BlackBird (BIRD)

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IT Services

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FTSE AIM All-Share

 5.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 13.00
  • 52 Week Low: 5.25
  • Currency: UK Pounds
  • Shares Issued: 387.08m
  • Volume: 606,876
  • Market Cap: £22.26m
  • RiskGrade: 281

Forbidden Tech expands partnership with TownNews network

By Josh White

Date: Monday 25 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Cloud video platform technology company Forbidden Technologies announced on Monday that TownNews.com has "significantly expanded" its partnership with Forbidden's Blackbird technology in the US market.
The AIM-traded firm said Blackbird Forte would be used extensively by one of TownNews.com's major partners to deliver news content across multiple platforms to towns and cities in 11 states across the US.

At the heart of the integration was Blackbird, which the board said it believed to be the only codec specifically designed for manipulating video in the cloud.

It said Blackbird gave TownNews.com's partner the ability to rapidly access, navigate and manipulate content independent of location.

They could then deliver stories with "unprecedented control" using Blackbird Forte's browser-based enrichment, editorial and publishing tools.

Forbidden said it had agreed a "significant six-digit two-year deal" with TownNews.com for the licensing of Blackbird for use in its media broadcast infrastructure.

TownNews.com provides more than 1,700 newspaper, broadcast and magazine publications in the US with web, print, mobile and social media services and solutions.

"This expansion of Forbidden and TownNews.com's partnership is a very exciting development for both companies," said Forbidden Technologies chief executive Ian McDonough.

"This rollout is the first true execution of Forbidden's OEM strategy for Blackbird."

McDonough said Blackbird would be a "key part" of the infrastructure across US news channels in 11 states.

"This is a key step in taking Blackbird deployment to a whole new scale.

"Our recent fundraising allows us to execute and support partnerships of this size to a world class standard."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BlackBird Market Data

Currency UK Pounds
Share Price 5.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 13.00
52 Week Low 5.25
Volume 606,876
Shares Issued 387.08m
Market Cap £22.26m
RiskGrade 281

BlackBird Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average
75.82% below the sector average75.82% below the sector average75.82% below the sector average75.82% below the sector average75.82% below the sector average
Income Not Available
Growth
36.32% below the market average36.32% below the market average36.32% below the market average36.32% below the market average36.32% below the market average
34.12% below the sector average34.12% below the sector average34.12% below the sector average34.12% below the sector average34.12% below the sector average

BlackBird Dividends

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Trades for 03-May-2024

Time Volume / Share Price
16:14 10,000 @ 5.51p
13:30 176,708 @ 5.65p
13:43 102,494 @ 5.64p
13:37 17,000 @ 5.51p
13:37 50,000 @ 5.50p

BlackBird Key Personnel

CEO Ian McDonough

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