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.

Ah insults, wondered when you'd you'd stoop to them as your tiny intellect ran out.

Try opening your mind a bit. You may learn something from people on these boards which would help you gain a bit of experience ..

you mean peeps like marni and kate barnes i assume!

Of course.

marni has taught me the values of respect, leadership and high intellectual thought with a little dollop of humility ..

her acolyte KB has similarly virtues

Just a thought>

The more I think about the lead up to the resultsthe more I struggle
Suranga Chandratillake has stated blinkx is fully funded to see it to profitabilitythe placing was something none of us envisaged and it was constructed presumably quickly to be announced parallel with the results which would obviously damage the good or any news?the costs of zango and integration has not been disclosed to my knowledgebut pennies in the pound has been hinted on the purchase of the Zango assets the revenues gained were also of a muted naturethey didnt want us to knowand if the figures were great they could buy six months of timehere is were I have a problemAU. Underwritingthe 18p that was close to the SPand with the placement bad news almost certain to threaten the levelprobable big buyers would back off leaving AU holding the baby with the lot.now with SC saying he did not need the money why cause damage to us shareholders for extra cash on the balance sheet that was not needednow if BLNX/AU have been approached prior to the announcementwouldnt it be a bummer if AU.get forced into a controlling handall very sweetbut then again I could be talking bollocks?

:-)

blinkx interim losses up at $6.9m
Business Financial Newswire
First half revenues at video search engine blinkx more than doubled to $ 13.1 million.


Gross profits jumped to $8.5m from $4.5m but losses also increased to $6.9m from $3.3m but included $1.4m of non-recurring costs relating to infrastructure investments.

The firm had cash balances of $10.7m at the end of September - down from $32.4m a year ago.

Founder and chief executive Suranga Chandratillake said: "The six months ending September 30 2009 clearly demonstrate the strength and vitality of blinkx's business model.

"Despite universally challenging macroeconomic conditions, blinkx has continued its robust growth, with revenue more than doubling compared to the same period a year ago.

"Our decision to make and deploy significant infrastructure investments early in the period has already proven successful, delivering substantial revenue and gross profit improvements that are reflected in these results.

"blinkx's consumer sites continue to draw an ever larger global audience-during the period our video streams increased by 170% and we broke into the Top 10 Video Sites as measured by both comScore and Nielsen."

larger global audience and larger losses - wonderful!
rather like companies who don't know the diff between t/o and profit

only ever average up, never ever average down, too risky.
just my opinion as always. please all dyor.
regards
jkd

Well who would have thought it17.25p closeno discount for tomorrow when the shares will be put on the marketAU. will get what they want and perhaps the company wont be so shy from now onlooks a bit stage managed to meinteresting rns tomorrowI would sayI have been buying for two daysfingers crossed

I too have been buying as I think the markets are too short sighted with this co. They are still building and thus incurring losses. Taking on over 100new employees from zango--doubled turnoverdespite the recession and added many new partners. including running the new BBC parliament site. As W Buffet says look over the hill to see the mountain---I think we've got Everest here!!! IMHO of course. Do you think Tabby that they are making sure they don't get an unwelcome bid?

now look at the profits .... oh, were they really a mirage? .... goodness me, so they were!

building turnover and increasing your losses is known as overtrading in the real world, which is how so many companies are amazed to find themselves bankrupt

Good morning all>

Moneyplus Suranga Chandratillake has stated blinkx is fully funded to see it to profitabilitythat leaves three options for the p*ss amount small placingAU. needed the shares to get to the 25%or there is a deal already struck.or SC is telling porkies about the health of the companyand with the AU involvementI dont think the third option is realisticbut who knows? blinkx's principal shareholderAutonomystronglybelieves in this market opportunity forblinkx... Autonomyhas demonstrated itsstrongsupport of theTransaction by agreeing to underwrite the issue of the Placing SharesSC stated............
During the downturnblinkxhas made significant progress and is now ready to ride the wave of an upturn. We have prepared the business for this and will take all opportunities to aggressively pursue this growth when an upturn arrives.".

Why not wait for the opportunities to arrivewith such backing the market can judge for itself? No!.. lets put doubt in the mixtureand trash the SP to 18p or less?

Cynichave you noticed the risky drivers that overtakeusually win the race?

The potential here is enormous,and Chandratillake has been pushing all the right buttons. Those who have difficulty in seeing this ought to take off the blinkers and see clearly with their own eyes.

Think I will do some painting today and watch it dry, one thing for sure it would be more interesting than waiting for some miricle from boring Blinx

If you look around, it isn't just BLNX, it is the whole market stuck waiting for the US jobs figures at 1.30pm.

DD. You got it in one! That is obviously why we have failed to react to the 200 plus rise yesterday in New York.
Not a good sign,methinks,however that we have hardly moved.

chessplayer - most of yesterdays rise on the dow was in place at our close (@9974).

A good post from the other channelpretty much exactly how I read the placing>

jarvis4 - 8 Nov'09
Just been looking through last weeks RNS's from Blnx and AU. to double check that we had not missed or mis-read anything.

3/11 at 7.00am both Blnx and AU. issue the same RNS about the new placing of 27m new Blnx shares @ 18p per share. Citi responsible for placing the shares with AU. and Institutional investors. Under the Placing document Citi agrees to use all reasonable endeavours to place the shares and AU. agrees to aquire any Placing shares for which Citi does not procure a placing. If no shares are placed with Institutions then AU's and their affiliates holding increases to 26%.

In the Appendix, Citi are to identify prospective placees although any prospective placees can contact Citi direct. The Placing closed at 7.00am on 4/11.

6/11 at 17.44 an RNS to the effect that Autonomy's holding now 13.8%

So, in a nutshell, the market was notified of this proposed placement on 3rd November, applications for shares had to be in within one working day and by the 6th the shares were issued and trading on LSE, with AU. confirming the increase in their holding. In other words it seems clear from this document that this was simply an exercise to get AU. and it's "affiliates" over the important 26%. All we need now to be absolutely certain is to see who has taken up the remainder of the placing. Certainly Dr Lynch sitting on the board of both companies would qualify as an "affiliate".
Were there a real need for cash within BLNX then the placing would have been for a larger amount, would have been conducted over a longer period and would most certainly have involved Institutions. Either that or AU. would simply have made their previously mentioned facility available to Blnx but, of course, a loan would not have brought this blocking shareholding into being.

Also shareholders were able to buy in the market at the same sp or slightly below.
I am regularly seeing reports on the BBC news 24--tech updates about the amazing growth in video search and video games etc--all well above my head except how it's growing! Blnx is now powering so many of these sites we can't keep up but the latest one BBC parliament is proving very successful I think--again I have not tried to search for a speech or debate etc. SC states still building the business so profits not expected until 2011 but may get there sooner! I imagine the last thing they want is a takeover approach.