6 April 2018
Forbidden Technologies plc
("Forbidden" or the "Company")
Premier US eSports content creation company selects Blackbird Forte
Forbidden Technologies plc (AIM: FBT), the developer and seller of cloud video platform technology using its patented Blackbird technology is pleased to announce that a premier competitive eSports content creation company based in Las Vegas has selected the Blackbird Forte cloud video platform for live and post event edit and production.
High profile live eSports events will be captured to the Blackbird cloud for rapid turnaround into highlights packages for delivery to consumers all over the world through web and social media platforms. Content can be further enriched within the Blackbird platform in order to maximise the value of the pivotal moments within events for future replay and redistribution.
Blackbird has processed over 8 million hours of professional video content using Forbidden's patented Blackbird codec.
eSports is a sports category that is going through rapid growth. Newzoo, the leading provider of market intelligence covering the eSports market, predicts that in 2018 eSports will generate global revenues of $905 million, up 38 percent from $656 million in 2017, and is expected to have a global audience of 380 million people.
"We're delighted to be working with our first US customer in the eSports sector", said Ian McDonough, CEO Forbidden Technologies. "Blackbird is a key part of this customer's technical infrastructure and the Blackbird codec is an ideal solution for this high growth and demanding sector due to its ability to operate at 60 frames per second. Strategically the sector's growth and its need for high quality video makes eSports a hugely exciting market for Blackbird. Blackbird gives eSports organisers, game studios and rights holders a game changing solution to access and monetise their valuable sports content beyond the live stream."
Forbidden Technologies plc
Ian McDonough, CEO
Jonathan Lees, Finance Director
Tel: +44 (0)20 8879 7245
Allenby Capital Limited (Nominated Adviser and Broker)
Tel: +44 (0)20 3328 5656
About Forbidden Technologies plc
Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.
Forbidden develops, markets and licenses a powerful cloud video platform using our patented Blackbird technology. The technology underpins multiple applications which are used by rights holders, broadcasters, sports and news video specialists, post-production houses, other mass market digital video channels and corporations.
The Blackbird technology allows full visibility on 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.
About Blackbird Forte
Blackbird Forte gives users easy access to advanced collaborative workflows into logging and transcription, frame accurate clipping, and editing with single and multi-camera environments including ground-breaking live-switch multi-camera editorial from the cloud. Live or sidecar data including closed captioning, give Blackbird Forte a unique ability to easily edit content timing and screen position of closed caption data along with video content. Other highlighted features include, multiple video and audio tracks, alpha channel graphic support, titles and direct voiceover to timeline. Content is effortlessly delivered for publish, conform and delivery to multiple platforms in a variety of standards including closed caption and metadata delivery. Blackbird Ascent and Forte use the same core technology and are 100% compatible, enabling flexibility and scalability to any video workflow.
Blackbird® is a registered trademark of Forbidden Technologies plc.
This information is provided by RNS