Video editing technology developer Blackbird (LON: BIRD) has made progress with an important collaboration and that helped the share price recover in the last few weeks of the year. It was still down 52.8% at 14.5p.
Blackbird recently revealed that its previously unnamed major partner is EVS Broadcast Equipment, which has already announced a $50m, ten-year deal with a US broadcaster that includes Blackbird’s editing technology. The first deal provides Blackbird with a per-seat user licence fee, as well as maintenance and support revenues.
The developer of real-time video editing technol...
