19 December 2024
Blackbird plc
(the "Company")
Product and deal renewals
update
Ian McDonough, CEO of Blackbird plc (AIM:BIRD),
the technology licensor, developer and seller of market-leading
cloud native video editing platform, Blackbird, and developer
of the online collaborative video editing and content creation
platform, elevate.io, gives an investor update (via
video):
Your
browser does not support HTML5
video.
In the video update Ian McDonough makes the
following points:
elevate.io:
·
features and functionality are being added to elevate.io at
pace. These include:
Ø the addition of
Social Sign On ("SSO") through Google which now accounts for over
50% of new sign ups;
Ø elevate.io now also
supports the Microsoft Edge browser as well as Google Chrome.
Microsoft Edge is important as this is most used browser in the
corporate world;
Ø the timeline in
elevate.io can now be resized to ease the addition of more video
and audio tracks for more complex projects;
Ø clips can be copied
and pasted and duplicated on the elevate.io timeline;
and
Ø list view improves
the project management capabilities;
· the
elevate.io website, which is the main face to the market, has been
updated including a new features page. This has led to an uptick in
feature usage; and
· the
payment gateway for elevate.io is on track for delivery in Q1
2025.
Blackbird:
·
there have been some key customer renewals recently,
including:
Ø FIFA has been secured
for a further two years
Ø a further three-year
renewal for a global financial news organisation
Contacts:
Blackbird
plc
Tel: +44 (0)20 8879 7245
Ian McDonough, Chief Executive
Officer
Stephen White, Chief Operating and Financial
Officer
Allenby Capital
Limited (Nominated Adviser and
Broker)
Tel: +44 (0)20 3328 5656
Nick Naylor / Piers Shimwell (Corporate
Finance)
Amrit Nahal / Guy McDougall (Equity Sales and
Corporate Broking)
About Blackbird plc
Blackbird plc operates in the fast-growing
SaaS, Media and Entertainment and content creation markets.
Blackbird plc's patented technology allows for frame accurate
navigation, playback, viewing and editing in the cloud and it has
two products.
BlackbirdⓇ a market leading suite of cloud-native
computing applications, is used by rights holders, broadcasters,
sports and news video specialists, live events and content owners,
post production houses, other mass market digital video channels
and corporations.
elevate.io is the company's new online
collaborative content creation platform currently in general
release. elevate.io is built using
Blackbird's core technology and is aimed at professional teams and
the fast growing Creator Economy.
Blackbird plc also licences its core video
technology, under its 'Powered by Blackbird' licensing model,
enabling video companies to accelerate their path to true cloud
business models.
www.blackbird.video
www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.facebook.com/blackbirdplc
www.youtube.com/c/blackbirdcloud
www.elevate.io
