• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    ITV Studios' International Production Arm Extends Partnership with Avid to Standardize and Streamline Post-Production Workflows

    9/18/23 10:30:46 AM ET
    $AVID
    Computer Software: Prepackaged Software
    Technology
    Get the next $AVID alert in real time by email

    BURLINGTON, Mass., Sept. 18, 2023 (GLOBE NEWSWIRE) -- ITV Studios, the production and distribution arm of ITV PLC, which includes the UK's biggest commercial broadcaster, has signed a new subscription deal with Avid® (NASDAQ:AVID) to standardize its media storage and ways of working across its international studios in Europe and Australia.

    The new agreement will provide ITV Studios' international labels with subscriptions to the latest Avid NEXIS® F-Series storage engines, and Media Composer® video editing with Avid NEXIS | EDGE™, allowing editors and production teams to work and collaborate from anywhere, and streamline workflows throughout their post-production facilities.

    Rob O'Brien, Head of International Technology, ITV Studios, explains, "Avid's leading-edge technology aligns perfectly with the preferences of our editors. This partnership underscores our commitment to providing the best tools for our teams globally, ensuring ITV Studios remains at the pinnacle of content creation."

    ITV_Studios_Primary_Blue_RGB

    Avid's Chief Revenue Officer Tom Cordiner adds, "We're delighted the international production arm of ITV Studios is growing its partnership with Avid. This new Avid end-to-end deployment standardizes their set-up, gives a consistent way of working, and resolves the legacy issues that can come from using different storage platforms. In addition, Avid's floating licence server gives ITV's studios across Europe and Australia access to editing licences from a common source. This in turn will enable better cost control across all their studios."

    Avid NEXIS F-series storage engines offer performance that can scale to more than 30 GBps, giving ITV Studios' production teams the power to accelerate the most complex media workflows. The engines' speed and capacity are designed to accommodate growing projects and team numbers collaborating remotely without disruption or down time.

    Avid NEXIS | EDGE enables editors to work from anywhere with the same media access, workflow, and user experience as if they were editing at the facility. With a secure proxy workflow for editors using Media Composer | Enterprise, teams can find, organize, storyboard, edit, and review content from the facility, at home, or on location.

    This agreement with the international arm of ITV Studios builds on a similar deal signed by Avid with ITV Studios' UK business earlier in the summer.

    Avid Powers Greater Creators    

    People who create media for a living become greater creators with Avid's award-winning technology solutions to make, manage and monetize today's most celebrated video and audio content—from iconic movies and binge-worthy TV series, to network news and sports, to recorded music and the live stage. What began more than 30 years ago with our invention of nonlinear digital video editing has led to individual artists, creative teams and organizations everywhere subscribing to our powerful tools and collaborating securely in the cloud. We continue to re-imagine the many ways editors, musicians, producers, journalists, and other content creators will bring their stories to life. Discover the possibilities at avid.com and join the conversation on social media with the multitude of brilliant creative people who choose Avid for a lifetime of success.    

    About ITV Studios

    ITV Studios is a creator, producer and distributor of world-leading programmes that people can't get enough of. We connect millions of people every day and shape and reflect the world they live in; we are More Than TV.

    ITV Studios is home to some of the best creative minds, crafting over 6,900 hours of original programming across more than 60 production labels. Our global footprint spans 13 countries including the UK, US, Australia, France, Germany, The Nordics, Italy and the Netherlands and our global distribution business sells our catalogue of 90,000+ hours to broadcasters and platforms around the world.

    ITV Studios is part of ITV PLC, which includes the UK's largest commercial broadcaster. 

    © 2023 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, Media Composer, Avid NEXIS, and Avid NEXIS | EDGE are either trademarks or registered trademarks of Avid Technology, Inc., or its subsidiaries in the United States and/or other countries. Other trademarks are property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.    

    Avid PR Contacts   

    Dave Smith – Americas

    [email protected]

    978.502.9607

    Neil Beston – EMEA/ANZ

    [email protected]

    +44 (0) 7770 644 136

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9e1bfe89-8b99-488e-aad4-6b5bcddd0170



    Primary Logo

    Get the next $AVID alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $AVID

    DatePrice TargetRatingAnalyst
    3/6/2023$45.00Buy
    Truist
    7/12/2022$30.00Neutral
    Rosenblatt
    7/6/2022$33.00Overweight
    JP Morgan
    3/2/2022$45.00 → $42.00Buy
    Maxim Group
    More analyst ratings

