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"In October 2018, we announced the creation of a new board role of Chief Operating and Financial Officer.
Stephen White who is currently VP Finance at Comcast's NBC Universal's Networks Division has been appointed to the role.
He is expected to join the Board in early April 2019 (and will replace Jonathan Lees.)"
Stephen White joining is a significant move and his contacts must have a significant bearing on the sales potential for the next 12-18 months. He must surely give alot of credibility to the company and product during talks with the West Coast "media giants", "movers and shakers"
"We have hired two new Strategic Accounts Directors.
Oliver Parker will be responsible for Europe, the Middle East and Africa ("EMEA") and Daniel Webster for the Americas.
Oliver and Daniel are supported by two new pre-sales and technical experts George Maddocks and Robert Clements in their respective territories in Wimbledon and Los Angeles.
Rachel Darcy, the UK Sales Director, left the Company in February 2019 as part of the restructuring."
Well IM is doing his part..his job....I mean more the investors, ,punters ...who need to back the horse in the race
Anyway....the business will hopefully speak for itself in the not so distant future ...
So IM now needs to get this back on the radar, but only if the tech is good and company cab go places? not on radar = not good SP.
more big contracts required!
I suspect those that bought in the 3-5p range were mostly holders averaging down...rather than many "new" investors..
This seems be to off the radar and hidden amongst the masses of AIM choices ...
watched this space for a couple of years now, yes SP has recovered as of late been down in the 3s so the lucky ones who got in down there are over 100% up it seems to get late 7s then goes back to early 7s so good news required for any new investors to trade this.
* team ...jeez
I am not a price speculator ...but...IM has bought 3 million shares and he has family invested too.....
He chose to take up the job, and over time bought 3 million shares and has put in 110% effort to get the tram and product image in place ...
Make of that what you will ....with regards the next 12 months
so we could see double figures if things go to plan in 12 months? 30% rise better than money in the bank,
will watch for next update. lets see
* 12-18 month period
Missed the boat ?
I would say that you have missed the lows ...but not the potential...
The next announcement will be the results ...and of course the state of the accounts ....reduced losses, improved incomes ....amount of cash on the balance sheet ...
The main decision to make is whether you think those bigger, committed contracts are going to come through at some point this year...
I think we are in a very crucial 12-18 period for Blackbird.... with regards the "make or break " contract situation
The Olympics next year and it would be exciting if Blackbird could finally make it to be part of that ....
IM is doing a good job, he has a good team , ...everything is there...just the ability to cross the line and get a decent contract from a bigger player on the West Coast of the US ....
mystic Pokerchips.
wheres it going next mate? I have I missed the boat?
" This agreement is Forbidden's first multi-year contract with IMG, worth a six-figure sum over the term.
It is also material in the current financial year, as there are additional one-off Blackbird Edge upgrades. "
Let's see what response the SP gives in the days ahead
Added few today.....Blackbird will continue to be adopted,and even bigger contracts will follow....IMHO.
https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/FBT/13989805.html
on here as of late, whats the new financial officer up to has he no news to announce? we must be due some
“Blackbird is gaining real traction in the US.
Last year, we announced TownNews had selected Blackbird to provide production infrastructure to Meredith Corporation’s 17 regional news networks and we have growing adoption in the sports industry, including eSports. Blackbird was chosen for the live pro-celebrity ‘Fortnite’ event in Los Angeles and is being extensively used in the live clipping of major US and European sports by Deltatre and others.”
Peloton will use Blackbird to edit all the daily rides given by its cycling instructors from its two state-of-the-art studios in New York and one in London.
Peloton holds cycling classes of up to 35,000 riders globally at any one time.
Once finished, the videos are delivered immediately to the extensive on-demand video library housed on the Peloton app and website for Peloton’s vast global cycling community to access.
The selection of Blackbird comes as Peloton has announced plans for expansion.
Blackbird was selected not only for its agility and speed in the Cloud but also for the personalized way it can handle audio tracks which is an integral part of the Peloton experience.
Blackbird will bring Peloton significant efficiencies as it manages video from three state-of-the-art studios and we hope to expand our relationship as they grow.
The conversion of live video into on-demand content for extended use is a critical requirement for a multitude of sectors and Blackbird has proven it is perfectly suited to meet this growing need.
https://www.blackbird.video/news-articles/cycling-and-fitness-sensation-peloton-selects-blackbird-to-edit-its-virtual-classes/
Happy customer for the growing list of clients who choose to adopt Blackbird....well done BOD.
Blackbird Twitter.
"Delighted to announce that our partner, @Microsoft, has invited us to exhibit on their booth at @NABShow from 8-11 April. Blackbird was recently granted co-sell ready status by Microsoft. More details about our presence at NAB to follow in the coming weeks. @Azure @msPartner "
Indeed FBT1,
The demand for video is huge across Sports,News, Documentary,TV shows etc ...but the winnders will be those that can keep costs under control and channel funds into programme making rather than the huge expense and time constraints of post editing and content packaging
...The product that the guys who want to be ahead of the crowd are using is...Blackbird ...either themselves or via their clients in the services they are providing
2020 is an Olympic year and the key first year of 5G services ...
2019 will one hopes be the year that Ian and the team finally secure the key deals that they have worked for and 2020 will be the year when the real income starts to role in
IMO ...DYOR
Gervais Williams from Miton Group thinks so as well.
Would like to buy more but can’t as already owns 20% of FBT.
https://www.pressreader.com/
Why wouldn’t you be.
New CEO seems to know what he’s doing, and has heavily invested.
He obviously believes FBT’s time has come.
The video space is massive, and everyone is trying to position themselves, and migrate their workflows to the cloud.
FBT’s problem was that they were way ahead of the crowd in terms of cloud adoption, but now it’s happening.
Microsoft obviously believe they have fantastic tech, and that’s why they have given them co - sell status.
Exciting times ahead. IMHO.
3 big buys this afternoon, each of 147,000 shares.