ADOTAS – Pass the special sauce, we’ll have what you’re having Blinkx! The online video company has outfoxed the ad downturn, reporting a whopping 115% growth (to $6.4 million) in the six months until Sept. 30, according to reports.
Operating losses widened however – by 87% ($4.3 million).
Blinkx’s contextually targeting technology enables advertisers to pair their pitch with relevant videos.
According to the Financial Times, online display ad prices dropped by 11% in the third quarter, but Blinkx’s rates keep going up.