Seen (SEEN)

Sector:

Media

Index:

FTSE AIM All-Share

 27.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 50.50
  • 52 Week Low: 27.00
  • Currency: UK Pounds
  • Shares Issued: 49.96m
  • Volume: 0
  • Market Cap: £13.49m
  • RiskGrade: 237

Entertainment AI releases 'CreatorSuite', changes name to Seeen

By Josh White

Date: Tuesday 30 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Social media video platform provider Entertainment AI announced the release of its 'CreatorSuite' product on Tuesday, as well as its name change to 'Seeen', with the ticker symbol SEEN, in a bid to "better reflect" its technology brand and the initiation of commercial product releases.
The AIM-traded firm said it had chosen the name Seeen as its technology and social media platform was designed to allow creators and brands the ability to ensure relevant content was seen by viewers.

It described Seeen as a social app that allows people to pinpoint and save from within a video the "most memorable, extreme, emotional, educational, impactful and funny moments" from their chosen video creators.

Consumers could use saved moments by adding them to their personal channels, and then taking actions, such as purchases.

As noted in the group's first quarter trading update, the company was seeking to establish its brand presence and communications strategy coincident with the releases of its technology solutions for "momentizing" online video.

It said CreatorSuite would address content creator demand for more revenue per thousand views and, during the third quarter, the release of 'BrandSuite' would address business-to-business demand for higher digital ad yield, with 'Contextual Commerce' set to address both brand and consumer demand for "shoppability".

"We are coming to market at the right time," said chairman Dr Patrick DeSouza.

"When we formed Seeen during the second half of 2019, our team, investors and strategic partners all recognized the coming next wave for the global media industry - short form video on mobile devices as the dominant mode of creator expression and personal consumption and the need for brands to target such video consumers."

Dr DeSouza said that wave was not coming, but was now here, accelerated by the Covid-19 pandemic and lockdown policies that had affected consumer behavior.

"We are ready to launch a series of products at the right time and look forward to creating a significant company based on 'momentizing' video as a new currency for consumer behavior."

At 1100 BST, shares in Entertainment AI were flat at 27p.

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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.

 

Seen Market Data

Currency UK Pounds
Share Price 27.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 50.50
52 Week Low 27.00
Volume 0
Shares Issued 49.96m
Market Cap £13.49m
RiskGrade 237

Seen Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.89% above the market average53.89% above the market average53.89% above the market average53.89% above the market average53.89% above the market average
57.69% above the sector average57.69% above the sector average57.69% above the sector average57.69% above the sector average57.69% above the sector average
Price Trend
83.28% below the market average83.28% below the market average83.28% below the market average83.28% below the market average83.28% below the market average
72.88% below the sector average72.88% below the sector average72.88% below the sector average72.88% below the sector average72.88% below the sector average
Income Not Available
Growth Not Available

Seen Dividends

No dividends found

Trades for --2021

Time Volume / Share Price
0 @ 0.000p

Seen Key Personnel

CFO Adrian Hargrave

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