Avid Technology

Avid Celebrates Outstanding Achievements of Its Creative Users at 96th Academy Awards® and BAFTAs

Retrieved on: 
Tuesday, March 12, 2024

Lame edited Oppenheimer with Avid Media Composer ®, the industry’s gold-standard editing tool for creative professionals.

Key Points: 
  • Lame edited Oppenheimer with Avid Media Composer ®, the industry’s gold-standard editing tool for creative professionals.
  • Ever since its trailblazing launch, Avid Media Composer has been consistently recognized as the industry’s top video editing system.
  • Further recognition from the Academy for Avid’s creative tools came in 2004 when the business received an Oscar® for pioneering creative tools for audio postproduction with Avid Pro Tools®.
  • Academy Awards and Oscar are the registered trademarks and service marks of the Academy of Motion Picture Arts and Sciences.

Playout Automation & Channel-in-a-box Market worth $6.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.

Key Points: 
  • By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.
  • Within the playout automation and channel-in-a-box market, these scheduling and management solutions often integrate with other elements of the broadcasting workflow, such as traffic management systems and media asset management platforms.
  • The support and maintenance segment of the Playout Automation & Channel-in-a-box Market is growing rapidly.
  • Playout Automation & Channel-in-a-box Market Advantages:
    Channel-in-a-box programmes and playout automation optimise workflow efficiency, minimise manual involvement, and streamline broadcast operations by automating multimedia content scheduling, playout, and management.

Playout Automation & Channel-in-a-box Market worth $6.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.

Key Points: 
  • By solutions, the playout scheduling and management segment is expected to register the largest market size during the forecast period.
  • Within the playout automation and channel-in-a-box market, these scheduling and management solutions often integrate with other elements of the broadcasting workflow, such as traffic management systems and media asset management platforms.
  • The support and maintenance segment of the Playout Automation & Channel-in-a-box Market is growing rapidly.
  • Playout Automation & Channel-in-a-box Market Advantages:
    Channel-in-a-box programmes and playout automation optimise workflow efficiency, minimise manual involvement, and streamline broadcast operations by automating multimedia content scheduling, playout, and management.

Icelandic State Broadcaster RÚV Upgrades Production Capabilities with New Avid | Stream IO 

Retrieved on: 
Tuesday, November 21, 2023

BURLINGTON, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) --  Leading media and entertainment technology provider Avid ® has signed a multi-year subscription agreement with Icelandic state broadcaster RÚV to upgrade its server platform to Avid | Stream IO ™, Avid’s new ingest and playout solution.

Key Points: 
  • BURLINGTON, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) --  Leading media and entertainment technology provider Avid ® has signed a multi-year subscription agreement with Icelandic state broadcaster RÚV to upgrade its server platform to Avid | Stream IO ™, Avid’s new ingest and playout solution.
  • Avid | Stream IO will provide RÚV with a software-based solution for production ingest and playout of news, sports, live entertainment and other TV content.
  • RÚV Chief Technology Officer Bragi Reynisson explains, “Upgrading to Avid | Stream IO was a simple decision for us.
  • Avid, the Avid logo, AirSpeed, Avid | Stream IO, FastServe, and MediaCentral are either trademarks or registered trademarks of Avid Technology, Inc., or its subsidiaries in the United States and/or other countries.

Craig Sharpe Appointed as Chief Operating Officer of The Healthcare Innovation Company and Validation Institute

Retrieved on: 
Wednesday, December 13, 2023

NEEDHAM, Mass., Dec. 13, 2023 /PRNewswire-PRWeb/ -- The Healthcare Innovation Company (thINc) and Validation Institute announce the appointment of Craig Sharpe as their new Chief Operating Officer, effective January 2, 2024. With a portfolio of more than 20 years in leadership roles within the events and technology sectors, Mr. Sharpe brings a wealth of experience and a proven track record of fostering growth through innovative strategies and operational excellence.

Key Points: 
  • NEEDHAM, Mass., Dec. 13, 2023 /PRNewswire-PRWeb/ -- The Healthcare Innovation Company (thINc) and Validation Institute announce the appointment of Craig Sharpe as their new Chief Operating Officer, effective January 2, 2024.
  • As COO, Sharpe will work closely with Vidar Jorgensen, who will continue to serve as Chairperson and CEO of thINc and Validation Institute.
  • "His wealth of experience and demonstrated success in driving growth aligns perfectly with our vision for the future of The Healthcare Innovation Company and Validation Institute.
  • With Sharpe's appointment, thINc and Validation Institute are poised for continued innovation, growth, and excellence in the healthcare space.