    $AVID
    Financials

    Live finance-specific insights

    See more
    • Avid Technology Announces Q2 2023 Results

      Total revenue of $108.5 million, an increase of 11.1% year-over-year or 13.0% at constant currency Subscription Annual Recurring Revenue (ARR) of $154 million at quarter end, an increase of 27.0% year-over-year, and total ARR of $248 million, an increase of 7.1% year-over-year Subscription revenue of $44.4M, an increase of 30.2% year-over-year, driven by a net increase of 17,700 Active Paid Software Subscriptions in the quarter, including continued growth in enterprise subscriptions BURLINGTON, Mass., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ:AVID), a leading technology provider that powers the media and entertainment industry, today announced its financial results for the second

      8/9/23 4:56:42 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Avid Technology Enters into Definitive Agreement to Be Acquired by an Affiliate of STG for $1.4 Billion

      Stockholders to Receive $27.05 Per Share in Cash Transaction Represents 32.1% Premium to Avid's Unaffected Share Price on May 23, 2023 Avid to Become a Privately Held Company Upon Completion of the Transaction BURLINGTON, Mass., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ:AVID), a leading technology provider that powers the media and entertainment industry, today announced that it has entered into a definitive agreement to be acquired by an affiliate of STG in an all-cash transaction valuing Avid at approximately $1.4 billion, inclusive of Avid's net debt. Under the terms of the agreement, Avid stockholders will receive $27.05 in cash for each share of Avid common stock. T

      8/9/23 4:54:40 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Avid Technology Announces Conference Call to Discuss Second Quarter 2023 Financial Results

      BURLINGTON, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Avid® (NASDAQ:AVID), a leading technology provider that powers the media and entertainment industry, announced today that Jeff Rosica, Chief Executive Officer and President, and Ken Gayron, Chief Financial Officer and Executive Vice President, will host a conference call on Wednesday, August 9, 2023, at 5:30 p.m. ET to discuss the company's earnings for the second quarter of 2023, ended June 30, 2023, which will be published after the market closes that day. Investors are invited to register for the Zoom video webinar by visiting https://ir.avid.com/events-and-presentations. A replay will be available for a limited time by visiting the E

      8/3/23 8:05:00 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology

    $AVID
    SEC Filings

    See more
    • SEC Form 15-12G filed by Avid Technology Inc.

      15-12G - AVID TECHNOLOGY, INC. (0000896841) (Filer)

      11/16/23 9:00:17 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Avid Technology Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Creation of a Direct Financial Obligation, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Material Modification to Rights of Security Holders, Changes in Control of Registrant, Leadership Update, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

      8-K - AVID TECHNOLOGY, INC. (0000896841) (Filer)

      11/8/23 4:20:48 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • SEC Form S-8 POS filed by Avid Technology Inc.

      S-8 POS - AVID TECHNOLOGY, INC. (0000896841) (Filer)

      11/7/23 8:58:00 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology

    $AVID
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $AVID
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more

    $AVID
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Asmar Christian returned $194,072,200 worth of shares to the company (7,174,573 units at $27.05) (SEC Form 4)

      4 - AVID TECHNOLOGY, INC. (0000896841) (Issuer)

      11/7/23 5:33:32 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Westley Peter returned $1,860,824 worth of shares to the company (68,792 units at $27.05), closing all direct ownership in the company (SEC Form 4)

      4 - AVID TECHNOLOGY, INC. (0000896841) (Issuer)

      11/7/23 4:47:44 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Wallace John P. returned $2,495,390 worth of shares to the company (92,251 units at $27.05), closing all direct ownership in the company (SEC Form 4)

      4 - AVID TECHNOLOGY, INC. (0000896841) (Issuer)

      11/7/23 4:47:26 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13G/A filed by Avid Technology Inc. (Amendment)

      SC 13G/A - AVID TECHNOLOGY, INC. (0000896841) (Subject)

      11/13/23 9:02:39 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13D/A filed by Avid Technology Inc. (Amendment)

      SC 13D/A - AVID TECHNOLOGY, INC. (0000896841) (Subject)

      11/8/23 12:01:50 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • SEC Form SC 13D/A filed by Avid Technology Inc. (Amendment)

      SC 13D/A - AVID TECHNOLOGY, INC. (0000896841) (Subject)

      11/7/23 5:24:03 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Engine Capital Nominates Two Highly Qualified and Independent Candidates for Election to Lyft's Board of Directors at the 2025 Annual Meeting

      Intends to File Preliminary Proxy Statement and Provides Overview of the Case for Shareholder-Driven Change at Lyft Following Years of Value Destruction Engine Capital LP (together with its affiliates, "Engine" or "we"), which owns approximately one percent of the outstanding common shares of Lyft, Inc. (NASDAQ:LYFT) ("Lyft" or the "Company"), today announced that it is filing a preliminary proxy statement in connection with its nomination of two highly qualified and independent candidates – Alan L. Bazaar and Daniel B. Silvers – for election to the Company's Board of Directors (the "Board") at the 2025 Annual Meeting of Shareholders (the "Annual Meeting"). Arnaud Ajdler, Founder and Port

