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I fear that some investors are looking at past game changing technology... the spinning jenny, the combustion engine, the PC. In the markets that are the FBT targets if you don't convert to cloud you may be so uncompetitive within two years you will not be around.
The presentation yesterday confirms that Apple see video/picture transmission as central to its future growth.... but there was deafening silence on how it will facilitate a satisfactory consumer experience. A brief search of the web shows a very large volume of complaints about slow download speeds, frequent buffering etc in one case a 2 hr film was reported as taking 6 hours to download. An expert observed Apple's iTunes streams use older codecs which is the main cause of the problem. If that is still the case there seems to be an opportunity for a codec that can do things faster and more reliably...
I don't think he would have joined if he was offered options at a higher price than the current market value.
we must be very near the tipping point: total disaster or triumphant success. We have the product, we have the CEO, we have the technical expertise for future development... but what we lack is paying customers. Not every product that is the best succeeds if it is up against inferior products backed by mega money. But here FBT seems to be in a very clear lead in terms of technology. They need about three decent wins and then the market will turn. AVID will be history as will almost everybody else based on non Cloud technology. It's like an avalanche. The cause is obvious but nobody sees it until it happens. Here it could be the BBC, another US major player or somebody. nobody has considered but is a big player in the world market. I think we could be another Apple... unless of course this is recognised and a bid is made.
... Schroders again? 350K and 350K will take them down below 15%
No, I blinked and missed it... I wonder how many other clips have escaped attention?
appears to be on its way out. I wonder what it's replacement will look like? https://www.engadget.com/2017/08/28/final-cut-pro-7-wont-launch-macOS-high-sierra/?ncid=txtlnkusaolp00000618
http://www.forbidden.co.uk/2017/08/22/javascript-video-player/
are always encouraging when they are on the rise. So am I right to be worried when the signs are that all of the trades going back weeks are off order book? 4 Traders for example has been showing zero volume for weeks yet price movements reflecting off book transactions presumably. Why should the shares be listed if nothing at all is on book? Why not save the expense? But off book sales are even more lightly regulated than the very light touch AIM sales so how much can they be trusted? I am on the point of asking the LSE to look at this and if they don't give a satisfactory answer I expect my MP to raise the matter when he eventually returns to get on with his day job.
My eye was caught this morning by: https://www.thetimes.co.uk/edition/business/apple-and-facebook-earmark-billions-for-big-budget-video-streaming-gj5qxnwlp Living in a part of the country where broadband is quite often slow or delivers a service which is pixelated when watching a film or video I wondered whether the Java announcement and the above might be good news for end users? No pint in spending billions if the end user cannot get a satisfactory product.
Forbidden makes a strategic move to JavaScript Forbidden Technologies plc (AIM: FBT) is pleased to announce the first JavaScript implementation of its core cloud Video Library "VidLib", used as part of the Forscene platform. Forbidden's first video player used Java to run on "out of the box" computers, enabling products to work immediately without the requirement for installation or configuration. Increasingly, Java's browser role is fulfilled by JavaScript, which is widely available on PCs, Macs and mobile devices. VidLib, the core of the Java-based Forscene cloud video editor, downloads, renders and plays back edits in real time during editing. As an enabling standard, JavaScript enables wide ranging capabilities. VidLib is now being converted to run in JavaScript, allowing it to benefit from JavaScript's flexibility, and become more widely available to a number of different devices and operating systems. Forbidden's first VidLib application is a video player - the Blackbird Player ("Player"). This has a number of strong features including Forbidden's patented Video Waveform navigation system, high performance jog and shuttle, and playback at multiple speeds. The Player can also render and play Forscene edits in real time. Forbidden's second JavaScript VidLib application is a frame accurate clipping tool. Benefiting from all the features of the Blackbird Player, the Blackbird Clipper ("Clipper") enables frame accurate clipping of shots from live or pre-recorded videos. Clips can be saved for later use, or simply published using the Forscene Platform's publishing infrastructure. Beta versions of the Player and Clipper are available to Forscene beta testers.
If it is MSG they have some interesting links to businesses other than the arena: On August 17, 2016, MSG acquired a 12% stake in digital media, broadcasting, and events company Townsquare Media from GE Capital. On July 31, 2017, MSG acquired a controlling stake in professional video gaming team Counter Logic Gaming.
As saintpeter7 rightly notes the notice of the impending half year results was given on Thursday 18th August last year so, if they are running to time, a similar RNS should be issued today or tomorrow. I have a gut feeling, however, that it will be delayed until one or more "good news" items are firmly in the bag. Even if the results are well ahead of the equivalent 2016 figures the danger is that the market will respond with a drop as much of any rise could be attributed to the deferred income created by the efforts in 2016 and not to anything they have done this year. After all the big contracts that they seem to be targeting take a lot longer to land. They will not want to antagonise Miton, Schroder and doubtless many PIs any more than they have done already by promising more jam tomorrow but little or nothing positive today.
I don't think a degree is needed but getting an understanding of the basics is sensible. After all I don't need to know how electricity works but it helps if I know where the on switch is and that it powers heaters, ovens, lights, computers etc. The Cloud is a disruptive and transforming technology just like the combustion engine was in the 20th Century. I can't say where it's going to lead but the signs are that the businesses who say it will never work, it's too complicated etc etc will soon join the dinosaurs. FBT was early, perhaps much too early, but it has a product that is specifically designed for the Cloud and not old product adapted or modified. JKs paper clearly shows the potential gains but I think large users will not switch until they are confident in the product hence the PoC and the Pilot. But once proven it will move very quickly. For example film makers who sell to the terrestrial broadcasters and cable will find the budgets they are given falling on the assumption that if Forscene is used costs are cut sharply. Why pay £1 when you can pay 70p?
Well spotted FBT1. Interesting to have Forscene in use at both ends. It must be good news as GFIN marked down in early trading! I suppose as FBT wins more users this type of report issued by 3rd parties is going to be more common. It makes spotting price sensitive information more difficult as FBT may well have an open ended contract that permits higher use so there would be no hook on which to hang an RNS - FBT is simply the potential recipient of part of another company's good fortune in winning a contract.
far outweighed purchases today but following the usual FBT logic the price stayed rock steady. HL showed an uncategorised transaction at a price that strongly suggests a purchase last thing yesterday... perhaps somebody is trying to build a stake
http://www.digitalmediaworld.tv/editing/1069-shine-tv-hunts-down-the-hunted-with-forscene In May 2014, Apollo and 21st Century Fox announced a joint venture to combine 21st Century Fox's Shine Group and Apollo's Endemol and CORE Media Group. The transaction was completed on December 17, 2014. Both Apollo and 21st Century Fox owning 50% of the joint venture called, "Endemol Shine Group" that took place on January 1, 2015. So Shine TV is a bridge into all of the Murdoch companies and into Endemol/Core Media ~ it's always easier to sell to a group if one of the companies already uses and rates the product.
Given FBTs links with Deltatre in the UK the obvious candidate is Bruin Sports Capital. I take comfort from the fact that, whoever the company is, this announcement was made by an RNS, which is issued when, if made public, the news would be likely to lead to substantial movement in the price of its listed securities. So the paid for trial should be worth at least £80K
It's not certain that they have stopped using Forscene. The camera footage still has to be shot, edited, collated and referenced before broadcast, so Forscene still has a pivotal role . IBM Watson is supposed, independent of human intervention, to pick the footages that the audience will find most interesting... but clearly has some very significant shortcomings based on the feedback from its target audience. If it is right that they have cut back substantially on the Day 3 Watson coverage it suggests the upgraded Watson is in real trouble.