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.

operating profit comment means the company is still running at a loss! .... however, given the amount that sp has already fallen away over recent months, there may be little reaction

glad i didn't follow your lead a little while ago cyners.,.

opportunity

falling knife

i think a little more bounce yet bb - but as a strategy long term blnx definitely isnt what it was - see that $1b techno deal with google and that imaging co that is used a lot on twitter - although not direct compo to blnx it will have an effect plus with new money injected i would expect expansion and serious further compo v blnx imo

Next stop 29p

glad i didn't buy too many :-) ...... what a horrid day though, with (almost) just AAPL being a shining light in the gloom

didnt bounce anymore glad got out on little profit - not a great day anywhere tbh today - well done aapl - wonder if segr will move further north tomorrow - looking like a t/o overdue there especially with the share buy at 50p ref today's rns - hmmmmmmm!

After the US drop today (biggest fall this year), this may take a further dive.

quite possible - with spain & others on the edge probably further US drop and elsewhere

Blackrock > 11%.

Looking way undervalued here.....never ever thought this would be 44p ever again......

Even after the drop this still has a P/E ratio of 65. This is still way too high. There seems to be nothing special about Blinkx and long term it looks like a dead loss.

Profit of ten million us dollars !!!.

PBT or NET?

Still loss making. Operating profit only.

Small market cap......cash in bank.....time for a rebound....

I wouldn't touch it with the proverbial barge pole.

Sell high...buy low....

Starting to rebound...