Veritone Extends, Expands Licensing Agreement With CBS

MT Newswires Live

2024-12-13

Veritone (VERI) said Thursday it signed a new multiyear licensing agreement with CBS News and Stations that also expands their partnership to include exclusive local news content from CBS-owned stations.

The contract covers the use of Veritone's aiWARE enterprise artificial intelligence-powered platform by Paramount Global-owned (PARA) CBS to enhance access to its licensed content across numerous distribution channels.

Financial terms of the deal weren't disclosed.

Shares of Veritone were down 2.4% in recent trading.

Price: 2.46, Change: -0.06, Percent Change: -2.38

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