Business
Veritone Extends Partnership with Augusta National, Delivering Brand Exposure and Boosting Archival Revenue
Experts in rights management, licensing and monetization extend multi-year partnership as North American licensing agent for the Masters Tournament
About this update from Veritone, Inc.
[{"type":"text","content":"\nExperts in rights management, licensing and monetization extend multi-year partnership as North American licensing agent for the Masters Tournament\n\n DENVER--(BUSINESS WIRE)--\nVeritone, Inc. (NASDAQ: VERI), a leading global provider of digital asset management, licensing and metadata solutions, today announced a comprehensive multi-year partnership extension with Augusta National, Inc. (ANI), the business arm of Augusta National Golf Club, the home of the iconic Masters Tournament.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230328005339/en/Veritone extends partnership with Augusta National, delivering brand exposure and boosting archival revenue. Experts in rights management, licensing and monetization extend multi-year partnership as North American licensing agent for the iconic Masters Tournament. (Graphic: Business Wire)\nVeritone’s leading global licensing service utilizes its AI platform to enable marquee sporting and news rights holders worldwide to more efficiently and effectively archive and monetize their video rights and will continue to serve as the archive of record and as the exclusive North American licensing partner for all Augusta National non-live or archival footage across their portfolio of events, including the Masters Tournament and Augusta National Women’s Amateur.\n\nANI utilizes Veritone’s elite suite of best-in-class AI-based technology and licensing services, including Veritone Digital Media Hub (DMH), an asset management and monetization solution that helps content owners generate more revenue from their assets and provides metadata tagging and content management. This technology helps ensure footage from ANI’s global roster of events is captured, archived and enriched for future use and discovery. Veritone internally harnesses its DMH technology to enable media delivery, licensing and invoicing of ANI assets to third parties across the core verticals of sports networks, documentary producers, advertising agencies and film/TV studios.\n\n“It’s an honor and a privilege to extend our long-standing licensing partnership with Augusta National. We take tremendous pride in serving as the archive of record and a licensing partner not only for the Masters, but also the Augusta National Women’s Amateur,” said Ian Retzlaff, Senior Director o...