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.

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

An hour ago

http://www.proactiveinvestors.co.uk/columns/broker-spotlight/15090/broker-round-up-hargreaves-lansdown-bskyb-royal-mail-shell-blinkx-itv-15090.html

Blinkx (LON:BLNX) shares fell below 200p after Jefferies called an end to its storming share price performance.

The online video search engine has been a roaring success over the past couple of years, but Jefferies believes the time has come to stop buying the shares as it took a ‘hold’ stance.

“We like the online video arena but would like to see stronger premium revenue growth and have a clearer view on the network business model at Blinkx,” the broker said.

...... and GS says conviction buy TP 340p.

This is now sitting right on a major support level. A fall from here has clear air down for a long way to 150p.

it's been a fair while since BLNX sp broke significantly through 25/50 dma, so in the (very) short term there may be some money to be made on the short tack

for myself, i'm very happy to sit out what i think is no more than a hiccough, and indeed, i still have headroom (my notional investment limit) to top up further should i feel so inclined

it seems that there has been some selling or transferring of assets in certain nominee holdings

Chart looks terrible, well and truly heading south now IMO, my premature sell now in the money.

Conversely look at IQE, looking very good. Strong chart signal accompanied by great news and super results at Skyworks. Looks like Oxford Asset Management called it right eh tobasco "Oxford Asset Management just taken a position on IQE....fuck me...they really are insane! 0.50% 2013-10-28 " not so insane IMO.

from an immediate chart point of view, you're absolutely right of course, but the company is now making very good real profits - it took a long time to get from potential to reality! - and, i think, consistently beats its targets .... hence why i'm more than happy to sit tight and hold

if sp gets down to 150 (200 dma), which is certainly a possibility, i'm sure i'll buy some more

This may have some bearing on the fall

http://techcrunch.com/2014/01/19/blinkx-founder-chandratillake-becomes-balderton-capital-partner-as-maloney-steps-back/

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10582706/Blinkx-founder-to-return-to-UK-to-join-venture-investor.html

There are a lot of comments on other BBs suggesting his involvement will be significantly less. I saw some of the reports yesterday so expected further falls today,

hays - you may be right, and there was also a modest downgrade from jefferies ..... that linked to possible chart-driven selling is no great help

however, as this is one of my long term stocks, i remain unconcerned
certainly Dr C's new role at balderton should actually have little if any genuine effect on BLNX itself

Interesting thread, at 173p I make BLNX trading at 34 times earnings. At 55p the company is trading at 8 times earnings. If you look at profit before tax is 8% of turnover. Oversold on RSI but looking at the numbers a correction was probably due anyway.

plenty more downside here.

so tell us, are you still nursing that truly mammoth loss you must have incurred?
have you added to your short position?
i'm afraid you really haven't called this one too well in the past, though i concede there may currently be some short term downside (to 150?)

Cyners whats the reason for the fall from the high here.

Just technicaly overbought????.

modest downgrade from jefferies; DrC taking a marginally different role (little or no effect in my opinion; selling on break down through 245/50 dma; probably a bit o'bought having had an excellent run of late