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.

took USD numbers and assumed GBP, same mistake as you Skinny.

This has been a coming for a while. I don't think this is the end of the saga. Single digits may be on the cards. 48m shares traded so far today. The bad publicity and suspicions that Blinkx may have been defrauding their customers may well be stopping new customers going to them. Blinkx are unlikely to say how many customers are not renewing or leaving. More bad news on the way I suspect.

Hays 18.5p is supported in cash so I'd doubt it very much.

That cash can disappear very quickly with falling revenue. What happens when half of that disapoears?

I reckon lower twenties before a rebound....

I think we're a few cards or a law suite away from that right now... To me there's a business model here even if it does need straightening out. At current prices I'm happy to take a long punt. I think internet advertising is still in its infancy, but is where the money will be... Bet Goldman clients are ready to explode!! lol

http://uk.reuters.com/article/2014/07/02/uk-blinkx-brief-idUKKBN0F70I920140702

rf doubt the lower 20s hit - blnx has over $100m net cash still
gl

Nothing to do with fundamentals....just the downward impetus Gibby....might ..might not...but I'm not jumping in yet : bad news is too soon...

I probably should have waited, but you can't win them all...

A bit like that cartoon toilet paper that make you consume...

Well the bulls are quite today.... No one topping up then??

In auction -50.6%.

Hardly inspiring to stay long!!

The RSI does look in 'ground effect' mode!

Looks like a flat tone to me, I'll stay in for now though as I suspect the MM's have grounded the sp.

fair comment rf

what will tomorrow morning bring one wonders

skinny - like the 'ground effect' comment lol!

ground? More like crushed I'd say .....

The lion does not sleep tonight I see.

adjust your glasses to cope with bright blue bounce he tomorrow

Prof Ben Edelman has confirmed his blog was sponsored by investors who will profit form a blnx slump

gla

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10623072/Professors-Blinkx-research-that-caused-share-slump-was-paid-for-by-investors.html