RCS - Blackbird PLC - Blackbird expands to 80 US TV stations

BlackbirdAnnouncement

03/12/2021 07:00

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RNS Number : 2912U  Blackbird PLC  03 December 2021

3 December 2021
                               Reach non-regulatory
announcement*

 

Blackbird plc (the "Company")

 

Blackbird and TownNews expand to 80 US TV stations

 

Moline, Illinois and London - Blackbird plc (AIM:BIRD; OTCQX:BBRDF), the
technology licensor, developer and seller of the market-leading cloud native
video editing platform, Blackbird (http://www.blackbird.video/) , announces
today that Blackbird is now being used by a total of 80 US TV stations for
digital news production following TownNews' (https://townnews.com/) latest
deployment. This is the seventh expansion of Blackbird by TownNews since the
partnership began in 2018.

Video production teams at the 80 US TV stations use Blackbird collaboratively
to remotely access, edit and publish news content fast to social, web and
other digital platforms. When paired with TownNews' Field59 VMS, the latest
news stories can be delivered to viewers with unbeatable speed and control
using Blackbird's browser-based, easy-to-use and carbon efficient cloud native
video editing platform. US TV stations using Blackbird span 35 states.

Over 390 local TV stations in the US produce approximately six hours of news
content per day with the industry generating nearly $31 billion in revenues
annually. With an estimated 86% of US adults now regularly sourcing their news
from digital devices, millions of viewers in the US consume content through
the Blackbird and TownNews' Field59 VMS platform.

Blackbird drives awareness, monetization and efficiencies for brands in
the sports, news, entertainment and enterprise sectors.  Customers include
Univision, IMG, Tata Communications, Sky News Arabia, EVS, A+E Networks,
Eurovision Sport, BT, NHL, Cheddar News, Riot Games, the U.S Department of
State and 80 US TV stations with TownNews.

 

Enquiries:

 

 Blackbird plc
 Ian McDonough, Chief Executive Officer
 Adrian Lambert, Chief Marketing Officer

 Tel: +44 (0)20 8879 7245

 Allenby Capital Limited (Nominated Adviser and Broker)

 Nick Naylor/Piers Shimwell (Corporate Finance)

 Amrit Nahal (Sales and Corporate Broking)

 Tel: +44 (0)20 3328 5656

 

About Blackbird plc

 

Blackbird plc operates in the fast-growing SaaS and cloud video market. It has
created Blackbird®, the world's most advanced suite of cloud-native computing
applications for video, all underpinned by its lightning-fast codec. Blackbird
plc's patented technology allows for frame accurate navigation, playback,
viewing and editing in the cloud. Blackbird® enables multiple applications,
which are used by rights holders, broadcasters, sports and news video
specialists, esports, live events and content owners, post-production houses,
other mass market digital video channels and corporations.

Since it is cloud-native, Blackbird® removes the need for costly, high end
workstations and can be used from almost anywhere on almost any device. It
also allows full visibility on multi-location digital content, improves time
to market for live content such as video clips and highlights for digital
distribution, and ultimately results in much more effective monetisation.

Blackbird plc is a licensor of its core video technology under its 'Powered by
Blackbird' licensing model. Enabling video companies to accelerate their path
to true cloud business models, licensees benefit from power and carbon
reductions, cost and time savings, less hardware and bandwidth requirements
and easy scalability.

www.blackbird.vide (http://www.blackbird.video/) o
(http://www.blackbird.video/)

www.linkedin.com/company/blackbird-cloud
(http://www.linkedin.com/company/blackbird-cloud)

www.twitter.com/blackbirdcloud (http://www.twitter.com/blackbirdcloud)

www.facebook.com/blackbirdplc (http://www.facebook.com/blackbirdplc)

www.youtube.com/c/Blackbirdcloud (https://www.youtube.com/c/Blackbirdcloud)

 

 

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