Broadcasters and their technology vendors are carefully moving from traditional capital expenditure models to software-based operational expenditure models. A Discovery executive says it’s about time as the industry moves toward its own distribution costs being based on volume.
In a virtual briefing Wednesday, Grass Valley touted its Agile Media Processing Platform to propagate a “shared ecosystem” that combines connected hardware devices, software-only solutions and third-party products from partners. Interim chief Louis Hernandez Jr., CEO of parent Black Dragon Capital, also gave no sign he’ll be handing over the reins anytime soon.
Grass Valley President and CEO Tim Shoulders is out and so is Marco Lopez, GM, live production, in a shakeup that now sees Louis Hernandez Jr., CEO of parent company Black Dragon and GV executive chairman, at the helm.
Grass Valley announced the completion of its acquisition by private equity firm, Black Dragon Capital, from Belden Inc. The company said the completion of the transaction, announced earlier this year, […]
A conversation with Grass Valley CEO Tim Shoulders and Black Dragon Capital CEO Louis Hernandez Jr. following up on this week’s news of GV’s acquisition by the venture capital firm.
With the purchase from Belden, the private equity firm, led by Louis Hernandez Jr., says it aims to accelerate Grass Valley’s evolution to market leader in cloud-based media technology.