Today, Verbit is increasing its footprint in the media and entertainment sector by acquiring U.S. Captioning Company. This addition to Verbit’s portfolio will strengthen its position as a global leader in AI-powered solutions built for each industry’s unique needs. U.S. Captioning is a renowned US-based provider of closed captioning services for national TV stations, networks, producers and programmers. As the…
Helpful speech-focused lingo and terminology to know If the terms AI, ASR and NLP have you frazzled, you’re not alone. More speech-related acronyms and technologies seem to be popping up regularly, and they’re making their way into the daily vernacular.Here’s a helpful cheat sheet of terms for you to reference. Utilize this list to gain a better understanding of common…
Business leaders who are looking to improve their company’s communication efforts, encompassing its brand awareness and marketing strategies, are greatly benefiting from using transcription tools to keep word-for-word records of meetings and assist with note taking. Phonetic transcription takes it one step further, as it notes the way words are pronounced through symbols. This extra detail can help businesses better…
Video content is essential in today’s digital world. 52% of consumers want to see more video from the businesses they support, but connecting with individuals who speak different languages isn’t without its challenges. Multilingual transcription services, also known as subtitling, can help businesses professionals translate their videos for audiences and employees who speak different languages. If your goal is to…
If your business is producing a podcast or planning to start one, you’re on the right track. According to recent projections, there will be more than 144 million podcast listeners in the US alone by 2025. Not only are more people listening to podcasts, but they are spending more time listening to them as well. Promoting your business through podcasts…
Verbit was ranked No. 1 in Power in Diversity Israel’s 2021 Women in Startups Report for the best representation of women in large companies of 500 employees and more. The report was based on 424 startups and 70 venture capital firms surveyed.Power in Diversity Israel, which commissioned the report, uncovered gender diversity numbers and insights, reasons why diversity, equity and…
Business leaders and marketers are seeing great benefit in boosting their brand identities and connecting with consumers on Instagram. With 1 billion active monthly users worldwide, this visually-focused platform offers them the ability to attract audiences by sharing engaging content like images and videos. Marketers using Instagram are now focusing more on video since videos receive twice as much engagement…
Marvel is making headlines with its recent castings of two actors who are Deaf. Marvel’s efforts to increase on-screen diversity and portray disabilities authentically have captured the attention of both fans and critics alike. In Hollywood, only 22% of characters with disabilities are currently portrayed by actors with the same disability. While Marvel and other production companies have made great…
Today, Verbit announced it has acquired education and government industry veteran Automatic Sync Technologies. Automatic Sync Technologies is renowned for its transcription solution and expertise and was initially developed by a team of experts with a grant from the US Department of Education. The acquisition furthers Verbit’s leading market position in the US transcription and captioning space, as well as…
Last year, companies shifted to virtual events out of necessity and under extreme circumstances. As the world emerges from the restrictive environment that the pandemic created, savvy business leaders are using what they learned to build hybrid events to fuel networking opportunities and meet their KPIs. Research states that 96% of marketers see hybrid events as the future. Verbit gathered…
Today, Verbit announced it has closed its Series E funding round at $250 million, bringing the company’s valuation to $2 billion just five years after it was founded. This new round will further enhance Verbit’s market leadership in the transcription industry, as well as the value that the voice AI platform brings to customers who rely on Verbit’s technology and…
With the push for greater web accessibility online, companies like WhatsApp, the most widely used mobile messenger application worldwide, are implementing new features. WhatsApp plans to release an AI transcription tool for its 2 billion monthly active users to access. The feature will allow users to receive auto-generated transcripts for all voice messages sent. WhatsApp’s transcription option aims to provide more…
Verbit is thrilled to earn a place on TechRadar’s list of “Best Speech-to-Text Services. TechRadar is a respected source for up-to-date technology reviews for businesses. The list features service providers that offer live transcription and captioning solutions for the corporate world and educational institutions. Verbit’s high ranking comes just months after it announced that it achieved the highly coveted unicorn…
It’s International Week of Deaf People (IWDP)! With approximately 600,000 deaf people in the United States and 5% of the world’s population needing some form of hearing rehabilitation, it’s more important than ever to participate in the celebration that empowers and honors Deaf individuals. The IWDP initiative, held this year from September 20 – 26th, is dedicated to honoring the…
While most business owners want to make their websites and brands more inclusive, many cite lack of budgets and resources as the key factors holding them back. However, with up to 59.6% of the disability community living in a household with Internet and the greater population spending more time online, website accessibility has ultimately become a need for businesses. Not…
