Just three weeks into his second tenure as the head of the broadcast equipment firm, Tim Thorsteinson says he’s overseeing a new direction for the company that will be reflected in a host of new switchers, cameras, storage and software. “We want to dramatically simplify the way live content is produced and delivered for multiple screens.” Details on the new products are embargoed until March 1 and the gear will be on display at April’s NAB Show.
Industry veteran Tim Thorsteinson is returning to major TV broadcast equipment supplier Grass Valley as its president and chief executive officer.
Vendor consolidation was one of the most discussed topics at the annual Amsterdam tech conference, although no new deals were announced there. Other hot topics: new products and services based on cloud technology, multi-platform content delivery; social media services; Sony/SES Astra’s 4K demo; and channel-in-a-box.
Grass Valley and Vizrt announced today a new replay and analysis tool for live sports production that combines Grass Valley’s K2 server and Dyno replay controller with Vizrt’s LiberoVision 3D replay and tied-to-the-field graphics. “With the power of Grass Valley combined with [Vizrt’s]…unique 3D replay technology, we have created an extremely capable sports analysis replay […]
To implement its “complete solutions” approach, the newly reorganized Grass Valley is now looking to partner with other vendors with complementary technology or possibly buy them, says the company’s new CMO Graham Sharp. “You may see some acquisitions over the coming six months,” he says.
The equipment supplier’s chief marketing officer is leaving and four executives will share sales and marketing duties going forward.
With growing needs to repurpose traditional news broadcasts for online and social media, TV stations are turning to tech companies like Grass Valley (left), Ross Video and Critical Media. They offer products to segment newscasts into clips, either as part of news production automation systems or as stand-alone products.
The tech company’s showcases new products and features for its Edius and K2 Edge lines as well as the growth of market share for its Stratus and Ignite systems. For all that’s going on at NAB 2012, click here.
With the purchase of the Dutch firm PubliTronic, Grass Valley introduces the K2 Edge master control solution and jumps into the burgeoning channel-in-a-box market.
Frost & Sullivan has awarded Grass Valley the 2011 Global Market Share Leadership of the Year Award in the overall video switchers market. The award recognizes Grass Valley as a “best-in-class company” that has distinguished itself in the key technology areas of worldwide growth, innovation and leadership. Frost & Sullivan noted that Grass Valley has […]
The equipment supplier new owners want to quell any uncertainty about its future and unveil a number of new products and improvements, including the its new Stratus media flow application suite, which helps users deal with the hassles of multiplatform content delivery.
Vendors of news production systems, editors, switchers, graphics and lighting will be showing new or upgraded products at the NAB — all with the promise that they will allow broadcasters to produce news more efficiently and distribute it more widely. Here are some of the latest developments from Avid, Grass Valley, Chryon, Sony, Panasonic, Ross Video, EVS, Litepanels and Videssence.
At NAB 2011, Grass Valley will introduce the latest software versions for its line of Kayenne Video Production Center (v3.0) and Kayak (v7.0.4) high-definition switchers. Both new software versions streamline production workflows, making crews more productive by giving the technical director (TD) more control over camera settings, macro editing, and signal routing. Multi-Camera Control The […]
The tech icon is now led by Alain Andreoli (right), who says the revamped firm’s emphasis on video production and infrastructure products, along with its design and development services, should mean a return to a positive bottom line “fairly quickly.” He says they believe “there is an opportunity to offer more complete solutions instead of only point products.”
Francisco Partners, the new owners of Grass Valley, wants the industry and Grass Valley’s customers to know it is committed to bringing Grass Valley back to its glory days and is prepared to invest millions over the long haul to make that happen.
The new president and CEO of the broadcast equipment vendor is an operating partner of Francisco Partners, the private equity firm that bought Grass Valley from Technicolor last month for $80 million and other considerations. Jeff Rosica will stay on as EVP and chief sales and marketing officer.
Technicolor completes the sale of the TV production tech firm to Francisco Partners for an $80 million, six-year promissory note. Jeff Rosica remains in charge.