Avid Technology 3Q Results Beat Wall Street Expectations
BURLINGTON, Mass. (AP) _ Avid Technology Inc. (AVID) on Wednesday reported third-quarter net income of $8 million. On a per-share basis, the Burlington, Massachusetts-based company said it had profit of […]
The 10th Annual Women in Technology Awards Presentation Ceremony and “Predictions for 2021” panel will kick off today, live on Zoom, at 4 p.m. ET. See the honorees, an honor roll of past honorees, here in the program. Still need to Register?
Offerings from Blackbird, Grass Valley and Avid have seen a surge in usage since the pandemic spurred a remote workflow shift with costs coming down and performance improving.
COVID-19 has had numerous tectonic effects on broadcast technology vendors, from accelerating a move to IP- and cloud-based systems to making for much uncertainty and probable consolidations ahead.
Avid announced the immediate availability of MediaCentral 2020, the comprehensive media workflow platform for TV news, sports and post production operations. According to Avid, new features in MediaCentral 2020 “deliver on the needs of modern newsrooms, providing journalists […]
Media and entertainment technology provider Avid has renewed its cloud collaboration with Microsoft. Over the course of the new five-year strategic alliance agreement Avid will continue to develop and deploy […]
Exclusives
Coronavirus-necessitated remote workflows have spun up quickly and reliably to allow TV stations to keep broadcasting during the pandemic. There’s reason to believe they’ll stick around after the crisis subsides. Above: Avid Edit On Demand provides a full virtual production environment in the cloud, including Media Composer software and Avid NEXIS storage. (Source: Avid)
With coronavirus pushing numerous staffers into remote working situations, broadcasters are increasingly looking to exploit all of the remote functionality in their newsroom computer systems. Improved IP connectivity and better automation software is helping to make that happen.
Artificial intelligence continues to help news organizations automate more taxing workflows. AI is making ongoing progress with autoclipping to generate news and sports highlights, metadata tagging and accelerating live research and real time content indexing. It’s also pushing into new fronts like delivering smooth slow motion without a super slow motion camera. Above: AI drives EVS’s new Overcam for offside camera positions during soccer games and reduces the need for camera operators for those locations.
Avid’s new product introductions will take place online in April. Avid and ACA will host regional Connect events after public safety is assured.
Avid is expanding its total customer success strategy with the newly created role of chief customer experience officer (CCXO) reporting to the CEO. Today it appointed Kathy-Anne “KAM” McManus to […]
Feeding The Voracious Multiplatform Beast
As television news broadcasters move to expand their reach into web, mobile and OTT platforms, they are adopting a number of tools and strategies including more automation, better collaboration tools and, in some cases, internal software development. L-r: Gray’s Mike Fass, Avid’s Ray Thompson, Fox’s Emily Stone and ABC’s Fabian Westerwelle. (Photo: Wendy Moger-Bross)
News organizations are increasingly using breakthroughs in technology to allow journalists to remotely, yet quickly, deliver more content over multiple platforms. The advances range from improved cellular networks that speed transmission of content from the field to the newsroom and cameras capable of streaming and providing remote video, to a host of tools available for journalists to remotely edit and produce content while collaborating with their newsrooms. Above, Grass Valley’s new GV Alyve, released at this year’s IBC Show, gives reporters a “virtual control room in the cloud” for production and distribution of video and livestream content. (Source: Grass Valley)
At IBC 2019 (Stand B15, Hall 7), Matrox and Vimeo have joined forces to showcase cloud-based, multi-camera video production workflows over public networks. This technology collaboration will feature the Matrox […]
Avid today announced that Media Composer will deliver native support for Apple’s ProRes RAW camera codec and support for ProRes playback and encoding on Windows. In addition, Apple will provide 64-bit decoders […]
Avid today announced integrated support for the SRT (Secure Reliable Transport) protocol, an open-source video transport protocol that provides clear, reliable live video transmission over the open Internet for news and […]
Automation technology is fast evolving to keep up with demand for content on multiple platforms. Vendors say it helps eliminate redundant tasks and integrates as many platforms as possible without posing a threat to jobs or creative control.
