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.

After opening higher and moving lower again, is now well up on yesterday's UT higher close

though order books pretty much in balance

no buyers around for BLNX today, but then 95% of the market is taking a hit to a greater or lesser extent

whether or not sp will now resume its downward spiral or will recover with a rush as people perceive value is a great unknown (to me)

if in doubt do nowt, but it can be difficult to follow that wisdom at times!

Sold out around 72p...did the right thing by the look of things....

tomorrow could be exciting as, surprisingly enough, cash ftse currently showing at about +20

Comment from Citigroup (house broker):
"Blinkx continues to have a torrid time, with the group now down 69% YTD. The first leg of negative performance was driven by the Edelman blog allegations posted in late January (since rebutted) and the second driven by the broader sell-off in US tech since March. In this report we look at the broader themes driving the weakness and the implications for Blinkx. Finally, we revisit valuation both with a view to finding a floor and a catalyst for performance.
Key Conclusion #1: Factors Driving US Ad Tech Sell-Off Only Partially Applicable to Blinkx — Investors are concerned about how the move to ad exchanges (and programmatic buying/real-time bidding) will impact traditional ad network-oriented ad tech companies. Add into the mix concerns about mobile cannibalising desktop and a loss in confidence in higher value formats (like video) enjoying immunity from these trends, confidence in the ecosystem has been fundamentally shaken. Blinkx, of course, is exposed to these trends but enjoys three key advantages: (1) it is already profitable; (2) it is well placed to handle the move to programmatic buying and has arguably the most transparent risk/compliance procedures in the industry; and (3) it has a significant cash balance through which it can futureproof itself via M&A.
Key Conclusion #2: Blinkx is Significantly Cheaper Than Peers — Because of its profitability and strong cash flow, Blinkx is cheaper than virtually all its peers both inside and outside the ad tech space on pretty much every metric. With 19p per share represented by the group’s cash balance, we estimate the group is trading at barely 11x 2015E P/E. Although our fundamental (DCF-based) valuation and PT is unchanged at 175p, our floor valuation analysis suggests anything below 125p looks very good value.
If Not, Why Not? Time to Buy — Although the timing of a rebound/rerating is uncertain, we think the current level is too cheap. We think investors with a LT view should buy the shares."

it's certainly being quite perky this morning, but there's now <10% to a potential resistance at 80

Nice bounce back after yesterday's late drop with the market.

indeed ..... thought about buying first thing this morning but missed chance as had to go to the gym and then too late

Panto aka Master RSI..........med term its going down.

Ps, strange you now dont speak pigeon English.

PPS, how many handles do you have here now????? 20 at least I reckon.

But beware Im getting in touch with the guy who funds Money am with the dosh.

Ill ask him to remind management here where the money comes from.

Ive had enough of this.

sticky can't read this but still .....

panto has been behaving himself very well for a while now, so leave him alone
medium term re blnx you may well be right, though not necessarily .... in the meantime, panto's read it quite well even if he is not infallible by any means

gf
The money doesn't come from this BB. It comes from white label supply of data to third parties. The BB is more trouble than it is worth.

It looks like someone is losing money this days and the alternative is trying to find some faults on the ones making plenty of dosh

re - The BB is more trouble than it is worth.

tell me more is certainly not only the videos giving a hard time this days - poor sods - has someone heard ... I know people on high places

Or maybe it's friday afternoon and certain people make any early start on the booze? ;o)

Short term bounces here, but the trend is still firmly down.

panto - indisputably you and i have had our moments, and no doubt we shall have others in the future ......

however, sticky (gf if you like) admits that he has done his bollocks recently .... he has also decided to take complete umbrage with me, for a reason that is actually in his imagination and not reality
such can be the effects of stress .... but then i'm in a generous and forgiving mood today

cynic

re - he has also decided to take complete umbrage with me, for a reason that is actually in his imagination and not reality

that must be the case towards me also, imagination can go wild with the help of booze

glad you are on a better mood today, I am too since lunch time, yes I let an ant to pass by on the garden without getting the footie

An talking about the share price, well closing almost at best of the day can not be bad.

Have a nice weekend

you too
am disinclined to buy in at this level as too close to 80 and resistance

I bought a few in the auction. Looking for a 10p rise.

G

This still looks very risky. I am also not sure the Edelman saga is over. The 80p level seem critical and at that level the recent rise is only as big as the one in April when it fell back strongly. The result weren't above what was expected and it has been downgraded by brokers recently. The whole digital ad sector has been maked down as under pressure. Media clicks are worth less and less with mobile clicks and views becoming worth hardly anything due to their volume. Looking forward, their next set of results will be more indicative, which may account for the downgrading.

i'll contemplate on monday