Veritone Extends Agreement With Audacy

Veritone Inc., creator of the aiWARE operating system for artificial intelligence, has extended its agreement with Audacy (formerly known as Entercom), a scaled, multiplatform audio content and entertainment company and radio station group.

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, Audacy chief revenue officer. “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 monitoring features, expanded audience data analytics, updated reporting customization features with AI engines that will continue to learn and scale to drive Audacy’s next period of growth as an organization.

“Audacy is an innovative, leading media conglomerate that is truly on the cutting edge of the industry,” said Drew Hilles, Senior Vice President at Veritone. “We are currently processing over two million hours of Audacy content annually, and we are honored to extend our long-standing relationship with Audacy to help drive the next phase of their growth with our AI solutions.”