17th Feb 2009 08:12
blinkx Advances Lead in Online Television, Achieves New Growth Milestones in Audience
World's Fastest Growing Video Search Engine Surpasses 35 million hours of content, attracting over 69 million unique users in December 2008 to www.blinkx.com
SAN FRANCISCO, CALIF. - February 17, 2009 - blinkx, the world's largest video search engine, today reached new growth milestones: attracting over 69 million unique users to its flagship consumer website in December, blinkx is the fastest growing single point of access to the largest and most diverse array of rich media content on the Web.
Recognized as the fastest growing video search site on the Web by both Comscore and Hitwise in 2008, and currently processing over 7 million search queries daily, blinkx is the most effective video search engine on the Web. Over the past year, the blinkx content portfolio has expanded to cover over 35 million hours of content, including professionally-produced video content from more than 450 leading media companies, including Getty Images, People.com, Encyclopaedia Britannica, Time Inc. and many more.
"blinkx, and its flagship website www.blinkx.com, experienced monumental growth in 2008, and we expect this trajectory to continue this year, catalyzed by the unique search enhancements recently added to www.blinkx.com, which have already been extremely well received by our audience," said Suranga Chandratillake, founder and CEO. "We see 2009 as a year of tremendous potential: the recent commitment to broadband accessibility by the Digital Britain initiative, coupled with the growing number of top tier media companies and broadcasters who are distributing their content on the Internet, have come at a time when demand for rich media online is at an all time high, and our viewership is increasing faster than ever before. These factors, combined with the increased availability of high quality online video, have laid the foundation for us to cement www.blinkx.com as the premier destination for online TV and video. We will continue strong investment in both our brand and technology to capitalize on this perfect storm of opportunity."
In the past year, blinkx has more than doubled the size of its advertising sales team to meet the ever growing demand for contextual video advertising on the Web. blinkx's unique, highly innovative video advertising platform, blinkx AdHoc, combined with its industry-leading index of professionally produced video content has attracted leading brand advertisers including Coke, Exxon, and Mercedes.
As the pioneer in video search technology, blinkx has built a reputation as the smartest way to search new forms of online content such as video. With more than 450 partners and 35 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech-recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.
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.
Press Contacts for blinkx:
Tim Turpin
Sparkpr
+1 (415) 321 1894
Edward Bridges / Charlie Palmer / Haya Chelhot
Financial Dynamics
+44 20 7831 3113
NOMAD for blinkx
Charles Lytle
Citi
Related Shares:
RTHM.L