Gen AI Will Transform News. Experts Say The Rulebook Must Be Written Now
Leading technology executives from the BBC, AP, the Partnership on AI and Adobe said news organizations won’t be able to avoid the profound changes being ushered in by generative AI, and the time to frame up ethical and safe guidelines for its use is today.
Today, in a press release, Avid, the media tech and tools developer, announced updates to its Avid | Stream IO software subscription platform for broadcast production ingest and playout, including […]
Full-service post-production facility ENVY has signed a multi-year subscription and support contract with media systems integrator Jigsaw24 Media to extend its relationship with Avid and supply its facilities with Avid’s state-of-the-art video editing […]
Avid now operates as a privately-held company and remains headquartered in Burlington, Mass.
News executives at Nexstar, E.W. Scripps, Sinclair, Fox Television Stations and ABC Owned Stations told a TVNewsCheck panel last week that collaborating more frequently between stations and their national news products is yielding important lessons about people and tech, not to mention better quality news.
The NAB Show New York looks to be gaining back its pre-COVID mojo with attendance on the upswing and vendors keen to meet with many clients who don’t make the springtime trip to Las Vegas.
What Does The Sale Of Avid Mean For Its Future?
For its user base, moving to a private company leaves many questions unanswered.
Efficiency Is IBC’s 2023 Mantra
Post-pandemic normalcy returned to Amsterdam as broadcasters and vendors convened, but a palpable sense of economy and efficiency blanketed the International Broadcasting Convention.
Leaders from E.W. Scripps, Sinclair, Fox Television Stations, ABC Owned Television Stations, Nexstar and Avid will discuss how cross-group collaborations and content sharing have ushered in a new era of efficiencies and content ROI at TVNewsCheck’s TV2025: Monetizing the Future Conference at the NAB Show New York on Oct. 25. Register here.
ITV has partnered with 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 […]
C-suiters from Gray Television, The Weather Group and Avid will share recommendations for how security leaders can effectively communicate the need for more cybersecurity investment to the CEO and board of directors in a special breakfast workshop at TVNewsCheck’s Cybersecurity for Broadcasters Retreat on Oct. 26 at the NAB Show New York. Register here.
Media and entertainment technology provider Avid extended its agreement with long-time customer and global media conglomerate Al Jazeera Media Network (AJMN), with a deal that will transition the network’s production operation […]
The deal represents a 32.1% premium to Avid’s unaffected share price on May 23, 2023. Following the closing, Avid will become a privately held company.
Avid’s Craig Wilson, host of the Making the Media podcast, shares insights he’s gleaned over the past 50 episodes on AI, FAST channels, a skills shortage and leaps forward in video news storytelling in a particularly meta edition of Talking TV. A full transcript of the conversation is included.
Broadcasters Go Private With 5G
Broadcasters are now making active use of 5G in everyday production operations, usually alongside LTE in contribution feeds sent with bonded cellular systems. But the most exciting production applications to date for 5G have actually used private 5G networks that broadcasters have set up themselves for big-event coverage.
Avid Technology, a provider of video and audio editing software and equipment to TV, filmmakers and recording studios, is exploring a potential sale, according to people familiar with the matter. The Burlington, Mass.-based company is working with Goldman Sachs Group on the sale process and has asked for binding offers from interested parties, the sources said. Avid’s shares jumped 18% on the news to $24.35 in Wednesday afternoon trading, giving the company a market value of about $1 billion.
Avid has an expanded relationship with GBH (WGBH Boston) and The OutPost, its audio and post-production finishing facility. The continued relationship with GBH, the largest content creator for public media in America, including […]
At NAB Show (April 16-19 at the Las Vegas Convention Center, Booth N1221), Avid will offer a tech preview demo of Avid | Stream IO, a new flexible software-based platform […]
Sinclair Broadcast Group is deploying new cloud-based news and content gathering and production workflows by combining technologies from Avid, Sony and Marquis Broadcast. This new approach, Sinclair says, “leverages 5G networks […]