Thursday 17 December 2009

Yet more competition because Blinkx is moving so slowly...



















[click image for larger version]

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Comment: as far as I can see from the Blinkx Partners page, they don't have Channel 4 or 5 as partners.

Funny, that. You would have thought that Ch4 and Ch5 would have jumped at the chance to partner with the self-styled "world’s largest and most advanced video search engine", rather than a relative unknown like SeeSaw.

Another piece of high ground lost by Blinkx. In my view they're just not growing fast enough or signing enough high-quality media partners (yes, I know they extended their deal with ITN yesterday - when was the last time they landed a new partner the size of ITN?). True, they seem to be doubling revenues about every six months (although we don't have equal clarity about their costs) - but their income is increasing arithmetically, whereas online video is exploding exponentially...

Chandratillake is right about one thing: there is a 'perfect storm of opportunity' out there. Sadly, it seems to be one in which Blinkx is having problems getting even damp, let alone drenched through as one would expect of a dynamic young company with energetic and competent management.

Draw your own conclusions...

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