What does these things have in common? Well, Avid, M-Audio, Digidesign and Sibelius have all been used to make this years Olympic games happen. Read on to find out the details, but beware, it’s pure advertising from Avid.
Read more →

For those of you interested in economics, Avid first quarter results.

I know some of you are interested in these things.

The following is a press release from Avid

Avid Technology, Inc. (Nasdaq: AVID) today announced the availability of its 2007 Annual Report to Stockholders, including audited financial statements for the company’s 2007 fiscal year, on its website, www.avid.com. Stockholders of the company may also receive a hard copy of the 2007 Annual Report free of charge upon request by following the instructions on the website. Avid filed its 2007 Annual Report on Form 10-K with the Securities and Exchange Commission on February 29, 2008.

Avid

This is an interesting type of announcement. Avid has actually “unveiled a new thinking”. No, it’s not code for some new product, it actually is new thinking!
Read more →

Avid announced today that all of the nominated and award-winning films in the Best Motion Picture, Directing, Film Editing, Sound Editing, Sound Mixing, Visual Effects, Documentary Feature and Original Score categories at the 80th Annual Academy Awards were created using at least one Avid, Digidesign, Sibelius or Softimage system. Nearly two-thirds of these nominees employed workflows consisting of multiple systems from the various Avid brands, and for the eighth-consecutive year, every nominee for a Sound Editing Oscar used Digidesign Pro Tools systems. In addition, the award-winning Animated Feature used both Avid and Digidesign systems, the Visual Effects winner used SOFTIMAGE|XSI for pre- and post-visualization as well as Avid systems, and the majority of the nominees for Original Song were scored using Sibelius 5.

Avid

Avid Technology announced today that its Board of Directors approved a $100 million increase in authorized funds for the stock repurchase program that it announced on April 26, 2007. Prior to this increase, Avid completed stock repurchases under the program totaling approximately $100 million, the original authorized fund amount. Under the program, the company may repurchase shares through transactions on the open market, in block trades or otherwise. The stock repurchase program is funded using the company’s working capital.

Avid

Avid Technology, Inc. (Nasdaq: AVID) today reported revenue of $258.5 million for the three-month period ended December 31, 2007, compared to $239.0 million for the same period in 2006. GAAP net income for the quarter was $3.9 million, or $.09 per diluted share, compared to a GAAP net loss of $52.6 million, or $1.28 per share, in the fourth quarter of 2006.
Read more →

Avid Technology, Inc. has announced the winners of its back-to-school video competition, a contest designed to connect aspiring talent to some of today’s most popular filmmakers, editors and news professionals. Judged by pros on the creative and technical edits of the submission, this year’s grand prize winning entries are: Aaron Hudson’s “Editing + VFX” and Carol Benwell’s “2007 Editing Reel.”

You can watch the winners videos here at Avid.

Here’s something for all you post guys and gals.

Integrate your Pro Tools® editing prowess into the full Avid® video workflow with the utmost efficiency. Media Station|PT™ 2.7 with the Video Satellite Option lets you play back any Avid video sequence in perfect sync with Pro Tools installed on a separate system, eliminating time-consuming video exports and preserving full audio processing power in Pro Tools. Media Station|PT 2.7 also provides full support for Avid Unity™ shared storage systems and Avid Interplay™, and even serves as a standalone video capture, export, and layback station.

More at Digidesign

Now available for download from the individual product pages in Support & Downloads, as well as the Pro Tools CS Updates page.
Read more →