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.

Oi tabs nice one on these but dont forget to sell !!!

Not looked in since post 4639 ... and regards Barry I stand by what I said and I said it enough times to him on advfn ... he knowingly floated a pile of shite and made a mint out of it as a shareholder then as a consultant then as the one and only saviour of the company !!!

Was full of shite and that judge had him sussed big time.

Regards

A nice rise this morning. I wonder if there might be some bid speculation .

Hi Chess....that was a bit of luck?...

Nov 14 (Reuters) – Blinkx PLC :

Goldman Sachs raises price target to 325p from 215p; rating buy
For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on [RCH/EUROPE] Reuters 3000Xtra users, double-click [RCH/EUROPE] Thomson ONE users, type in RT/RCH/EUROPE ((nyc.equities.newsroom@reuters.com); (Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net) ((Bangalore Newsroom +91 80 6749 1130; within U.S. +1 646 223 8780)

.............

Dil....hope you are well....you are a hard man....nobody should suffer the grief of BM....you have your views but he was no different to many other successful businessman?

Try a little research into the real villain of MDX....still on the legal run...still up to his old tricks...still one step ahead of the law.....

so who's short here, or has whoever already been vaporised?

cynic Icarus is dead, like our parrot!

Maybe time to be short.

rather a silly and glib comment don't you think hays, given that it flies in the face of a strong upgrade from goldman, that the share has progressed steadily for months, and much more importantly, you never ever short!

cynic noticeable that the "vampire squid" has been making some outrageous upgrades recently, maybe getting ready to pull the plug ahead of the anticipated correction.

Sold out, figs well in the price IMO now.

Cynic ....Strawman and Elephant Man have been calling this a short from the 30p days....Strawman posted on every BB available...he cost many investors a great deal of money....and he is still at it!....what a James Hunt!....Elephant Man has his comfort blanket....his mum...

We all know a stopped clock is correct once a day...that's the best he can hope for....as for the other traders on here....Halifax et al will always be Joe Average...you have to have that edge/knowledge/balls to make big bucks...they fall well short.....sure you can take some off the table..I have a very large table but I am looking at £5....£10....and £20 before I pull the plug....

A lot more to come....

I never could understand those two. It's like they were on a different planet, or perhaps came from one !

Good timing eh, correct to the day! Posted at the end of the day before it fell.

Haystack - 14 Nov 2013 16:57 - 4732 of 4737
Maybe time to be short.

don't be a muppet ..... nothing goes up in a straight line, but feel free to short

What was that? nothing goes down in a straight line.

Don't be a prat. After a near 300% increase in the price this calendar year , naturally people will take some profits.

Get with it sunshine.

no it doesn't ..... blnx had one hell of an uninterrupted rise ..... for sure it was a time to take profits if you were trading - perhaps i should have done with some - but i'm still nicely ahead with the last batch i bought and shall just hold

Sorry....a little late with this guys...The placing was smashed pre market in minutes...last piece of jigsaw....

BM..Blnx servicing the mobile need " anywhere in the world"

RNS Number : 6098U

Blinkx Plc

03 December 2013

BLINKX PLC ACQUIRES RHYTHM NEWMEDIA INC.

Leading Premium Mobile Video Advertising and Technology Platform Enables blinkx

to Expand into and Accelerate the Growth of its Mobile Business

London, England and San Francisco, CA - 3 December 2013 - blinkx plc ("blinkx" or the "Company"), the Internet Media platform that connects audiences with brands through professionally generated content, announces that it has today entered into an agreement (the "Acquisition Agreement") to acquire Rhythm NewMedia Inc. ("Rhythm"), a leading premium mobile video advertising technology platform focused exclusively on smartphones and tablets, for a total consideration of US$65.0 million (GBP39.7 million) (the "Acquisition"). The cash component of the Acquisition consideration of c.US$29.5 million (GBP18.0 million) will be funded through the Company's cash balances and proceeds from the placing (the "Placing") announced separately today, with the remainder through the issue of new ordinary shares of the Company.

Highlights

Rhythm operates a mobile equivalent of the blinkx ecosystem and enables the Company to extend its reach across platforms. The Company expects that the acquisition will:

-- Accelerate the growth of its mobile video advertising business, the fastest growing segment within online advertising which is expected to grow by over 7 times to $31billion from 2012 to 2017(1) ;

-- Allow it to satisfy growing brand advertiser demand for premium, integrated, cross-platform online and mobile video advertising campaigns at scale;
-- Add patented mobile technologies and products to augment its existing desktop capabilities;

-- Enhance and upgrade relationships with premium media companies to extend the blinkx ecosystem; and
-- Add a talented team, with extensive expertise in mobile video advertising.

Key Financials

Rhythm has a strong and compelling growth profile, with demonstrated scale, scope and reach in the premium mobile advertising sector:
-- Revenue CAGR of over 90% between FY2011 and FY2014(E);

-- FY2014(E) revenues of US$25.4 million (GBP15.5 million) (2) , that are expected to grow at 30% annually over the next 24 months based on current visibility;

-- FY2014(E) EBITDA loss of US$4.6 million (GBP2.8 million) - of which c.US$1.0 million (GBP0.6 million) is likely to impact blinkx pre-exceptional EBITDA performance in FY2014 - with breakeven anticipated within the first full year under blinkx ownership, with material profit contribution to the group thereafter;
-- Industry leading gross margins that are comfortably above 40%; and

-- Targeted cost savings of c.US$2.0 million (GBP1.2 million) over the next 12 months through headcount and infrastructure alignment.

(1) eMarketer

(2) Excluding one-time non-core, high risk and/or low margin revenues.

blinkx Current Trading

On 5 November 2013 the Company published its interim results for the six months ended 30 September 2013. The Company confirms that there has been no material change to the operational and financial performance or outlook for the business since that date.

Commenting on the Acquisition, S. Brian Mukherjee, CEO of blinkx, said:

"We are delighted to welcome Rhythm, a leading premium mobile video advertising company, to blinkx. In Rhythm, we see a perfect strategic alignment with our vision to connect consumers with brands through professionally generated content, across any Internet connected device, anywhere in the world. This acquisition aligns with our strategy to expand our digital video expertise to the mobile sector at scale. Rhythm brings a talented team with deep domain expertise, technology and products, along with a rapidly growing revenue stream that will add to our organic mobile efforts."

Note the time...no coincidence in move...

1412: Shares of Blinkx (Other OTC: BLNKF - news) have been added to Goldman Sachs (NYSE: GS-PB - news) ' Conviction Buy list.

just to remind everyone, that while BLNX has not set the world on fire, it has been trundling gently north for a little while now

still rocking along, though surely there must be a pause or retrenchment at 230, if not before