Blackbird (BIRD) , the developer and seller of cloud video platform Blackbird, announced on Wednesday that it had signed a multi-year deal with Bloomberg Media for fast turnaround news editing and social publishing.
The leading multi-platform global business and financial media firm will utilise Blackbird’s platform for simple, fast, collaborative video editing and publishing from the cloud.
Blackbird say the group is likely to see “significant” annual revenues from its collaboration with Bloomberg Media.
As a result of this morning's news, shares in Blackbird jumped over 15%.
The Blackbird platform gives users the ability to edit and enrich content at speed which can then be published to social media channels as well as its content library.
The platform is the world’s only video editing platform specifically developed for the cloud - from the ground up, the company explained, delivering significant productivity and efficiency benefits to any enterprise-level organisation working with video.
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