55% of people watch video content every day, and 78% of people watch videos online every week. As audiences and consumers spend more time glued to their screens, businesses and organizations are investing more than ever in their video content. Video content creators at brands and businesses are looking to improve the outcomes and engagement of their videos. With this…
The stick: ADA lawsuits are on the rise. Many universities and businesses are now taking more proactive approaches to ensure they’re covering themselves and meeting necessary guidelines. The carrot: Universities and businesses that follow ADA requirements are also able to build stronger connections with their students and customers, respectively. Creating a more accessible environment is shown to help with brand…
Sources like The New York Times, among others, report that remote work is here to stay. Over the past 18 months, business leaders have found that virtual employment saves money, increases talent pools, causes less pollution and, in many cases, improves productivity. Given the compelling benefits of remote work and a continued need to social distance, it is more important…
Slator estimates that the video localization market will be valued around $4.97 billion by the end of 2021. Video localization technologies such as captioning and transcription are being used more than ever before, contributing to this growing video localization market across the globe. To educate business leaders seeking insights on video localization services and technologies Verbit Founder and CEO Tom…
While the US continues to make significant progress in terms of gender equity, it likely comes as no surprise that it’s still falling short. In 2020, it ranked No. 53 in the World Economic Forum’s list of 154 countries based on gender equality, and this year it moved up the ranks to No. 30. However, the majority of improvements made…
Social media usage is expected to grow to over 4.41 billion by 2024, nearly doubling the amount of users online since 2017. The growing number of social media users, as well as their quick attention spans is a topic of concern for business leaders looking to make an impact. Social media platforms are now being used more than ever as…
Business leaders are investing more in live streaming to engage effectively with online audiences. This medium is being used more than ever before, and the live streaming industry is likely to be valued at over $70 million by the end of 2021. Offering live streams of courses, podcasts and events are important for business professionals interested in growing a strong…
Most people become frustrated after waiting at a traffic light for just 25 seconds. Research strongly indicates that modern humans expect unrealistically rapid results. The Internet, two-day shipping, streaming services and the ability to download entertainment on-demand are contributing to an incredibly impatient population. However, there are times when people are right to expect fast turnaround times. For millions of…
The Olympics are considered a symbol of progress and prosperity for many people. As the 2020 Tokyo Olympics, a title which is still used as the games were postponed during last year’s pandemic, take place, business leaders are becoming increasingly interested in the experiences and stories of the athletes involved, particularly in relation to the Paralympics and how to make…
The Olympics’ spirit of inclusivity is extending to viewers with an unprecedented level of accessibility being offered to this year’s audience. NBC has increased its commitment to providing greater captioning, audio description and digital accommodations for its Olympics coverage, particularly that of content being live-streamed. Improved accessibility services will also be offered for the Paralympic Games, ensuring that the event…
Government agencies aren’t using Zoom Commercial, but rather Zoom for Government for their meetings, events and town halls. The platform was granted authority to operate by the Department of Homeland Security and the FedRAMP PMO. However, while guaranteed privacy and compliance with a platform that meets the requirements of FedRAMP Moderate baseline and DOD Impact Level 2 is crucial, it…
With more of the population vaccinated, many companies are now hosting hybrid-style events. However, many others have no idea what a hybrid event means or entails or how to execute one effectively for attendees. A hybrid event refers to any conference, seminar, or workshop with both a “live” in-person event component and a “virtual” online component. Hybrid events appear to…
Transcription and captioning are critical tools which must be provided to aid a variety of individuals. Without them, many such as those who are Deaf or hard-of-hearing can struggle to participate with equity. Transcription and captioning enable them to follow along with any audio and video they wish to consume in their free time or need to consume as a…
July marks Disability Pride Month! With at least 25% of American adults living with a disability, it’s never been more important to learn from one another and embrace each other’s differences in both personal and professional settings. Approximately 61 million individuals live with a disability that impacts major life activities, according to a CDC report. Verbit is fully committed to…
In 2010, legislators responded to the need to improve TV and phone accessibility for Americans with disabilities by adopting the Twenty-First Century Communications and Video Accessibility Act (CVAA). Technological innovation continues to forge ahead more rapidly than the legislation meant to govern it. The Federal Communications Commission (FCC), which has the authority to set rules under the CVAA, recently accepted…
