Veritone Inks Licensing Deal with Orchard Clips to Increase Accessibility of International Content
Portfolio Pulse from Benzinga Newsdesk
Veritone has signed a licensing agreement with Orchard Clips to enhance the accessibility of international content. This deal is expected to expand Veritone's content offerings and potentially increase its revenue streams by making international media more accessible to its clients.
November 30, 2023 | 12:02 pm
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Veritone's licensing deal with Orchard Clips could lead to an expanded content library and potentially increased revenues as it makes international content more accessible to clients.
The licensing agreement with Orchard Clips is directly related to Veritone's core business of media content and analytics. By increasing the accessibility of international content, Veritone can attract more clients and offer more comprehensive services, which could lead to increased usage and revenue. The deal is likely to be viewed positively by investors, potentially leading to a short-term uptick in VERI's stock price.
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