France-based crowd-sourced media company Newzulu Limited (ASX: NWZ) has entered into a video content licensing agreement with AP Video Hub, the online video delivery platform of The Associated Press, the company said.
Under the Agreement, Newzulu will license its broadcast-quality crowd-sourced news videos to AP´s extensive global network of clients, receiving a royalty which is then shared with the videographer.
This agreement represents a significant opportunity for Newzulu contributors, with more than half the world´s population viewing content from AP on any given day. Their online video download platform launched in 2012 and offers customers fast, efficient service and a user-friendly interface, with over 100 videos updated daily.
In 2014 it launched its Content Partner Offer, allowing third-party suppliers to sell content on the platform, gaining instant access to AP´s wide network of customers. The platform now also offers live-streaming of news and planned events to both digital publishers and broadcasters.
The Associated Press is a global news network, delivering news from every corner of the world.
Newzulu is a crowd-sourced media company allowing anybody anywhere with a mobile device and a story to share news, get published, and get paid. Headquartered in Paris, Newzulu operates bureaus in London, New York, Los Angeles, Toronto and Sydney.