Veritone Partners With Newsmax to Digitize, Monetize 20-Year Content Archive

DENVER — Veritone Inc. (NASDAQ: VERI), a technology company with a current market capitalization of $127.57 million, has formed a partnership with Newsmax (NYSE: NMAX) to implement its Digital Media Hub technology for modernizing the news network’s production workflows and content management, according to a press release issued Thursday.

The collaboration will allow Newsmax to make its 20-year content archive searchable and accessible through Veritone’s aiWARE platform.

The technology aims to help the news network better utilize its existing content library amid increasing demand for media assets. 

"This partnership marks a pivotal chapter for Newsmax’s operational and commercial strategy," said Sean King, Chief Revenue Officer and General Manager of Veritone Commercial, in the statement.

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