STG Completes Acquisition of Avid Technology

Retrieved on: 
Tuesday, November 7, 2023

BURLINGTON, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Avid Technology, Inc. (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximately $1.4 billion.

Key Points: 
  • BURLINGTON, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Avid Technology, Inc. (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximately $1.4 billion.
  • The acquisition was previously announced on August 9, 2023, and approved by Avid stockholders on November 2, 2023.
  • Goldman Sachs & Co. LLC served as financial advisor to Avid, and Sidley Austin LLP served as legal counsel to Avid.
  • Rothschild & Co. served as financial advisor to STG, and Paul Hastings LLP served as legal counsel to STG.

Brazil’s Record TV Upgrades Studios with Avid Audio Solutions to Power Top TV Broadcasts

Retrieved on: 
Thursday, October 26, 2023

Headquartered in Sao Paulo, Record TV also upgraded eight production studios with Pro Tools | Carbon ® to ensure they capture performances with the highest sound quality.

Key Points: 
  • Headquartered in Sao Paulo, Record TV also upgraded eight production studios with Pro Tools | Carbon ® to ensure they capture performances with the highest sound quality.
  • Upgrading these studios with Pro Tools | Carbon, HDX and MTRX Studio will provide Record TV the most flexible, integrated audio systems to address all of its audio post workflows across its facilities.
  • Record TV post-production teams use the Carbon audio interface to record every detail of programming sound with the utmost clarity and precision.
  • The combination of Avid’s audio hardware solutions and services allows Record TV to deliver an unmatched entertainment experience for viewers in Brazil and throughout Latin America.”
    Learn more about Avid’s audio hardware solutions this week at AES New York 2023 booth 503 (Oct. 25-27), or visit Avid Audio Hardware solutions .

Innovid Appoints New CFO and Announces Preliminary Unaudited Q3 2023 Revenue Exceeding Guidance

Retrieved on: 
Monday, October 16, 2023

NEW YORK, Oct. 16, 2023 /PRNewswire/ -- Innovid (NYSE: CTV), an independent advertising platform for the delivery, personalization, and measurement of converged TV across linear, CTV, and digital, today announced the appointment of Anthony Callini as Chief Financial Officer, effective today, while Tanya Adreev-Kaspin, who will be leaving Innovid to pursue other opportunities, will remain for a transition period of six months. The Company also reported positive preliminary unaudited third quarter 2023 revenue of approximately $36 million, exceeding the high end of its previously provided revenue guidance of $33 million to $35 million.

Key Points: 
  • The Company also reported positive preliminary unaudited third quarter 2023 revenue of approximately $36 million, exceeding the high end of its previously provided revenue guidance of $33 million to $35 million.
  • "I am thrilled to welcome Anthony to the Innovid team," said Zvika Netter, Co-founder and CEO.
  • I look forward to following Tanya's path forward and will always see her as a part of Team Innovid."
  • Prior to joining the Innovid team, Mr. Callini was Chief Financial Officer at iZotope, an award-winning audio software technology company.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CHS, AVID, AMTI, NEM

Retrieved on: 
Friday, September 29, 2023

If you are a Chico’s FAS shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Chico’s FAS shareholder, click here to learn more about your rights and options .
  • If you are an Avid shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Avid Unveils Pro Tools Sketch for Modern Music Creators and to Expand Pro Tools Workflows

Retrieved on: 
Friday, September 22, 2023

With Pro Tools Sketch, Avid addresses the growing needs of modern creators, no matter their preferred music creation style.

Key Points: 
  • With Pro Tools Sketch, Avid addresses the growing needs of modern creators, no matter their preferred music creation style.
  • Pro Tools Sketch is a significant expansion of the Pro Tools music creation workflow, adding a non-linear creation environment to the proven Pro Tools toolset used on the majority of top music releases, movies and TV shows.
  • Sketches can also be moved to the Pro Tools timeline for further production using its world-class editing and mixing tools.
  • Avid, the Avid logo, Pro Tools, and Pro Tools Sketch are trademarks or registered trademarks of Avid Technology, Inc., or its subsidiaries in the United States and/or other countries.