TIDMBIRD
Blackbird PLC
18 November 2021
18 November 2021 *Reach non-regulatory announcement
Blackbird plc (the "Company")
Blackbird wins Best Tech Company 2021 Award
London - Blackbird plc (AIM:BIRD, OTCQX: BBRDF), the technology
licensor, developer and seller of the market-leading cloud native
video editing platform, Blackbird, announces that it has won the
'Best Tech Company 2021 Award' at the SportsPro OTT Awards.
The prestigious SportsPro OTT Awards are dedicated to sports
focused OTT, streaming and video production - recognising
organisations and individuals pushing boundaries and innovation in
the fast-paced broadcast media industry. A high calibre panel of 72
judges drawn from international rights holders, broadcasters and
technology providers selected winners across 14 categories.
Crowning Blackbird 'Best Tech Company 2021', SportsPro, said:
"This award recognises the company that's driving the growth and
disruption of the sports OTT industry via the use of technological
innovation. Judges awarded Blackbird the top prize as they felt
that the company managed to evolve their user experience to meet
customer needs while paying attention to their carbon footprint,
and that they have spearheaded the revolution in remote editing.
The judges also mentioned how impressive it is that it has been
used by such a wide range of sports!"
Blackbird won the award after another strong year of expansion
which has seen the Company rapidly build on its 45% revenue growth
in 2020. Blackbird has announced a string of new contract wins this
year with leading organisations including BT Sport, Univision,
Eurovision Sport, EVS and Cheddar News. Strategic technical
partnerships have been built with fellow industry leaders and
pioneers such as LiveU, Newsbridge, TVU Networks and Streann
Media.
In September, Blackbird launched its core video technology
licensing solution, 'Powered by Blackbird', to enable advanced
cloud native functionality and drive major efficiencies for video
companies. The launch came soon after Blackbird announced a 5-year
technology licensing deal with a global broadcast company.
Blackbird is leading the campaign to dramatically reduce carbon
emissions within the video production industry. Earlier this year,
the Company launched a carbon awareness study titled - 'Video
Shouldn't Cost the Earth' - in collaboration with environmental
management consultancy Green Element. The study highlights that
cloud native Blackbird generates up to 91% less carbon emissions
than on premise and cloud-based video editing workflows. In July,
Blackbird was awarded the London Stock Exchange's Green Economy
Mark in recognition of its work in contributing to the green
economy - just 2.5% of UK listed companies have been given this
esteemed award.
Blackbird plc CEO, Ian McDonough, added: " We are thrilled to
have won this major industry recognition from such a strong field
of tech companies whom we admire. The judging panel called out our
drive to both grow and disrupt through innovation - this is very
much in our DNA with the business holding multiple patents around
its technology. Similarly the recognition that we are reducing the
carbon impact of our client base is hugely important to us as the
media industry must lead in this area by example."
Blackbird drives awareness, monetization and efficiencies for
brands in the sports, news, entertainment and enterprise sectors.
Customers include Univision, Tata Communications, EVS, IMG,
Deltatre, Sky News Arabia, A+E Networks, BT, NHL, Eleven Sports,
Cheddar News, Riot Games, the U.S Department of State and 75 local
US news 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(R), 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(R) 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(R) 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 o
www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.facebook.com/blackbirdplc
www.youtube.com/c/Blackbirdcloud
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END
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