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Blackbird PLC - London-based technology licensor, developer and seller of a cloud video editing platform - Announces new Creator software-as-a-service end-to-end creation tool, elevate.io. Says digital content creation market size was USD20 billion in 2022, and is expected to grow to USD181 billion by 2032.
Chief Executive Officer Ian McDonough says: "We aim to take powerful video content creation functionality to the web with multi-player collaboration in real time, an area which is hugely underserved. It will be a tool, not a toy, appealing to both professionals and content creators. elevate.io has a unique set of disruptive features and is designed to solve tangible problems for the fast growing Creator economy."
Current stock price: 10.33 pence, up 0.7%
12-month change: down 47%
By Sabrina Penty, Alliance News reporter
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