      4/16/25 8:00:00 AM ET
      $AVID
      $FOR
      $HSON
      $IGT
      Computer Software: Prepackaged Software
      Technology
      Real Estate
      Finance
    • Engine Nominates Two Highly Qualified Candidates for Election to MRC Global's Board of Directors at the 2024 Annual Meeting

      Believes it is Critical to Add Directors with an Investor Mindset, and Capital Allocation and Financial Markets Experience Underscores Engine's Repeated Attempts to Avoid an Election Contest, Including by its Willingness to Settle for Reduced Board Representation Engine Capital, L.P. (together with its affiliates, "Engine"), a significant shareholder of MRC Global Inc. (NYSE:MRC) ("MRC" or the "Company") and the owner of nearly 4.3% of the Company's outstanding common stock, today announced it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with its nomination of two highly qualified candidates for election to the Company's Board of

      3/19/24 9:00:00 AM ET
      $AOUT
      $AVID
      $INSE
      $MRC
      Recreational Games/Products/Toys
      Consumer Discretionary
      Computer Software: Prepackaged Software
      Technology
    • Icelandic State Broadcaster RÚV Upgrades Production Capabilities with New Avid | Stream IO

      BURLINGTON, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) --  Leading media and entertainment technology provider Avid® has signed a multi-year subscription agreement with Icelandic state broadcaster RÚV to upgrade its server platform to Avid | Stream IO™, Avid's new 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.  Iceland's national public-service broadcaster, RÚV, broadcasts linear and non-linear TV and radio across the country. RÚV Chief Technology Officer Bragi Reynisson explains, "Upgrading to Avid | Stream IO was a simple decision for us. We needed to

      11/21/23 11:12:31 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology

    $AVID
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Truist initiated coverage on Avid Tech with a new price target

      Truist initiated coverage of Avid Tech with a rating of Buy and set a new price target of $45.00

      3/6/23 9:07:43 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Rosenblatt initiated coverage on Avid Tech with a new price target

      Rosenblatt initiated coverage of Avid Tech with a rating of Neutral and set a new price target of $30.00

      7/12/22 7:13:48 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • JP Morgan initiated coverage on Avid Tech with a new price target

      JP Morgan initiated coverage of Avid Tech with a rating of Overweight and set a new price target of $33.00

      7/6/22 9:17:19 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology

    $AVID
    Leadership Updates

    Live Leadership Updates

    See more
    • Avid Hires New Leader for Audio & Music Solutions to Accelerate Subscription Business and Music Market Expansion

      BURLINGTON, Mass., Sept. 12, 2022 (GLOBE NEWSWIRE) -- Avid® (NASDAQ:AVID) today announced the appointment of music and media technology executive David Toomey to Senior Vice President & General Manager of Audio & Music Solutions. David was selected for his exceptional track record and reputation of successful operations leadership of subscription businesses, digital commerce platforms and digital go-to-market strategies, making major contributions to leading music recording labels, technology providers and their renowned clients during the last 20 years of disruption and transformation across the media & entertainment and music industries. David Toomey joins Avid following six years with

      9/12/22 4:05:00 PM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Avid Names Adistec as Master Distributor to Expand the Reach of Its Video and Audio Business Throughout Latin America

      BURLINGTON, Mass., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Media technology provider Avid Technology, Inc. (NASDAQ: AVID) today announced the appointment of Adistec® Corp. as sole master distributor of all Avid® audio and video products to Avid’s reseller network throughout 17 Latin American countries. Establishing Adistec as a strategic partner, Avid will leverage Adistec’s localized expertise to accelerate its logistics, finance and other processes in the region to keep pace with demand for content creation and management tools and solutions in television, film, music, and education markets. Headquartered in Miami, Adistec is a value-added distributor of datacenter, networking and security te

      2/23/21 8:50:00 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology
    • Avid Customer Association Expands Executive Board of Directors and Strengthens Expertise from Across the Media & Entertainment Industry

      BURLINGTON, Mass., Dec. 08, 2020 (GLOBE NEWSWIRE) -- The Avid Customer Association (ACA) in partnership with Avid (NASDAQ: AVID) today announced the expansion of its executive board of directors with the appointment of four highly accomplished film and television creators including picture editor Shannon Baker Davis, supervising sound/Dia/ADR editor Bobbi Banks, editor and colorist Monica Daniel, and sound editor, mixer and composer Eric Johnson. The executive board oversees the ACA community which today fosters connections and collaboration among more than 30,000 members working in all aspects of media and entertainment to shape the future of media technology. “Right now, the ACA board i

      12/8/20 9:00:00 AM ET
      $AVID
      Computer Software: Prepackaged Software
      Technology