LONDON, May 12, 2022
/PRNewswire/ -- Blackbird plc (AIM: BIRD) (OTCQX: BBRDF), the
technology licensor, developer and seller of the market-leading
cloud native video editing platform, Blackbird, today announces the
appointment of Sumit Rai as Chief
Product Officer. Sumit will join the Company in June 2022 from VEGAS Creative Software where he
holds the same role.
Sumit has over 23 years leadership experience in the video and
film industry. Starting off as a visual effects and video editor in
news production, children's TV and film, Sumit progressed to Chief
Technology Officer at Pukka Films developing an innovative,
award-winning production facility before founding Kulu Valley. Providing enterprise video
distribution platforms for tier 1 organizations, Kulu Valley was acquired by Qumu Inc (NASDAQ:
QUMU) in 2014 where Sumit served as Chief Marketing Officer and
Chief Product Officer. Sumit is leaving his position as Chief
Product Officer of the well-known video editing platform, VEGAS
Pro. He joins Blackbird to lead the strategic development and
direction of the Company's product suite.
Having developed video editing and distribution platforms used
by thousands of companies and millions of users, Sumit will help
take Blackbird's multi award-winning and multi-patented technology
to wider markets.
Sumit Rai said: "As
the future of video content creation moves to the cloud it's great
to be joining Blackbird, already leaders in the space. The
opportunities are endless as the technology can add major
efficiencies and value in so many markets and enable many new
users. I can't wait to start working alongside the Blackbird
team."
Blackbird CEO, Ian McDonough,
added: "I am truly delighted to welcome Sumit, who joins
us with immense personal drive and energy informed by relevant
industry experience in SaaS video platforms. We
are bringing him into the Blackbird team to lead the strategic
development of our product portfolio and help accelerate our
growth. He joins the Company at an exciting time when we are very
well positioned to leverage our core technology into fast growing
video markets."
Enquiries:
Blackbird plc
Ian McDonough, Chief Executive
Officer
Adrian Lambert, Chief Marketing
Officer
Tel: +44 (0)20 8879 7245
Allenby Capital Limited (Nominated Adviser and Broker)
Nick Naylor / Piers Shimwell (Corporate Finance)
Amrit Nahal (Sales and Corporate
Broking)
Tel: +44 (0)20 3328 5656
About Blackbird plc
Blackbird plc operates in the fast-growing SaaS and cloud video
market. It has created Blackbird®, the world's most advanced suite
of cloud-native computing applications for video, all underpinned
by its lightning-fast codec. Blackbird plc's patented technology
allows for frame accurate navigation, playback, viewing and editing
in the cloud. Blackbird® enables multiple applications, which are
used by rights holders, broadcasters, sports and news video
specialists, esports, live events and content owners,
post-production houses, other mass market digital video channels
and corporations.
Since it is cloud-native, Blackbird® removes the need for
costly, high end workstations and can be used from almost anywhere
on almost any device. It also allows full visibility on
multi-location digital content, improves time to market for live
content such as video clips and highlights for digital
distribution, and ultimately results in much more effective
monetisation.
Blackbird plc is a licensor of its core video technology under
its 'Powered by Blackbird' licensing model. Enabling video
companies to accelerate their path to true cloud business models,
licensees benefit from power and carbon reductions, cost and time
savings, less hardware and bandwidth requirements and easy
scalability.
www.blackbird.video
www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.facebook.com/blackbirdplc
www.youtube.com/c/Blackbirdcloud
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SOURCE Blackbird plc