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Veritone Extends Agreement with Audacy, Bringing In-Depth, AI-Powered Analytics to Dynamic Audio Content

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Veritone, Inc. (Nasdaq: VERI), the creator of the world’s first operating system for artificial intelligence, aiWARE™, today announced that it has extended its agreement with Audacy (NYSE: ETM), a scaled, multi-platform audio content and entertainment company with the country’s best radio broadcasting group, a leader in virtually every segment of audio, and America’s #1 creator of original, premium audio.

(Graphic: Business Wire)

(Graphic: Business Wire)

Formerly known as Entercom, Audacy was one of the earliest adopters of Veritone Discovery, the AI-powered content search and analysis application that enables Audacy to ingest, index, organize and analyze its unstructured media to provide in-depth analytics visibility into their content performance and meet the demands of their brands, advertisers and other stakeholders. With Veritone Discovery, Audacy is also able to rapidly visualize and correlate advertising efficacy for over 230 stations in 47 markets nationwide.

“Veritone’s AI solutions have deepened our analytic capabilities and what we’re able to offer our clients and partners,” said Bob Phillips, Chief Revenue Officer at Audacy. “We look forward to continuing our relationship with Veritone, as together we continue to unlock the power of audio.”

The agreement will also allow Audacy to leverage the recent updates to Veritone Discovery. These include new Earned Media

Veritone, Inc.

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About VERI

veritone has developed a proprietary platform that unlocks the power of ai-based cognitive computing so that unstructured audio and video data can be processed, transformed and analyzed in a seamless, automated manner to generate actionable intelligence. the cloud-based open platform integrates an ecosystem of a variety of best-of-breed cognitive engines, which can be orchestrated together, to reveal valuable multivariate insights from vast amounts of audio and video data. founded in 2014, veritone has been recognized by some of the industry’s most prestigious forums, including the red herring top 100 award, the edison awards, and the siia business technology codie award for best native advertising platform or service.