Two-Thirds Of World Cup Matches Sold MLB, NPB Likely To Resume Series Ralph Krueger Named Southampton Chair Sharks CEO Pleads To Release Findings UAE To Host First Stage Of IPL 2014 High Ratings For Sky's CL Broadcasts Cellino 'Humiliated" During Leeds Takeover Russia Asks FIFA To Ban U.S. From Cup Frankfurt Offers Racecourse To DFB Executive Transactions
SBD Global/January 17, 2013/FinancePrint All
Forbidden Technologies’ revenues surged in '12 "driven by the widespread use of its video editing technology" during the Olympics, according to Philip Whiterow of PROACTIVE INVESTORS. The company revealed that sales growth had exceeded the 50% predicted by analysts by a "respectable margin." FORScene, Forbidden’s flagship cloud-based video editing software, was used by NBC and YouTube for web video coverage of the Games, "with thousands of hours of content handled by its software." Revenue from the News and Sport sector grew by more than 80% in the year. That Olympic success has also "sparked a lot of interest" for work in future with partnerships developing with both major news and sport broadcasters, and the potential for "significant licence annuity sales in both areas" (PROACTIVE INVESTORS, 1/16).