NEW YORK, Dec. 18, 2015 /PRNewswire/ -- Newzulu Limited (ASX: NWZ) is pleased to announce that it has entered into a video content licensing agreement with AP Video Hub, the online video delivery platform of The Associated Press ("AP"). 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.
Newzulu Executive Chairman Alexander Hartman commented on the agreement: "We are pleased to announce that Newzulu is working with AP to license our high quality user-generated video content around the world via its AP Video hub platform. The agreement reflects Newzulu's capability to gather, validate and distribute crowd-sourced video, which is becoming ever-prominent in today's news industry."
AP director of international development and partnerships, Paul Shanley, said: "Our goal is to create the world's greatest up-to-the-minute professional video news platform and, to do that we need to ensure that we have the widest selection of video available. That includes user generated content, demand for which is continuing to increase. Newzulu is an ideal partner for this, and will allow us to provide our customers with even more of the types of content they require to engage their own audiences."
About The Associated Press
The Associated Press is the essential global news network, delivering fast, unbiased news from every corner of the world. On the net - https://www.apvideohub.com and http://www.ap.org.
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. Further information can be found on www.newzululimited.com.
SOURCE Newzulu Limited