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Avid Technology, Inc. - AVID STOCK NEWS

Welcome to our dedicated news page for Avid Technology (Ticker: AVID), a resource for investors and traders seeking the latest updates and insights on Avid Technology.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Avid Technology's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Avid Technology's position in the market.

News
Icelandic State Broadcaster RÚV Upgrades Production Capabilities with New Avid | Stream IO 
Rhea-AI Summary
Avid Technology, Inc. (AVID) signs multi-year subscription agreement with Icelandic state broadcaster RÚV to upgrade its server platform to Avid | Stream IO™, a next-generation ingest and playout solution. Avid | Stream IO will provide RÚV with a software-based solution for production ingest and playout of news, sports, live entertainment, and other TV content. The platform will give RÚV the flexibility to ingest and play out both standard HD resolutions and higher quality resolutions as AVC Intra, including 1080p50. Avid | Stream IO will allow RÚV’s production teams to migrate from legacy workflows and on-premises deployment to cloud and IP workflows at their own pace. It will also support all common production formats, including SDI, and will expand support for emerging IP standards and higher-precision formats, such as 4K and HDR. The platform also supports Avid’s proven fast-turnaround workflows and integrates with RUV’s existing subscription agreement to Avid’s media workflow platform MediaCentral, minimizing disruption to production.
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Alpha Metallurgical Resources Set to Join S&P SmallCap 600
Rhea-AI Summary
Alpha Metallurgical Resources Inc. (AMR) will replace Avid Technology Inc. (AVID) in the S&P SmallCap 600 effective November 10, 2023. This change is due to Symphony Technology Group's acquisition of Avid Technology. The addition of AMR represents the Materials sector, while the deletion of AVID represents the Information Technology sector.
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7.44%
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STG Completes Acquisition of Avid Technology
Rhea-AI Summary
Avid Technology, Inc. (NASDAQ: AVID) has been acquired by an affiliate of STG in an all-cash transaction valued at approximately $1.4 billion. Avid stockholders will receive $27.05 per share. The company will operate as a privately-held company and remain headquartered in Burlington, Massachusetts.
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Brazil’s Record TV Upgrades Studios with Avid Audio Solutions to Power Top TV Broadcasts
Rhea-AI Summary
Brazilian TV broadcaster Record TV has upgraded its audio post-production studios with Avid's Pro Tools | HDX and MTRX Studio interfaces. They also upgraded eight production studios with Pro Tools | Carbon. The upgrades will allow Record TV to deliver faster and higher-quality programming. The collaboration between Record TV's teams and Avid has been instrumental in the success of the project.
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Avid Joins Roybal School of Film and Television Production Magnet
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Avid partners with the Roybal School of Film and Television Production Fund to provide post-production skills training to underrepresented L.A. students
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Avid Unveils Pro Tools Sketch for Modern Music Creators and to Expand Pro Tools Workflows
Rhea-AI Summary
Avid announces Pro Tools Sketch, a new non-linear creation tool in Pro Tools software, available as a free iPad app. Pro Tools Sketch allows musicians to capture ideas and experiment with concepts, offering a library of free loops and effects. The Pro Tools 2023.9 update also introduces Export Selected Range and drag-and-drop plugin slot reordering. The Pro Tools Sketch app is now available for free download, and the software update is available to all Pro Tools customers on an active subscription or perpetual license.
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ITV Studios’ International Production Arm Extends Partnership with Avid to Standardize and Streamline Post-Production Workflows
Rhea-AI Summary
ITV Studios signs new subscription deal with Avid to standardize media storage and workflows across international studios
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-0.11%
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ITV Partners with Avid to Upgrade Its National and Regional News Production Systems
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ITV partners with Avid to modernize news editing and storage systems
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Avid Brings Next Wave of Audio Production Innovations to IBC2023 Show
Rhea-AI Summary
Avid previews breakthrough technologies for Pro Tools workflows at IBC2023, including integration with Dolby Atmos and iZotope's RX Spectral Editor. Tighter integration between Pro Tools and Media Composer also showcased. New hardware solutions like Pro Tools | MTRX II audio interface and Thunderbolt 3 connectivity introduced. Pro Tools remains the global standard for audio post production.
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Avid Unveils Innovations at IBC2023 Show to Drive the Open and Collaborative Future of Media Production
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Avid debuts new software products and solutions at IBC2023 to enhance collaboration and workflows in television, film, and news production.
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Stock AVID logo
Avid Technology, Inc.

Nasdaq:AVID

AVID Rankings

N/A Ranked by Market Cap
#2104 Ranked by Stock Gains
N/A Ranked by Dividends

AVID Stock Data

1.19B
33.58M
7.2%
86.04%
2.61%
Computer Storage Device Manufacturing
Manufacturing
Link
US
Burlington

About AVID

behind award-winning films, videos, music recordings, tv shows, live concerts and news broadcasts is avid everywhere — providing content creators with the tools to make, manage, store, distribute and monetize content. the avid mediacentral platform is an open, extensible and customizable foundation that streamlines your entire workflow. it offers four suites: artist, media, storage and studio. the artist suite allows users to create audio, video and graphics with proven and trusted creative tools. with the media suite, users can manage, distribute and monetize media with powerful collaborative systems. the storage suite allows users to capture, store, protect and play media with high-performance systems. and with the studio suite, users can captivate and engage viewers with in-studio and sports enhancement tools. whether you’re in audio and music production, broadcast and media, or video production, avid addresses your key needs and provides a more efficient way of working.