Thursday 9 December 2010

blinkx Honored With 'Best AIM Company Achievement' Award From Shares Magazine

SAN FRANCISCO, Dec. 8, 2010 -- /PRNewswire/ -- blinkx, the world's largest and most advanced video search engine, was recently awarded "Best AIM Company Achievement" by Shares Magazine, the leading weekly publication for stock market professionals and private investors in the United Kingdom.

Voted on by the readers of Shares Magazine, the awards have been designed to find the very best providers across a range of categories including stock broking, derivatives trading, online research, software and fund management, and recognize excellence in all sectors of the investment, trading and securities industries. The "Best AIM Company Achievement" award is given to an AIM company that has delivered exceptional performance for investors.

"We are honored to receive this award on behalf of all our employees, shareholders, customers and partners," said Suranga Chandratillake, founder and CEO of blinkx. "Since 2007, blinkx has executed on its strategy and has created significant value for investors. The AIM market and investment community has provided a strong foundation on which our commercial and strategic development will continue over the coming years."

As the pioneer in video search technology, blinkx has built a reputation as the smartest way to find rich media on the Web. The company has made more than 720 partners and indexed over 35 million hours of video and audio content to date.

About blinkx

blinkx plc (LSE AIM: BLNX) is the world's largest and most advanced video search engine. Today, blinkx has indexed more than 35 million hours of audio, video, viral and TV content, and made it fully searchable and available on demand. blinkx's founders set out to solve a significant challenge – as TV and user-generated content on the Web explode, keyword-based search technologies only scratch the surface. blinkx's patented search technologies listen to – and even see – the Web, helping users enjoy a breadth and accuracy of search results not available elsewhere. In addition, blinkx powers the video search for many of the world's most frequented sites. blinkx is based in San Francisco and London. More information is available at www.blinkx.com.

SOURCE blinkx

from Sun Herald

People Making Money Online

Online video is well and truly, having the best time of its life right now. It seems to be factoring in every marketing plan worth its salt, with some incredible videos being produced by brands that are lighting up social media. I wanted to explore the state of the online video industry a bit further and delve into the stats that show the huge growth curve online video is currently on. Right now it is one of the most fascinating aspects of online, as brands continue to push the boundaries of what’s possible and engaging the audience in completely new ways. It is a seriously big business and one that every brand wants to be a part of. And it’s easy to see why..
Over 35 hours of video uploaded to YouTube every minute

This stat on its own is pretty stunning and quite hard to get your head around. But when you look at in in the context of the past 3 years, or even 6 months, you realise just how impressive this is. The graph below from Youtube shows the average hours of video uploaded every minute, back to June 2007. While this started at 6 hours, in the past 6 months it stood at 23. That’s a huge increase of 12 hours per minute in just 6 months :

That is some seriously impressive growth and also shows that just as much as brand video is growing, ugc is growing at a staggering rate, due largely to the growth in mobile and ease of uploading. As Youtube note themselves there are other factors, such as upping the time limit in videos, which would obviously attribute for an increase in the total length of video uploads. But this is impressive nonetheless.
Blinkx shares up by 400%

At the business end of video, Blinkx are showing that online video is starting to become a profitable industry. While Google still won’t reveal whether Youtube is making them money or not, Blinkx have recently announced their first ever turn in profit in the 6 months up to September. And it comes 3 years after they first launched. Blinkx make money through running ads alongside the videos they index, acting as a huge video search tool. They have certainly had a good year, as the 400% share increase shows. It’s also encouraging to see that online video isn’t just about Youtube and there are some other serious players in the market with unique offerings.
Online video ads reach half of U.S. users

While some research shows that advertisers are cautious over online video advertising, due to factors such as standardisation of ad formats, online video advertising is going from strength to strength. A recent study from ComScore (the people who measure things), found that just over 45.4% of users in America viewed at least one video ad over a month. But more impressively, were exposed to 32.2 videos each, on average. That’s over 4.3 million video ads that were served to the online U.S. population in September 2010. This shows the power of online video ads to get right in front of your target audience. And while there are some definite rights and wrongs in the content of the video ad, I think we’ll see this grow even more and prove itself as a valuable industry up there with TV.

from Working Careers

Anthony Rose leaves YouView

The man who revived the BBC's new media fortunes, Anthony Rose, is to step down as CTO of the YouView venture, formerly known as Project Canvas.

It's a surprise move. Rose is well respected throughout the industry and inspires great loyalty from his team. Rose joined the BBC from P2P company Kazaa and gave the bureaucratic organisation some much-needed private sector focus and pragmatism. Previously the Aussie was VP at Sega Australia.

In a statement, YouView said that Rose "would continue to inform development in an advisory capacity", but that YouView was "moving from the concept and design phase into the delivery phase".

from The Register

Tuesday 7 December 2010

U.S. Online Advertising Expected to Grow 14 Percent in 2010

"Online ad spending is expected to grow nearly 14 percent this year in the U.S. to $25.8 billion, according to a revised forecast by eMarketer. Its last forecast in May projected about 11 percent growth to $25.1 billion. The market research firm also expects U.S. online advertising to keep growing at double-digit rates through 2014, when it estimates the total will reach $40.5 billion..."

from TechCrunch

Nice graph showing ad spend growth 2009-2014...

