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With the online advertising market plunging deeper, people are trying to find refuge in video search. Blinkx is a pure-play Web video company that reported its revenues rising 115 percent, to $6.4 million. Where the company’s gross profit doubled from $2.2 million to $4.5 million.

Blinkx also powers video searches on about 20 partner sites such as Ask.com, Lycos, etc. Moreover, the service indexes more than 32 million hours worth of video from 420 content partners, and has its own AdHoc video ad network.