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.
For its user base, moving to a private company leaves many questions unanswered.
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 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 […]
Avid has introduced a new Badges & Digital Credentials program to “bring instantaneous recognition to highly skilled media creation professionals, engineers, educators and students everywhere. More than 12,000 Avid-certified users […]
Avid announced the next stop for its World Vision Tour, when experts from Avid and ALT Systems, as well as special guest editors Lori Jane Coleman, ACE, and Bobbi Banks, […]
A Sinclair/Sony/Avid experiment aims to optimize news photographers’ field time by immediately logging metadata into cameras in the field, while Starlink and 5G rollouts continue to boost reliability in more remote scenarios. Above, Vislink’s MVP Streamur Live Streaming App in action, allowing reporters to broadcast into the production workflow using a mobile device.
4Q revenue of $116.1 million, which includes a $3.3 million one-time non-cash adjustment, was in the middle of the implied 4Q guidance range. Excluding the adjustment, 4Q revenue of $119.4 million would have been at the high end of the implied guidance range for the quarter.
Exporting complex sequences in a single step from Media Composer into Pro Tools streamlines picture and sound workflows.
Several years after the pandemic pushed a wide embrace of cloud editing, the technology has made significant strides in speed and automation. Above, Avid’s Edit on Demand is a cloud-based premium editing and post-production solution that can be deployed and scaled on demand.
Avid has just released updates to its MediaCentral workflow platform, including the new MediaCentral | Acquire IP-based ingest scheduler, along with remote collaboration and improved hybrid working support. These capabilities, Avid says, […]
Connectivity, security and cloud-based applications top newsroom tech wishlists, technology executives from Sinclair, Gray Television, WCBS New York and Avid said at TVNewsCheck’s NewsTECHForum event. Above (l-r): WCBS New York’s Rich Paleski, Avid’s Craig Wilson, Gray Television’s David Burke and Sinclair Broadcast Group’s Mike Palmer (Alyssa Wesley photo). Read a full report here and/or watch the video above.
Technology executives from Gray Television, Sinclair Broadcast Group, WCBS New York and Avid share how they’re rethinking approaches to reporting, editing, production and multimedia distribution in a panel at TVNewsCheck’s NewsTECHForum event at the New York Hilton on Dec. 13. Register here.
The company said the “recurring components of the company’s revenue remained strong during the third quarter, with subscription revenue increasing 49.2% year-over-year in the third quarter to $41.8 million and subscription & […]
Broadcasters continue to turn to artificial intelligence for help with a widening array of tasks heavy on manual process from surfacing trending topics and content to generating transcriptions, tagging with metadata, offering facial and object recognition and offering help with clips, rights management and moderation.
Avid has introduced its next-generation of Maestro, a new subscription-based software solution for real-time broadcast television graphics. Available immediately, this fully backward compatible solution offers graphics teams “the power, flexibility and […]
In Amsterdam this week, there was plenty of talk about broadcasters’ ongoing transition to IP and the cloud, along with the supply chain issues and labor shortages hampering it, but most people were too grateful to see old friends, colleagues and clients to complain.
IBC’s first in-person event since 2019 may have fewer days and attendees than at its high-water mark, but vendors are packing their schedules with meetings and say they’re excited to be doing business in person again.
While it’s not yet feasible to combine rundown-based computer systems favored by newsrooms with digital teams’ storycentric content management systems, progress is being made in communication between the systems and with third-party software, bringing the two groups closer together. Above: Vizrt’s Story is a Web-based system for script creation and editing that tightly integrates with the Viz One media asset management system and Viz Pilot template-based graphics system.
With thousands of stories breaking daily all over the world, distributed TV news and sports production teams need a reliable, secure solution to bring their workflows to the cloud for […]
Avid has unveiled the next generation of its patented Avid NEXIS shared storage solutions with the Avid NEXIS F-series family of storage engines and Avid NEXIS | VFS (virtual file system). […]
Avid Technology updated its outlook on exhibiting at large media and entertainment industry trade shows by unveiling plans for the annual IBC trade show this Sept. 9-12 in Amsterdam. Noting the improved […]
Avid has made its award-winning Avid NEXIS media storage solution available as a subscription offering, enabling flexible deployment on premises or in the cloud. Deployed in thousands of media operations globally, […]
BURLINGTON, Mass. (AP) _ Avid Technology Inc. (AVID) on Wednesday reported first-quarter profit of $10.6 million. The Burlington, Massachusetts-based company said it had profit of 23 cents per share. Earnings, […]
At the NAB Show in Las Vegas (through April 27), Avid, in collaboration with Microsoft and Haivision, is unveiling technology previews of “solutions that create more powerful remote collaboration.” Jointly demonstrated […]
Avid has launched the latest version of Media Composer video editing software with new features that “dramatically enhance the speed and productivity of creative teams and individuals.” These include an “over-the-shoulder” remote […]
Avid has expanded its managed cloud solution offering with a focus on an industry platform. Paramount Global, one of the world’s largest providers and producers of media and entertainment content, has […]