Thursday 2 December 2010

Virgin Media to launch YouView rival

'Game changing' mix of TV, VoD and internet services has a six-month headstart on BBC-backed YouView

Virgin Media is about to launch an upgraded video-on-demand service, which it claims will do for TV what the iPhone has done for mobiles, with web partners including YouTube, Twitter and Facebook.

The new service, which Virgin Media claims is a "game changing" combination of TV, VoD and internet services, will initially be marketed to Virgin Media's 3.7 million existing customer base. Registrations for new customers are being taken from today with installation in the new year. It will cost Virgin Media customers £26.50 a month.

The new service will launch in mid-December giving it a minimum six-month headstart of rival YouView, the BBC-backed venture to bring VoD to Freeview and Freesat. Virgin Media attempted to block YouView after the two parties failed to reach a partnership agreement.

from
The Guardian

Jana Bennett's move to BBC Worldwide confirmed

Jana Bennett is moving from her job as BBC Vision director to BBC Worldwide, with responsibilities including the global rollout of the international subscription version of the iPlayer video-on-demand service, the corporation confirmed today.

Bennett will join BBC Worldwide, the corporation's commercial arm, in February as president, worldwide networks and global iPlayer. MediaGuardian.co.uk revealed yesterday that an announcement about Bennett's BBC Worldwide move was imminent.

She will be responsible for the Global iPlayer, the international version of the BBC's popular UK VoD service. A pilot version is due to launch in the first half of 2011.

The Global iPlayer will be a subscription-only service, launching initially on the iPad, the BBC.com managing director, Luke Bradley-Jones, told a conference yesterday.

from
The Guardian

Blinkx eyes YouView as better bet than Google TV and Microsoft

As it endeavours to address all of the elements of the video infrastructure required to make its imminent launch a success, YouView has received a boost from video search-engine technology provider Blinkx who has revealed a clear intention to be on the OTT platform.

The Reuters news agency has revealed that the two companies have been in conversation and that Blinkx has been deeply involved in the various technical processes YouView is running before it launches sometime in 2011.
Speaking at the Reuters Global Media Summit Blinkx founder and chief executive Suranga Chandratillake was quoted as saying: "At the moment everything [YouView is] doing is internal technology but they have a number of programmes to interact and engage with external technology and content providers, and where appropriate we are involved in those processes. We certainly want to be on that platform in some way, in what way depends on what the platform ends up looking like."
Chandratillake added that he regarded YouView was better placed than Google and Microsoft to break into the TV market because its partners were mostly broadcasters who understood TV. "It feels like a better stab than almost anyone else has had so far," Chandratillake said.

Reuters also reported that Blinkx was also willing in the future to charge for content, he said, and that the best candidate platforms for this would be TV and mobile.

from
Rapid TV News

Blinkx eyes place on UK's YouView

(Reuters) - Video search-engine operator Blinkx (BLNX.L) is in talks with the developers behind the British Internet TV project YouView and hopes it will be available on the platform when it launches next year.

"We know the YouView team very well and we are involved in the various processes they currently have running with the tech teams," Blinkx founder and chief executive Suranga Chandratillake told the Reuters Global Media Summit via videolink from New York on Wednesday.

"At the moment everything they are doing is internal technology but they have a number of programmes to interact and engage with external technology and content providers, and where appropriate we are involved in those processes.

"We certainly want to be on that platform in some way, in what way depends on what the platform ends up looking like."

YouView, which started out as Project Canvas, is a partnership between the BBC, ITV (ITV.L), Channel 4, Five, BT (BT.L), TalkTalk (TALK.L) and Arqiva, which will offer digital terrestrial channels and Internet-delivered TV services via a set top box connected to the TV set. It hopes to launch next year.

Chandratillake told the summit he believed YouView had a better chance of success than efforts by others such as Google (GOOG.O) and Microsoft (MSFT.O) to break into the TV market because its backers were mostly broadcasters and therefore understand TV.

"It feels like a better stab than almost anyone else has had so far," he said.

Blinkx has indexed more than 35 million hours of audio, video, viral and TV content using patented search technology. It generates ad revenue at the search stage and then also within the playback if the video is shown on its own site or on one of its partners' sites.

The company is moving into the emerging mobile and tablet video online market, and said earlier on Wednesday that its video app for the android operating system, which is already available on Samsung's (005930.KS) Galaxy S smartphone, had been selected for Samsung's Galaxy Tab device.

Chandratillake said advertisers were not yet willing to spend money on mobile and tablet video advertising, but said he expected that to change.

"Most people look at the (tablet) platform as being too early and they don't understand it yet," he said.

"It's a bit like mobile, but there are a few people who advertise on it and the rates are slightly higher."

Blinkx was also willing in the future to charge for content, he said, and the most likely platforms for this would be TV and mobile, as consumers are already used to paying for content.

"We're not (selling any content to end users yet) because on the Web it's all based on advertising, but the point is we have the agreements in place should we decide to charge for content on these other platforms in the future," he said.

from Reuters