Still Waiting
- 25 Jul 2008 23:22
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.
Toya
- 10 Apr 2013 09:04
- 4385 of 6187
I know tabby - these stories surface every so often, and it matters not to me since I am sticking with these in any case - have done for years!
tabasco
- 10 Apr 2013 09:04
- 4386 of 6187
Cynic…I can imagine a whole host of big boys wanting BLNX… the clue is… BLNX internet media platform powered by CORE is unique and the world's most advanced video engine…we are also playing in the hottest sector…and we are the best!!!...i trust that is enough of a clue?
cynic
- 10 Apr 2013 09:42
- 4387 of 6187
that has been the so-called story for the last 2/3/4 years, but no one has even been to sniff .... of course it may come to pass in the fullness of time, but it's a lousy reason to invest
btw and to remind you, i am actually a holder!
tabasco
- 10 Apr 2013 09:54
- 4388 of 6187
Cynic…big boys start off as small boys…I think you could probably name a few of these big boys that never got a sniff in their infancy? hmmmmm? Btw…I know you are a holder….well done….but you do get itchy feet very easily….
cynic
- 10 Apr 2013 10:42
- 4389 of 6187
not really, but i certainly warn people off buying on stupid t/o stories
tabasco
- 10 Apr 2013 10:51
- 4390 of 6187
Me too!
chessplayer
- 10 Apr 2013 12:05
- 4391 of 6187
F Y results should be out next month I believe. Has anybody seen what is expected ?
halifax
- 10 Apr 2013 12:09
- 4392 of 6187
last IMS 12/2/13 very positive.
tabasco
- 10 Apr 2013 12:19
- 4393 of 6187
Chess…the trading update gave revenue for the full year in the range of $180M to $185M…I would image to be around top end or fractionally better…
We will probably know on the 18th May…I have a feeling in my wine there will be another good announcement…management have been very bullish over this last six months…
halifax
- 10 Apr 2013 12:29
- 4394 of 6187
Their problem is in spite of massive turnover increases in the past they do not impact on the bottom line sufficiently so far to justify the market cap of £200m+.
tabasco
- 10 Apr 2013 13:30
- 4395 of 6187
Halifax – I have made a very good living out of punters that only invest in the good thing…the one with form.. the dead cert…
You see those so called shrewdies all gamble the same way…they wont look at a scopey filly that has been brought along slowly…they want to back the unbeaten flashy colt …and are prepared to part with their cash at short odds…I love those shrewdies…and I love their money!
BLNX have knocked out tremendous figures year after year…all achieved in double-dip…treble-dip..or however many dips we have had…we have seen AOL dump their own in-house search in favor of BLNX….who describe CORE as the world's most advanced video engine…nobody has challenged that…I personally would put £10 valuation on today’s 82p for the success they are likely to have within three years…try a little vision… if you want to back a 1/10…a 4k to 40k feel free….the MM’s know just how to hook you!!
halifax
- 10 Apr 2013 13:44
- 4396 of 6187
we await their forthcoming results with wild enthusiasm, but never forget what usually follows!
chessplayer
- 10 Apr 2013 14:13
- 4397 of 6187
Just having a look at some of the projected figures, EBITDA is expected at £20.3 million (2012 £12.8 m) Sales £183 million ( 2012 £114 million) , roughly about 60% up in both cases.
halifax
- 10 Apr 2013 14:20
- 4398 of 6187
numbers are in dollars not sterling?
tabasco
- 12 Apr 2013 11:14
- 4399 of 6187
If BLNX got taken out by a biggie…it could well be Yahoo…Ms Meyer/Reses the new driving force behind Yahoo have many links with the world's most advanced video engine…
Reses led the U.S. media group at Apax Partners where she made some of the firm’s most significant investments in media companies… “APAX Partners, the venture capital firm, is understood to have made a total of around £1 billion”…the VC received a 33pc stake in Autonomy when it was spun out of Neurodynamics in 1996”The Doctor” Lynch also secured backing from Apax Partners when Autonomy listed on the stock market in 1998… and is now an Advisory Board Member of Apax Partners and as we know a non-executive director of BLNX.
