Ansearch Media secures exclusive Australian representational rights to blinkx Ansearch Media Limited (ASX: ANH) today announced it had acquired exclusive Australian advertising representational rights to the world’s largest and most advanced video search engine: blinkx plc (LSE AIM: BLNX). blinkx is the greatest single source of rich media web content available, out-performing even Google and Yahoo! The deal makes Ansearch Media the only destination for Australian advertisers and agencies wishing to target Australian traffic to blinkx, and sees Ansearch address the huge demand for video advertising opportunities in the wake of surging web video usage. It also strengthens Ansearch’s leadership in delivering clients quality international websites with high volume Australian traffic. Australian internet users spend more than 51 per cent* of their time visiting international sites, however, this skew is not reflected in current domestic online media spend, which is heavily focused on local sites. By offering such sites to Australian agencies and advertisers, Ansearch delivers costeffective advertising opportunities to a larger Australian audience over a varied range of online interests. Ansearch chief executive officer, David Burden, said: “Clients constantly lament the shortage of inventory for video advertising, and there’s a good reason such opportunities are in hot demand. “Video delivers the audience at the point of peak engagement and makes for highly effective, measurable campaigns. “With exclusive Australian rights to blinkx, Ansearch addresses that need and is another example of how we’re leading the market in providing Australian advertisers with the world’s best internet sites.” Mr Burden added: “Advertisers can target key word search results with pre-roll video and display advertisements as well as take advantage of customised advertising and sponsorship based around video search.” And he noted the blinkx agreement came just weeks after Ansearch announced the dramatic expansion of its international online publisher network, enhancing its compelling and distinct offering to agencies, media buyers and advertisers. blinkx is the world’s largest single index of rich media web content, delivering more content from a broader range of sources than either Google or Yahoo! blinkx boasts an index of more than 26 million hours of searchable video and more than 350 international media partnerships. According to Hitwise, blinkx’s market share for video search is now ten times higher than a year ago)**, as users increasingly turn to blinkx to find video content ranging from premium high definition movies and sports, to breaking news and top quality niche content. blinkx pioneered internet video search, developing an engine based on technology conceived at Cambridge University, enhanced by US$150 million in research and development and protected by 111 patents. Blinkx powers search for three of the world’s top five search providers including Ask, Dogpile, Lycos and Looksmart. Unlike other multimedia search engines that attempt to re-purpose technology built for the text web, blinkx uses a unique combination of patented conceptual search, speech recognition and video analysis software to efficiently, automatically and accurately find and qualify online video. All of this content is now available to users with an unprecedented degree of flexibility and personalisation. At www.blinkx.com, users can search for video content, create personal video playlists, or build a customised video wall for their blog, MySpace or Facebook page. *Source: Hitwise based on 12-week period ending 10 May 2008 **According to Hitwise Intelligence, traffic to blinkx has increased steadily over the past year. For example, its market share of visits for the week ending May 10, 2008 was 10 times higher than the same week in 2007. eMarketer – which benchmarks US online advertising spending projections against the Interactive Advertising Bureau IAB/PricewaterhouseCoopers data – estimates online video advertising spending as a percentage of total internet spend will quadruple from 2.4 per cent in 2006 to 9.8 percent in 2011. The IAB’s most recent Internet Advertising Report (May 2008) revealed online ad revenues in the US reached US$21.2 billion in 2007, an increase of 26 per cent for the year. Meanwhile, market research firm ABI Research forecasts the number of people who access video via the web will nearly quadruple from current levels and reach at least one billion in 2013. Contacts – Ansearch Limited: David Burden CEO Ph: + 61 3 8695 9164; 0407 44 33 44 Email: [email protected] Damian Element CFO/Company Secretary Ph +61 3 8695 9104; 0416 286 642 Email: [email protected] Background information continues over the page About
ANH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.