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BLACKBIRD PLC

M&A Activity Jun 19, 2019

7521_rns_2019-06-19_f353452d-fbae-4f1b-975c-27c5a7f41a43.html

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National Storage Mechanism | Additional information

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RNS Number : 6793C

Blackbird PLC

19 June 2019

19 June 2019

Blackbird plc

("Blackbird" or the "Company")

Blackbird signs A+E Networks

Blackbird plc (AIM: BIRD), developer and seller of market-leading cloud video platform Blackbird, is pleased to announce that it has agreed a significant six-figure, multi-year deal with A+E Networks.

A+E Networks, a joint venture between Hearst Communications and Disney, will incorporate Blackbird within its media infrastructure for a range of key video workflows. The use of Blackbird is designed to deliver major productivity enhancements across A+E Networks' business.

A+E Networks has a portfolio of global brands that includes A+E, History, Lifetime, Lifetime Movies, fyi and Viceland. The integration of Blackbird will enable A+E Networks' vast video library to be rapidly ingested and accessed in the cloud. Executives, producers, editors, marketers and others within A+E Networks will be able to view, edit and enrich content from anywhere, on any device. Blackbird will significantly accelerate the visibility, immediacy and management of A+E Network's video archive for the repurposing of content.

Blackbird will also enable live clipping workflows. With the growth of live video aired across its portfolio, A+E Networks can quickly deliver content highlights to social media channels. In addition, the Blackbird Review app enables A+E Networks to review, comment and approve video content on handheld devices.

The agreement with A+E Networks continues Blackbird's growth across North America and internationally. It follows recent deals with Peloton, MSG Networks, Deltatre, IMG, NRL and TownNews.

Contacts:

Blackbird plc Tel: +44 (0)20 8879 7245
Ian McDonough, Chief Executive Officer
Adrian Lambert, Marketing Director
Allenby Capital Limited (Nominated Adviser and Broker) Tel: +44 (0)20 3328 5656
Nick Naylor
Nicholas Chambers
Yellow Jersey (Financial PR) Tel: +44 (0)776 932 5254
Joe Burgess
Felicity Winkles

About Blackbird plc

Blackbird plc (AIM: BIRD, www.blackbird.video) floated in February 2000.

Blackbird develops, markets and licenses a powerful cloud video platform using its patented Blackbird technology. The technology underpins multiple applications, which are used by rights holders, broadcasters, sports and news video specialists, esports live events and content owners, post-production houses, other mass market digital video channels and corporations.

The Blackbird technology allows full visibility of multi-location digital content, improves time to market for live content such as video clips and highlights for social media distribution, and results in much more effective monetisation.

Blackbird® is a registered trademark of Blackbird plc.

Websites

www.blackbird.video

Social media

www.linkedin.com/company/blackbird-cloud

www.twitter.com/blackbirdcloud

www.facebook.com/blackbirdplc

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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