With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

on another beastly day for the E&P oilies, it's at least good to see BLNX ticking upwards again, and on good volume

You sound surprised Cynicplease?

please-D!

Cynicdont do SP predictionsbut if I didthey would probably be the best SP predictions in the World!1-20 end of next week!

smart-arse!

Any special reason?

Chesslets start with these>
We have hit 100p twice this latest momentum is greater chargedCheep must really be close1/2 weeks tops whispers of it being spun off?miniweb news...Eye-catching results expected from blinkx in November operating profit above $1mSuranga has left some ammo in the shooteralways doescould be $1.6m? Internet advertising in Britain during the first six months of the year increased 10% to almost 2 billion.Online boosted by social networking and video now accounts for 25% of advertising spendThe liquidity in currant markets make shorting a particularly risky business I believe those that have previously targeted blnx have taken the hintouch!I can think of a lot less risky playsso left to a few day traders nicking peanuts on the sell sideprice should fly with little resistance and best of allmy hunch is in overdrive

currant markets? ..... is this the new soft commodity future?

My favourite typo cynicgo on highlight Im a thicko?

nah - it's more fun as it is

Placing of new ordinary shares



TIDMBLNX

RNS Number : 4440U
Blinkx Plc
15 October 2010

blinkx plc proposed placing of up to 23,213,763 new ordinary shares

What is the price? I would presume large marketing campaign for CHEEP launch.

The Placing will be conducted in accordance with the terms and conditions set
out in the Appendix. The Placing will be effected by way of an accelerated
bookbuilding to be managed by Citigroup Global Markets U.K. Equity Limited. (the
"Manager") The book will open with immediate effect. The timing of the closing
of the book, pricing and allocations is at the absolute discretion of the
Manager. The price at which the Placing Shares are to be placed (the "Placing
Price") and the number of Placing Shares will be agreed by blinkx with the
Manager at the close of the accelerated bookbuilding period. Details of the
Placing Price and the number of Placing Shares will be announced as soon as
practicable after the close of the bookbuilding process.

The Placing is conditional upon, amongst other things, admission of the Placing
Shares to AIM becoming effective and the Placing Agreement between the Company
and the Manager not being terminated prior to Admission.

Does The Doctor want some more action?or was someone else promised? seems like a funny move when we dont need the cashI doubt there will be much discount?

The Placing is being conducted to further strengthen blinkx's balance sheet and to provide additional funding to support blinkx's growth strategy.

I think they do need the cash. Their financial position is pretty parlous imo, but hopefully another 15m or so will help them through.

Hilary I would say there is currently very few shares availableand a high demand for a chunk!SC was doing the City this week I would say they already know the score The price has still flown over the last few days!if the SP holds todaywhooooooosh
It would be no great surprise if Autonomy cleared up again..

I don't see why they would issue stock just to satisfy institutional demand, Tabster. That statement seems to be out of sync with your other previous comments about them being quite happy to stick two fingers up at the City.

Are you saying they don't need the money because I would beg to differ.

Read post 3061 tabbie.

Standard statement skinnywhat I am saying is I dont know why?the SP will tell the tale but Suranga never disappoints

... And Barry never loses.