Veritone Licensing Expands Global News Library with Exclusive Agreement with the South China Morning Post
Fri 16, 10 2020
COSTA MESA, Calif.–(BUSINESS WIRE)–Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, and provider of digital content licensing services on behalf of the world’s premier sports entities, news organizations and user-generated networks, today announced a new agreement with South China Morning Post, a leading global news company that has reported on China and Asia for more than a century.
The agreement gives Veritone the exclusive rights to license SCMP’s archive and current video content to its clients in North America. The deal is a significant milestone in Veritone’s strategy to further expand the global reach of its already vast, AI-powered content library and enable content creators to engage with new and existing audiences through highly relevant content.
“We are thrilled to announce our new agreement with the South China Morning Post, as it has a long and decorated history as a leading news company in China and Asia,” said Jay Bailey, vice president of entertainment licensing at Veritone. “At Veritone, we are proud to add this unique Asian voice from an important source on the world’s stage to our expanding news library as we continue our mission to provide creatives with greater options to tell their stories.”
The Post is Hong Kong’s paper of record and has been a unique link between China and the rest of the world since the newspaper’s founding in 1903. It has a growing correspondent staff across Asia and the United States. The agreement covers a comprehensive collection of SCMP’s content that includes over 50,000 hours of exclusive video footage and infographics, as well as more than 1.2 million photographs. It covers events such as the recent COVID-19 global outbreak and last year’s Hong Kong Protests, as well as past archived moments such as the Hong Kong Handover, Tiananmen Square Protests, the Sino-British Joint Declaration, President Nixon’s first visit to China and the end of Qing Dynasty, to name a few.
“We’re delighted with our partnership with Veritone to showcase a great deal of compelling historical moments from our robust and comprehensive content library to audiences and creators in North America,” said Alex Ho, SCMP’s Vice President, Circulation, Recruitment and Services. “Our agreement with Veritone extends our global reach and we look forward to a fruitful long-term collaboration.”
South China Morning Post’s content library can be found on Veritone Commerce, an AI-enabled licensing portal that allows users to easily search for clips across Veritone’s media partners, including CBS News, Bloomberg, CNN, The New York Times and many more. Veritone’s experienced research and advisory team works with leading agencies, creatives and filmmakers to curate and license exclusive content for major advertising and editorial productions.
To learn more about Veritone’s content licensing library and AI-enabled tools and services, please visit https://www.licensing.veritone.com.
Veritone (Nasdaq: VERI) is a leading provider of artificial intelligence (AI) technology and solutions. The company’s proprietary operating system, aiWARE™ powers a diverse set of AI applications and intelligent process automation solutions that are transforming both commercial and government organizations. aiWARE orchestrates an expanding ecosystem of machine learning models to transform audio, video, and other data sources into actionable intelligence. The company’s AI developer tools enable its customers and partners to easily develop and deploy custom applications that leverage the power of AI to dramatically improve operational efficiency and unlock untapped opportunities. Veritone is headquartered in Costa Mesa, California, and has offices in Denver, London, New York and San Diego. To learn more, visit Veritone.com.
About South China Morning Post
The South China Morning Post is a leading global news company that has reported on China and Asia for more than a century. Founded in 1903, SCMP is headquartered in Hong Kong, where it is the city’s newspaper of record, with a growing correspondent staff across Asia and the United States. SCMP’s vision is to “Elevate Thought” and our mission is to “Lead the global conversation about China”. Additionally, SCMP publishes a portfolio of premium lifestyle and fashion titles in Hong Kong including Cosmopolitan, ELLE, Esquire and Harper’s BAZAAR. SCMP is also home to Goldthread, a content platform with a focus on food, travel and culture in China. In 2020, SCMP became the first news organisation in Asia to join the Trust Project, a consortium of top news companies developing global transparency standards for credible journalism.
Based on your recent activity and preferences we recommend the following pieces of content
In its newly released report, Veritone's Uplift Study found COVID-19 showed no negative impact thus far on advertising performance, as average campaign lift saw an ave...
IABM22 days ago
In this presentation, Angel Chin, Senior Director of Products & Solutions Engineering of BaishanCloud, will discuss the streaming industry trends in China & Southeast ...
IABM32 days ago
Case Study - How the SF Giants further fan engagement by using AIThis Case Study presented by IABM CTO Stan Moote looks at how the SF Giants further fan engagement by ...
IABM42 days ago
In this speaking session, we detail why there is so much untapped potential for AI within the TV industry, and how executives can better harness the power of AI. He wo...
IABM46 days ago
In this IABM TV interview, Wei An (Partner and General Manager, BaishanCloud North America Corporation) explains how COVID-19 has impacted the streaming market and how...
IABM104 days ago
Erik Ahlin, Co-founder, Vidispine Holger Noske, VP Broadcast Solutions, Arvato Systems Why did you rebrand under the Vidispine name rather than Arvato Systems? Holger:...
IABM109 days ago
Having spent the majority of her career in the UK, she left 18 months ago to join one of the biggest growing streaming services in the world. In this video with Rise, ...
Donna Mulvey Jones, Head of Post Production (Non Fiction), Netflix159 days ago
The APAC regional council discusses the current situation with in the territory. Including representatives from Australia, China and Singapore. Reflecting how their bu...
IABM180 days ago