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.

There might be an argument to say that the clients should have refused to let Edelman as they should have known the effect it would have in the public domain.

An RNS came out at 18:13 indicating that Blackrock have reduced their holding.

Transaction yesterday, notified today.

exactly that, which of course is why they were delighted that he should publish - as of course would always have been the intent

about 1.3m shares, but minimal relative to the quantity they already hold

Hay

Do we know if they took a haircut?

They only announcedI suppose the odd thing about it was that there was an RNS yesterday notifying the increase. It said transactiobn on 6 Feb and notified 10 Feb. So whether they made money on it I don't know.

There has been much speculation over recent days as to whether AOL was still a partner of Blinkx as they powered AOL video system. Apparently they have confirmed today that this not the case anymore, despite Blinkx citing them currently as a partner.

Here is the purported email exchange from LSE BB

Dear mr Ryan

I am a private investors. In 2012 Blinkx announced a partnership between AOL and BLINX in regards to powering Video.

As you may be aware BLINKX has been under pressure the last few days.

Could you kindly inform me whether the contract with BLINKX in 2012 is still valid, or has the contract ended.

I realy appreciate your assistance, and look forward to your kind reply.

Yours sincerely

Allan van as

London (uk)

Sent from my iPad

The reply was received today ......................................................................

AOL Investor Relations aolinvestorrelations@teamaol.com
15:49 (2 hours ago)

Thanks for reaching out. Blinkx is no longer a partner for AOL's video search. Please let us know if you have any other questions.

Regards,
AOL IR

Posters on other boards saying above is a fake.

I hope I haven't made a mistake in buying in here....can't make this Edelman story out...

Not sure if they are right RF but the reply looks decidedly dodgy.

AOL has been removed from most of Blinkx's documents. There is I believe just one that mentions AOL.

The email address is correct

Eoin Ryan
AOL Investor Relations
Phone: 877.265.1010
E-mail: IR@teamaol.com

from
http://ir.aol.com/phoenix.zhtml?c=147895&p=quarterlyearnings

so what's the score with this conference that BLNX were allegedly speaking at or whatever at midnight?

No new information on current trading was provided during the presentation.

Doesnt that mean the article presented by hays on AOL is a fraud then????.

I was under the impression that any news a company receives which materially effects their revenues and profits as to be reported to the market within 3 days of them receiving it.

Either that or AOL is of little importance to BLNX.

If AOL left, it was some time ago and not something that needs to be mentioned now. AOL is singularly missing from their lists of media partners.

Blinkx long closed for -10 pts

I have found Blinkx's presentation at the Goldman conference. There is nothing about the Edelman saga, as I expected. It is just a marketing presentation although interesting. There is no reference to AOL or Ask.com, who seem to have jumped ship.

Here it is

http://t.co/5TtMF4UNO7

Blink only ever provided video search for AOL following the retirement of its own Truveo system...

Like I said hays above........

"Either that or AOL is of little importance to BLNX."

as is ASK.