Facebook is the third most visited website. Optimizing advertising on the popular social media platform can yield strong results. In fact, 62% of people are more interested in a product after watching a video about it on Facebook. Also, social media content with native video gets 48% more views and an uptick in shares. It’s no wonder that marketers are…
It’s June, which means professionals, consumers and students alike are likely “seeing rainbow.” With countless universities and businesses adding a rainbow background to their social media accounts, it’s quite hard to miss. However, it’s also quite simple to ask designers to renovate brand logos. And while the rainbow imagery effectively raises awareness for the milestone that is Pride Month and…
On the heels of its recent acquisition of VITAC, the Verbit team has exciting news to announce. Verbit has secured $157 million in Series D funding, positioning the company as a unicorn with a valuation of over $1 billion. This marks an incredible achievement just four years after Verbit’s inception. The round was led by Sapphire Ventures, alongside new investors…
The transcription market in the US alone was valued at $19.8 billion USD in 2019 and is anticipated to expand by 6.1% from 2020 to 2027. Organizations across the globe generate large volumes of data every day that can be effectively used to obtain valuable insights. Today’s businesses and organizations are using transcription for webinars, research projects, classes, legal proceedings,…
Video creation should be a key component for any modern business’s communication and marketing plan. Not only are videos one of the most effective marketing tools to boost engagement with your audience, but they are also effective in getting messages across to your employees. That said, simply creating video is not enough. In order to engage with audiences, employees and…
Accessibility isn’t just what we do, it’s what individuals at Verbit believe in. Verbit hires individuals who recognize that accessibility is a necessity. Some of our team members have personal experiences with disabilities, while others are working hand-in-hand with university and business leaders to make their offerings more accessible. On a daily basis, we see the importance and the results…
In an effort to drive forward its mission to make all video and audio content accessible to everyone through its high-quality captioning and transcription capabilities, Verbit’s leadership team has exciting news to share. Today, Verbit announced the acquisition of VITAC, the largest provider of captioning products and solutions in North America. The acquisition will position Verbit as the No. 1…
Verbit’s team has been investing in greater resources to build out our media vertical offerings as we continue to onboard and work with media producers from The Dr. Oz Show, The Howard Stern Show, The Mel Robbins Show and many more. We’re therefore excited to be participating in the NAB Show Premiere, a virtual event produced by the NAB Show…
The demand for translation services continues to rise. In the past decade, the industry has doubled in size and is now worth over $56 billion dollars in 2021. There are numerous reasons why, including the globalization of business. Content is being consumed online by international audiences and brands need to provide customer service to global consumers. As a result, video…
The UK government has announced a Culture Recovery Fund to help support the reopening and recovery of more than 90 independent cinemas across England. £30m has been set aside for England’s independent cinemas. 92 venues will receive a share of more than £6.5m from the British Film Institute, or BFI, which is distributing funds as part of this support package…
Verbit’s leadership are excited to announce the release of our full support for Real-Time Messaging Protocol, or RTMP. RTMP can benefit broadcast companies who are streaming events in real-time, as it supports what’s known as low-latency streaming. It is also well known for minimal buffering, which enhances the user experience. “This is a game-changer and an offering of great importance for…
In response to media industry changes and COVID-related needs, more technology is being involved in the media production process to help with remote work. Today’s media production companies and professionals are facing delayed shoots and budget constraints, greater expectations for more on-demand content, FCC compliance requirements and audience desires for personalized content. There’s also a greater need to reach more…
This week, Drew Walsh, Enterprise & Media Account Executive at Verbit, will speak at the Remote Production Conference, produced by Future Media Conferences and in association with NAB Show. The event, happening on March 5-6th, is focused on providing best practices for producers, DPs and post professionals. Walsh’s session, On Air or Off: How AI is Reinventing Media Production Processes…
The COVID-19 pandemic has slowed down the production of many live action TV series, feature films, documentaries and commercials, however one area that is still thriving is animation. Prior to the COVID-19 crisis, animation production was already on the upswing due to the increasing demand for content from streaming platforms and the popularity of both adult-oriented and all-ages shows. According…
Media brands and media producers are tasked with creating and delivering content that informs, entertains and inspires audiences. To do so, media and brand content creators are investing significant resources into the creation of video and audio. However, media and brands are likely missing out on their audience reach. If media professionals aren’t making every effort possible to test out…
On the heels of President Biden’s decision to reverse the former administration’s ban on transgender troops in the military, The White House is further committing to inclusivity and diversity initiatives by providing a sign language interpreter at every press briefing. White House press secretary Jen Psaki announced this week that an American Sign Language interpreter will be present at all press…