Avid reported changes to its board of directors with the appointment of media technology veteran Michelle Munson as a director, effective immediately. She Munson joins the board with more than 15 years […]
CNN Rides The IP Train Into Hudson Yards
The global news giant has built the first major broadcast facility to be completely based on the SMPTE 2110 IP networking standard. “The idea behind going IP was to get everything across CNN’s facilities connected,” says Bob Hesskamp, EVP of broadcast engineering for Turner. “The other reason we did this was we wanted to build a facility that wasn’t out of date on Day One, that was software-configurable, expandable and easier to make changes to.”
Avid says more powerful and intuitive user experience, greater agility in creating and distributing content from anywhere, and flexible cloud deployment options are among the enhancements in the new platform.
Developments in TV news graphics have seen a host of improvements from better real-time flexibility to more streamlined workflows and even monetization prospects.
Millions of citizens turned to TV3 E19: Special Elections broadcast on May 26 to learn the results from the 2019 European Parliamentary and municipal elections — and stayed tuned in […]
Avid today announced the immediate availability of Pro Tools 2019. The latest version of the industry-standard digital audio workstation boosts power and performance for every level of user — from […]
Avid Technology Posts 5% 1Q Rev Growth
Avid Technology today announced its first quarter 2019 financial results that included revenue of $103.3 million and operating income of $5.4 million. First Quarter 2019 Financial and Business Highlights Revenue […]
HBO tturned to Avid to help it re-define the promotional content finishing workflows that serve all of the network’s distribution outlets. HBO’s approach includes unlimited on-demand licenses for Avid Media Composer nonlinear […]
Avid Overhauls Media Composer, Intros Nexis Cloudspaces
The inventor of TV’s first non-linear editing platform has reimagined the solution, adding a new UI, distributed processing, finishing and delivering capabilities and other features. It also brought to market a new cloud-based version of its storage platform, offering customers a free, three-month trial.
Systems architect and ICT integrator Qvest Media has expanded its long-standing partnership with Avid to become an Avid Certified Cloud Partner for use in Microsoft Azure. Qvest Media and Avid […]
Avid’s 4Q Revenue Grows 5% To $112.7M
Tech provider Avid reported fourth quarter 2018 and full year financial results on Thursday. Highlights: 4Q revenue was $112.7 million, an increase of 5% year-over-year and 8% sequentially. Revenue excluding […]
Avid has appointed media technology services expert Kathy-Anne McManus, “KAM,” as SVP of global customer solutions and services. With more than 30 years of experience in providing services, support and […]
Avid | Stand 7.B55| https://www.avid.com/ Avid brings new products and technology demonstrations across the IBC Show floor to help enterprises, teams and individuals to maximize efficiency and opportunity in media […]
Dejero, an innovator in cloud-managed solutions that provide video transport and Internet connectivity while mobile or in remote locations, is collaborating with partners Microsoft Azure, Avid, Haivision, Hiscale, Make.TV and […]
Avid | Stand 7.B55| www.avid.com Avid announced that more than one million aspiring creative people in nearly every country have downloaded Avid First creative tools for free to develop their […]
In collaboration with the Avid Customer Association (ACA), Avid unveiled the theme and program preview for Connect 2019, the annual gathering of media and entertainment technology users and influencers. Guided by the mission for […]
Avid 2Q: New Management, New Metrics
Sales of most media technology companies are basically flat while their R&D and marketing costs continue to run high, forcing some to reexamine how they sell in a traditionally demanding and rapidly changing market. Above, a Vizrt virtual set demonstration this week at the NAB Show.
New apps, services and solutions are intended to accelerate news workflows and improve the collaboration, accessibility and distribution required to engage news viewers on any device.
Avid today announced the immediate availability of workflow innovations for enabling sports broadcasters to streamline creation and airing of live ultra-high definition (UHD) programs. Integrating Avid’s Maestro graphics suite, Avid FastServe video […]
Avid today unveiled Avid l On Demand, a cloud services and solutions platform that provides media production capabilities on demand. Avid | On Demand lets media organizations “conveniently deploy the […]
