iHeartMedia to Utilize Veritone’s Synthetic Voice Technology to Translate and Produce Podcasts for New Markets

DENVER AND NEW YORK- (BUSINESS WIRE) – Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, the hyper-expansive corporate platform AI, and iHeartMedia (NASDAQ: IHRT), the world’s number one podcast publisher according to Podtrac, today announced plans to use Veritone’s iHeartMedia, a synthetic, voice-enabled solution. , broadcasters, podcasters and other talents in many fields can safely create and monetize proven synthetic voices that can be transformed into a variety of languages, dialects, accents and more. iHeartMedia will use the AI ​​Veritone platform to make more shows on the iHeart Podcast available in multiple languages, which will help expand the podcast market. The first option is to translate iHeart podcasts for Spanish audiences.

“We’ve worked with the iHeartMedia team for over four years in various aspects of their business, and we’re excited to work together to expand their podcast audience and open up new revenue streams for the broadcast industry leader,” said Ryan Steeleberg, President of Veriton. “IHeartMedia has always been a pioneer of innovation, and now, thanks to the power of Veritone’s synthetic voice solution, iHeartMedia will not only be able to enter new markets with localized language translations, but also retain the brand voice value of their best talents, which is fundamental. in podcasting. We are also working together to develop synthetic voices for advertising and engaging content, while reducing time to market and the cost of radio, podcasting and meta-global production. ”

In addition to a self-service application for voice projects that use standard voices, Veritone Synthetic Voice Solution offers a custom synthetic voice cloning that uses a professional approach and works with clients to obtain the necessary training data to create hyperrealistic voice clones. The solution can also provide the permissions needed to create a cloned voice, as well as the permissions needed to properly use the voice. In addition, this new technology will increase revenue streams from branded synthetic voice.

“With the hyper-growth of our podcast network over the last decade, we’re always looking for what’s new and next in the environment too – and Veritone’s synthetic voice solution is a great example of that,” said Conal Byrne, CEO of iHeartMedia Digital Audio Group. “Being able to easily offer our podcasts in other languages ​​in a unique style of talent will be an amazing and innovative way to increase market share in the global market.”

Veritone’s synthetic voice solution gives iHeartMedia the ability to reach a new audience on a large scale with their current talent of top podcasts. With no extra studio time, voice talent can allow Veritone’s synthetic voice solution to automatically create more podcasts, commercials and additional audio in multiple languages ​​with the same energy, rhythm and uniqueness of the best talent.

To learn more about Veritone’s synthetic voice solution, visit https://www.veritone.com/solutions/voice-cloning/ and sign up for a free trial to learn standard voices.

About iHeartMedia

iHeartMedia, Inc. (Nasdaq: IHRT) is America’s leading audio company, covering more than 90% of Americans each month. The assets of iHeart Broadcasting itself have greater coverage in the U.S. than any other media outlet; twice the coverage of the next largest broadcaster; and more than four times more than the largest digital audio service with advertising support. iHeart is the largest podcast publisher under Podtrac, with more downloads than the next four podcast publishers combined, and ranks social number one among audio players, seven times more subscribers than the next brand of audio media, and the only fully integrated audio promotional technology solution for broadcast, streaming and podcasts. The company continues to use its strong audience connections and unprecedented consumer reach to create new platforms, products and services. Visit iHeartMedia.com for more information about the company.

About Veritone

Veritone (NASDAQ: VERI) is a leader in enterprise software and artificial intelligence (AI) solutions. By serving organizations in both the commercial and regulated sectors, Veritone’s software, services and industry applications accelerate and maximize digital migration, enabling the world’s largest and best-known brands to work more efficiently, accelerate decision-making and increase profitability. The AI ​​Enterprise hyper-tailoring platform, aiWARE ™, is organizing an ever-growing ecosystem of machine learning models to turn audio, video and other data sources into effective intelligence. Thanks to its professional and managed services, as well as its reliable partner ecosystem, Veritone develops and builds AI solutions that solve today’s and tomorrow’s problems.

To learn more, visit Veritone.com.

Safe Harbor Statement

This news release contains statements about the future. Without limiting the generality of the above, words such as “possible”, “will”, “expect”, “believe”, “anticipate”, “intend”, “may”, “evaluate” or “continue” or negative or other variations thereof or comparable terminology is intended to identify forward-looking statements. In addition, any statements that refer to expectations, forecasts, or other characteristics of future events or circumstances are forward-looking statements. The assumptions associated with the above include opinions and risks regarding various issues that are difficult or impossible to accurately predict and many of which are beyond Veritone’s control. Some of these considerations and risks are discussed in the Veritone SEC materials. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions may be inaccurate, and therefore there can be no assurance that the results provided in forward-looking statements will be implemented. In light of the significant uncertainty inherent in the forward-looking information included here, the inclusion of such information should not be construed as representing Veritone or any other person as to what their goals or plans will be achieved. Veritone undertakes no obligation to review the forward-looking statements contained in this document to reflect events or circumstances after that date or to reflect the occurrence of unforeseen events.

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