities for sports organizations to maximize the value of
their content while meeting the evolving demands of audiences,”
said Gareth Capon, CEO of Grabyo. “Our approach to AI has always
been human-centered – introducing automation to workflows that
empower creativity and scale output. Our partnership with Veritone
does that – we’re accelerating digital content production with
automation while maintaining editorial control for sports
organizations, and providing a solution to efficiently manage and
monetize assets through Veritone’s innovative AI media asset
management platform.”
Veritone’s Digital Media Hub is a cloud-native, white-label,
AI-powered asset management and monetization solution that enables
content owners to quickly access, search, manage, share, and
monetize their valuable content including videos, still images,
audio, and other ancillary files. Leveraged by a wide range of
users – including sports organizations, TV networks and studios,
production companies, film and studio archives and others –
Veritone Digital Media Hub gives them the ability to seamlessly
manage their archives, secure necessary licensing and generate more
revenue.
Veritone and Grabyo will showcase their integration during the
2024 NAB Show in Las Vegas from April 13 to 17, at Veritone’s booth
#W1642 and Grabyo’s booth #W1149 in the Las Vegas Convention Center
West Hall.
To learn more about Veritone’s Digital Media Hub, visit
https://www.veritone.com/applications/digital-media-hub. To learn
more about Grabyo Studio and Editor, visit
https://about.grabyo.com/grabyo-studio-editor.
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. 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 Grabyo
Grabyo is cloud-native, fully managed video production and
distribution platform. A modern, powerful SaaS solution with all
the tools needed for live broadcasting, events and video
monetization. The service can scale from single operator digital
streams to multi-camera productions with a larger remote team,
combined with integrated live clipping, editing, publishing and
monetization tools.
Accessed through just a web browser, Grabyo is used by major
publishers and rights holders such as Univision, Amazon Prime,
Globo, UFC, FOX Sports, CNN Brasil, WWE, Live Mode, The Television
Academy, Univision, Mediacorp, The English Premier League and AELTC
Wimbledon.
Grabyo has strategic partnerships across OTT, social media and
broadcast including YouTube, TikTok, X, Facebook, YouTube,
Instagram, Twitch and Snap. Grabyo partners created over 2 million
clips and 19,000 live broadcasts in 2023.
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 characterisations 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240404237588/en/
Veritone Valerie Christopherson or Lora Metzner Global
Results Comms (GRC) +1 949 608 0276
Veritone@globalresultspr.com
Sarah Rich Veritone srich@veritone.com
Grabyo Scott Lunn, Head of Content scott@grabyo.com
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