The Venture – June 2018

(Wang) #1

LEADERSHIP


But AFP knew this was
the future and wanted to
grow the platform. Hartman
ended up with a three-year
exclusive partnership with
the newswire. Today, a 24/
team of English and French
staff work tirelessly to validate
materials, making sure images
are not photoshopped and
other material is not edited to
distort facts for Newzulu to
then distribute to the world.

The media is sold throughout
networks like Getty
Images and the UK Press
Association, although

these organisations are
only a few of the numerous
partnerships Newzulu
has all over the world.

“We’re a modern
Associated Press,” Hartman
summarised succinctly.

But this is only half of
Newzulu’s mission. The
company has since expanded
into the tech and platform
business, selling and licensing
the platform to publishers.
The Wall Street Journal,
FOX News, and USA Today’s
contribution technology is
built on Newzulu’s platform.

“We developed the platform
that is able to broadcast live

video. But we all know that
you can’t have profanity,
nudity, or copyrighted
materials on broadcast
telly, so the app can cut
out bad materials in real
time,” Hartman shared.

“Periscope has made a lot
of broadcasters realise if
they don’t do something
similar, social media will
be used instead of their
newscast. This is an enterprise
version of Periscope.”

Contributors get
compensated for materials,
and newcasters now have
access to up-to-the-second
content for their broadcasts.
It’s no surprise this win-win
platform is now rolling out
with major companies.

10 | VENTURE Leadership | June 2018

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