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Product and deal renewals update

Product and deal renewals update.

articleBlackbird PlcDecember 19, 20245/news/product-and-deal-renewals-update
Product and deal renewals update

About this update from Blackbird Plc

19 December 2024   Blackbird plc (the "Company")   Product and deal renewals update     Ian McDonough, CEO of Blackbird plc (AIM:BIRD), the technology licensor, developer and seller of market-leading cloud native video editing platform, Blackbird,  and developer of the online collaborative video editing and content creation platform, elevate.io, gives an investor update (via video): Your browser does not support HTML5 video.     In the video update Ian McDonough makes the following points:   elevate.io: ·    features and functionality are being added to elevate.io at pace. These include: Ø the addition of Social Sign On ("SSO") through Google which now accounts for over 50% of new sign ups; Ø elevate.io now also supports the Microsoft Edge browser as well as Google Chrome. Microsoft Edge is important as this is most used browser in the corporate world; Ø the timeline in elevate.io can now be resized to ease the addition of more video and audio tracks for more complex projects; Ø clips can be copied and pasted and duplicated on the elevate.io timeline; and Ø list view improves the project management capabilities; ·    the elevate.io website, which is the main face to the market, has been updated including a new features page. This has led to an uptick in feature usage; and ·    the payment gateway for elevate.io is on track for delivery in Q1 2025.   Blackbird: ·    there have been some key customer renewals recently, including: Ø FIFA has been secured for a further two years Ø a further three-year renewal for a global financial news organisation   Contacts:   Blackbird plc                                                                                     Tel: +44 (0)20 8879 7245 Ian McDonough, Chief Executive Officer Stephen White, Chief Operating and Financial Officer   Allenby Capital Limited (Nominated Adviser and Broker) &nbs...

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