Marissa Mayer the ex GOOG superstar and now Yahoo CEO is in talks to acquire a controlling stake in Dailymotion… one of the world's most popular online video websites…
BLNX... the advanced video search engine.. has recently announced a partnership with Dailymotion… the online video portal. ..S. Brian Mukherjee CEO of blinkx commented... “Adding Dailymotion to our strong roster of partners enables us to continue to grow our index of up-to-date videos”
Rumors have been ongoing that Yahoo and AOL will one day get together…
Ned Brody, who was the top advertising-sales executive at AOL, has just resigned… “How soon Mr. Brody, 49 years old, would start at Yahoo depends on whether AOL CEO Tim Armstrong and Yahoo CEO Marissa Mayer can come to an agreement over the restrictions in Mr. Brody's AOL contract”
Remember Blnx replaced in-house Truveo to power the AOL video search…if Yahoo and Aol got together? AOL and Yahoo have always focused more on video search than Google…
Apr 11, 2013, 06.52AM
SAN FRANCISCO: “Marissa Mayer's strategy of using deals to reignite growth at Yahoo! will hinge on the success of a private-equity veteran named Jacqueline Reses who was largely unknown in Silicon Valley six months ago. Reses, a 43-year-old finance executive with an economics degree, has been instrumental in closing a spate of acquisitions since her hiring in September.” And the rumors continue…although way too early [I hope] fot a t/o imo? It would skin those in market control!!! lol
tabasco
- 16 Apr 2013 07:46
- 4400 of 6187
Goldman have a new target price of a £1…they must now be long….watch this very quickly become 150p in mid May…and then back to their 250p price before November…so very predictable!!!
Toya
- 16 Apr 2013 08:05
- 4401 of 6187
Good news about the new target price Tabby :)
tabasco
- 17 Apr 2013 08:55
- 4402 of 6187
When business is bad you fire….when business is good you hire…we don’t seem to be doing so badly? lol
RNS Number : 5191C
Blinkx Plc
17 April 2013
blinkx Adds Award-Winning Product Visionary Trent Wheeler to Leadership Team
Media technology veteran joins blinkx as Senior Vice President of Product to drive product strategy and execution
SAN FRANCISCO, CALIF.- April 17, 2013 - blinkx, the Internet Media platform powered by CORE, the world's largest and most advanced video search engine, today announced the appointment of Trent Wheeler as Senior Vice President of Product. In his new role, Wheeler will be responsible for product strategy across blinkx, leading all product and technology teams to create a unified product vision, direction and management process.
"Trent has been developing innovative, award-winning software for over 14 years, delivering successful products for top video technology brands," said S. Brian Mukherjee, CEO of blinkx. "As we continue to expand our product offerings, I'm confident that Trent's unique blend of product management experience and background in media technology will be a tremendous asset to us, and will help accelerate growth."
Accelerate growth? ....Our growth is already turbo charged!
chessplayer
- 17 Apr 2013 14:22
- 4403 of 6187
Wouldn't it be nice though to see good news result in the price going up ! Most annoying when it has the opposite effect .
chessplayer
- 24 Apr 2013 07:19
- 4404 of 6187
HOT OFF THE PRESS HOW ABOUT THIS THEN LADS !!
blinkx plc
Trading Update
BLINKX EXPECTS TO REPORT FULL YEAR REVENUE AND PROFITS
AHEAD OF EXPECTATIONS
Schedules Financial Year End Results and Conference Call on 13 May, 2013
SAN FRANCISCO, CALIF. - April 24, 2013 - blinkx plc (LSE AIM: BLNX) today provides a brief trading update for the financial year ended 31 March, 2013.
