Entertainment AI makes solid progress throughout 2019
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16:55 22/04/24
Technology and media platform developer Entertainment AI said on Tuesday that both its motoring-focused Youtube channel and its Tagasauris artificial intelligence subsidiary had made some solid progress during 2019.
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Entertainment AI's GT Channel on YouTube, aimed at car enthusiasts, reported a 59% climb in net revenues to $10.3m, while video views were 45% higher at 12.3bn.
The AIM-listed firm, formerly known as Blockchain Worldwide, also highlighted that progress had been made over at Tagasauris, which partnered with Japanese channel JSports during the Rugby World Cup to create quick "micro-moments" - short highlights during match coverage.
Entertainment AI also noted that it would be changing its accounting date to December 31, in order to align itself with the financial years of its wholly-owned subsidiary trading companies.
As of 1345 GMT, Entertainment AI shares were up 10.13% at 43.50p.