Veritone Expands In Latin America

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Brazil sports broadcaster FOX Sports Brasil, has selected an on-premise deployment version of the Veritone aiWARE platform to cognitively enrich and index both archived content and live streams. In Brazil the media and entertainment market is projected to reach $43.7 billion by 2021.

Veritone CEO Chad Steelberg said Veritone’s expansion into Latin America and the company’s new relationship with FOX Sports Brasil are part of a strategy to afford purpose-driven AI services across the world. “By having a presence in Latin America, we are positioned to deliver premium services, technology, and partner support that will help us deliver unmatched business value to customers in this market.”

The agreement with FOX Sports Brasil comes after Veritone’s recent new agreements with CBS Radio and, most recently, with iHeartMedia to provide the broadcasters with near real-time ad and content tracking, comprehensive analytics, faster content extension, and smarter media management for their broadcasts.

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