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An update from Blackbird PLC ( (GB:BIRD) ) is now available.
Blackbird PLC has announced the launch of the ‘Creator’ payment plan for its elevate.io platform, set to go live on February 11, 2025. Priced at £15, $15, or €15 per month, the plan aims to democratize professional video editing for a wide audience, including YouTubers and corporate users. Elevate.io leverages cloud infrastructure to offer browser-based access without the need for high-end hardware, enabling collaboration similar to tools like Google Docs. The launch is strategic for Blackbird as it marks the first revenue generation opportunity for elevate.io and provides a platform for gathering customer feedback to refine its data-driven growth strategy. The early bird offer provides a 50% discount for the first 30 days, reflecting Blackbird’s focus on capturing market share in the burgeoning creator economy.
More about Blackbird PLC
Blackbird PLC operates in the fast-growing SaaS, Media and Entertainment, and content creation markets. The company is known for its patented cloud-native video technology, which supports frame-accurate navigation, playback, and editing. Blackbird’s offerings include its namesake suite of applications for broadcasters, sports and news specialists, and content owners, as well as elevate.io, a collaborative content creation platform aimed at professional teams and the Creator Economy. Additionally, Blackbird licenses its technology through its ‘Powered by Blackbird’ model, helping video companies transition to cloud-based business models.
YTD Price Performance: -7.89%
Average Trading Volume: 356,625
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: £16.93M
For an in-depth examination of BIRD stock, go to TipRanks’ Stock Analysis page.