The annual Prime Time Online media conference kicks off this week. Verbit’s media team will be participating in the virtual mixing and mingling and sponsoring the keynote presentation on February 2nd. The event engages the Canadian and US media production markets for a multi-day event of keynote sessions, buyers briefings and networking events. Verbit will be showcasing its media offering…
Verbit releases new Audio Description solution to help blind and low vision learners and viewers Vision disability is one of the top 10 disabilities among adults 18 years and older. It’s one of the most prevalent disabling conditions among children. CDC statistics showcase the severity of vision loss, which may be expected to occur as one ages, but often affect…
Is there a right way and a wrong way to conduct a media interview? You bet, but now that content is an integral part of nearly every business, media interviews are being conducted by more than just media entities. Standard media outlets continue to rely on interviews to produce broadcasts, articles and videos for news audiences, but now leaders in…
Verbit announces launch of its new Translation service as an add-on to captioning 89% of YouTube users come from outside of the US. Coupled with the fact that only 20% of the global population speaks English, it’s easy to see why content translation is important. 80% of the global population requires translated text subtitles (from English). For savvy business and…
Media and Entertainment (M&E) entered a new era in light of COVID-19. Demand for content, while many are stuck indoors, has increased, but the competition has never been higher. At the beginning of this new year, it’s clear that original content is the greatest factor driving consumer entertainment adoption. M&E leaders need to find creative ways to attract a wider…
It started with the 2015 Oscars when #OscarsSoWhite began trending. Fearless actors stepped onto the red carpet and one of the largest stages available. They proceeded to call out Hollywood for its lack of diversity. The silver screen’s inability to showcase different races and body types that are truly representative of the real world has since become the primary subject…
The use of Artificial Intelligence, commonly referred to as AI, is growing at an unprecedented pace. The AI market is projected to grow to $312.4B USD by 2027, according to ReportLinker. It’s critical for businesses to keep up-to-date on the latest trends to determine where they can incorporate this technology to not only increase efficiency, but keep up with the…
As the standard NAB Show goes virtual this year, Verbit leaders are excited to announce we’ll be participating and speaking during a session at its Post|Production World Online, (P|PW Online) conference on October 26th. The event is a leading training conference for production and post-production professionals, content creators, designers, TV, film & video editors, producers, directors, motion graphics & online…
The public’s expectations of the media industry have shifted greatly with the influx of technology. This growth in technology has provided more access to both live and on-demand coverage. Audiences are now consuming media and news, not just on their TV, but on all devices and platforms. They’re also consuming media in a variety of formats. As a result, the…
The media industry is surely made up of movers and shakers who are used to a fast-paced environment and a continuously evolving landscape. This week presents new rulings relevant to all media industry professionals, particularly those concerned with meeting FCC guidelines and those working on UK-based shoots. UK Media Production Fund Approved In the UK, a new fund was approved…
Data security should be a top priority for every business and professional. Ensuring that sensitive data, including personal data, stays secure is critical. Transcriptions are one area of focus currently in the realm of cybersecurity. From notes taken during internal client meetings, to transcriptions of global town halls where company performance statistics are shared to admissible transcriptions of legal proceedings,…
Closed captions were once considered only as an aid for individuals with disabilities. The ability to turn on the CC feature helped these select individuals consume media content effectively. Now, closed captions are both expected and used by a wide range of audiences. Broadcast Captioning not only ensure that emergency alerts are effectively delivered to individuals who are deaf or…
The use of video has exploded in recent years. Video has proven to be an effective tool to engage, educate and entertain an array of audiences. It’s therefore being implemented into more university courses, eLearning, companies’ marketing campaigns, employee training and media coverage. When producing video, leaders at universities, companies and media institutions can select from a range of solutions…
Serving as an effective stenographer or professional transcriptionist requires both skill and speed. In addition to personal preferences for how to tackle projects efficiently, there are transcription guidelines and transcription rules to be aware of when producing materials. For example, there are many transcription nuances to consider. Is there a correct way to handle transcribing numbers? Do you know how…
April 2018 – Verbit secures a $11million seed funding, led by HV Holtzbrinck Ventures, Vertex Ventures and Oryzn Capital. Verbit was founded only a year ago by entrepreneurs Tom Livne (CEO), Eric Shellef (CTO) and Kobi Ben-Tzvi (VP of Engineering). The startups operates in the professional transcription market, which is a multi billion dollar market for its various connections to clients at different…