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.… Continue reading STG Completes Acquisition Of Avid Technology
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ITV Partners With Avid To Upgrade Its National And Regional News Production Systems
UK’s biggest commercial broadcaster signs subscription deal to modernize news editing, storage and management workflows ITV has partnered with Avid® (Nasdaq: AVID) to deliver leading edge functionality in its news editing, storage and publishing systems for both ITV Regional News and ITV National News, through a new subscription deal. ITV News is the largest commercial news broadcaster in the UK,… Continue reading ITV Partners With Avid To Upgrade Its National And Regional News Production Systems
Avid Brings Next Wave Of Audio Production Innovations To IBC2023 Show
Tighter Pro Tools integration with Media Composer and prominent partner tools accelerate production of rich audio experiences for TV and film This week at the IBC2023 show, audio production professionals working in network television, streaming media and film will be first to see Avid® (Nasdaq: AVID) previews of breakthrough technologies coming soon to Pro Tools® workflows. Developed for… Continue reading Avid Brings Next Wave Of Audio Production Innovations To IBC2023 Show
Avid Launches Stream IO Subscription-Based Ingest & Playout Platform For Next-Generation Media Production
Now available, and to be featured at the IBC2023 Show, Avid | Stream IO delivers unparalleled speed, adaptable media format support and flexible deployment Avid® (Nasdaq: AVID) is today announcing the commercial availability of Avid | Stream IO™, a new flexible subscription-based software platform for production ingest and playout of news, sports, live entertainment and… Continue reading Avid Launches Stream IO Subscription-Based Ingest & Playout Platform For Next-Generation Media Production
Amazon Studios Teams Up With Avid To Deliver Advanced Production Editorial In The Aws Cloud
Companies announce a three-year agreement to enable Amazon Studios’ use of Avid’s Media Composer editing tool, NEXIS storage and MediaCentral platform on Amazon Web Services (AWS) Avid Technology (Nasdaq: AVID) and Amazon Studios (Nasdaq: AMZN) today announced a three-year agreement to bring cloud-based editorial to Amazon Studios’ expanding slate of more than 300 original movies and… Continue reading Amazon Studios Teams Up With Avid To Deliver Advanced Production Editorial In The Aws Cloud
Avid Delivers Media Production In The Cloud For TV News And Sports
MediaCentral subscription solution enables distributed broadcast and digital production teams to collaborate on their workflows from anywhere Avid Media Production in the Cloud delivers the familiar experience of a broadcaster’s high-performance, on-premise workflows Distributed production teams can now access assignments, assets and media to quickly deliver breaking news across all platforms, from on-air channels to… Continue reading Avid Delivers Media Production In The Cloud For TV News And Sports