Blackbird Share Discussion Threads

[nickb] 05/3/2024 08:13:31

While the global recession is damaging the big Media economy they are also suffering from the explosion of the creator economy!

I don’t know about you guys but I spend more time watching YouTube creators than mainstream media channels.

[cyberbub] 05/3/2024 08:11:02

No negative reaction so far. We know that there will be at least 1M shares bought today :-)

[pokerchips2] 05/3/2024 08:06:06

yes, M&E going through a tough adjustment ....even smaller cake to try and eat from ... they must be thankful that at least 2024 is an Olympic year ......

Creator economy isnt immune to the downturn , but at least BIRD are aiming for the professional earners who seem to be asking for what Elevate is looking to provide

[cyberbub] 05/3/2024 07:58:08

Absolutely as expected, a couple of million loss, £6m or so cash remaining today after the raise. The good news is Elevate still on track to launch very soon, no delays!

[nickb] 05/3/2024 07:37:48

Yes as expected.

M&E market is terrible at the moment perhaps one of the worst times ever.

In the U.K. 70% of freelancers are unemployed!
US market is also bad.

All the companies are struggling not just us so it’s the right move to focus on the creator economy

[terminator101] 05/3/2024 07:31:55

Morning cult members. Revenue down Losses upBut at least they admit they are a story share More snake oil share imo. How is this lifestyle pish worth £23 million on those financials. A triumph of the rabid gerbil over judgement.

[geheimnis2] 05/3/2024 07:22:21

As expected tbh

No better no worse

[ortegaworm] 05/3/2024 07:21:20

Lots of pessimistic commentary, yet we are perfectly aligned to move into a seismic shift in the industry. There are always headwinds when an atomic goes off, and this has been seen throughout the industry with layoffs left right and centre. Budgetary constraints, etc.... But now, as the dust settles and clears a shining bright light emerges, lifting up the industry with its superfast, multi collaborative, frame Accurate, highly patented technology. The time for Elevate is now. The results are nothing that we did not already expect.

[ih_524305] 05/3/2024 07:21:07

Concentrate, Deltatre is still a user is my reading. They might just have cut usage as they lost a few deals.

[purchaseatthetop] 05/3/2024 07:19:14

The cash raise suggests that they do not expect elevate to take off as fast as they hoped. The HNW individuals story is very questionable. More likely the raise was presold into the recent rise.

This is a spin on the roulette wheel. If it drops in then great payday…..if not, well.

[concentrate] 05/3/2024 07:18:48

the Company also lost deals from A+E Networks, Deltatre and NHL during the year, and smaller ones from ODK and Gfinity who shut their services due to them being uneconomical in the tough market conditions.


Makes you wonder if they want the price lower!

[spoonmuff] 05/3/2024 07:15:23

Let’s hope elevate.io takes off because that is an awful report. Nothing good at all in there other than no elevate delays

[cabi1] 05/3/2024 07:14:25

So if elevate.io fails, it’s all over.

[ih_524305] 05/3/2024 07:11:07

Not one mention of EVS deal or PBB.

Frankly an embarrassing annual report.

[ih_524305] 05/3/2024 07:08:31

The collapse of enterprise and the ongoing loss of customers makes interviews of management prowess all the more surprising.

[shortsqueezer] 05/3/2024 07:08:09

Well as usual ADVFN showing a news flag but it's not there to read.

[pokerchips2] 04/3/2024 19:05:31

They have already given out the cash figure, so the cash burn can be worked out...

More a case of seeing what savings have been made to Enterprise and knowing that the CAPEX spend on Elevate is now passed its peak ....and maybe know the employee numbers now, in each of Enterprise and Elevate

As they are aiming for key players with the launch, revenue should come in reasonably quickly offsetting some of the marketing costs