Blinkx is planning to develop its own online television service, entering the broadband video market in competition with mainstream broadcasters and well-funded start-ups such as Joost and Babelgum.

The Aim-listed video search group, spun off from Autonomy in May, announced last week that it had become the world’s biggest video search engine, with 4.2m daily searches of the 18m hours of online broadcast content it has indexed.