Highlights
· Revenues for the year expected to be approximately $196 million, ahead of the previously upgraded range of $180 to $185 million, an increase of 71% from the year ended 31March, 2012
· Adjusted EBITDA is expected to be approximately $26 million, an increase of over 200% from $12.8 million for the year ended March 31, 2012
· Profit before tax, including one-time costs and amortization of purchased intangibles, is expected to be approximately $15 million, an increase from $1.9 million for the year ended March 31, 2012
· Basic earnings per share is expected to be approximately 4.4 cents, a 400% increase from 1.1 cents, for the year ended March 31, 2012
· Net cash at year-end is expected to be approximately $55 million an increase from $38.4 million for the year ended March 31, 2012
The outperformance during the financial year can be attributed to:
· Strong growth in the broader online advertising industry in general and the video advertising sector in particular
· An increase in advertising spend driven by two major events this financial year, namely the Summer Olympics and the US presidential year elections, which delivered a one-time boost to revenue
· The well-executed integrations of the acquisitions which have allowed the Group to expand the scale, scope and reach of blinkx's offerings
S. Brian Mukherjee, CEO of blinkx, commented, "This has been an exceptional year for blinkx. Widespread broadband adoption, proliferation of connected devices and the accelerating consumption of video content online continue to fuel the growth of the industry. This sector momentum, along with one-time events, strengthening fundamentals of the business and the effective integration of the acquisitions have been critical to our success and growth this year."
The Company expects to announce its audited financial results for the financial year ended 31 March, 2013 on 13 May, 2013.
The above represents management's views and opinions on preliminary results based on blinkx's expectations at the time of publication of this announcement. These results may be subject to revision as part of the analysis process and, at this stage, should be taken as indicative only. Information regarding preliminary results are provided as an aid to investors based on information available at the time of publication. Full results, including income statement, balance sheet, statement of changes in equity, cash flow statement and related notes will be published in May, 2013. All results, including those set forth above, are subject to financial review by blinkx's independent auditors and are considered preliminary and subject to change until publication of any such review or audit.
This press release contains references to adjusted EBITDA. This financial measure is not a measure that has any standardized meaning prescribed by IFRS and is therefore referred to as a non-GAAP measure. The non-GAAP measures used by blinkx may not be comparable to similar measures used by other companies.
Adjusted EBITDA is defined as Profit for the year attributable to equity holders of the parent before interest, taxes, depreciation, amortization, and acquisition and exceptional costs. Management believes that this measure is a useful supplemental metric as it provides an indication of the results generated by the Company's principal business activities prior to consideration of how the results are impacted by one time exceptional charges or how the results are taxed in various jurisdictions.
Forward-looking Statements
This announcement contains or may contain certain forward-looking statements with respect to certain of blinkx plans and its current goals and expectations relating to its future financial condition and performance and which involve a number of risks and uncertainties. blinkx cautions readers that no forward-looking statement is a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal', 'believe', or other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding blinkx future financial position, income growth, impairment charges, business strategy, projected levels of growth in its markets, projected costs, estimates of capital expenditure, and plans and objectives for future operations of blinkx and other statements that are not historical fact.
By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, including, but not limited to, UK domestic and global economic and business conditions, the effects of continued volatility in credit markets, market-related risks such as changes in interest rates and exchange rates, the policies and actions of governmental and regulatory authorities, changes in legislation, the further development of standards and interpretations under International Financial Reporting Standards ("IFRS") applicable to past, current and future periods, evolving practices with regard to the interpretation and application of standards under IFRS, the outcome of pending and future litigation, the success of future acquisitions and other strategic transactions and the impact of competition - a number of which factors are beyond blinkx control. As a result, blinkx's actual results may differ materially from the plans, goals, and expectations set forth in these forward-looking statements. Any forward-looking statements made herein by or on behalf of blinkx speak only as of the date they are made. Except as required by the FCA, AIM or applicable law, blinkx expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement to reflect any changes in blinkx expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based