The acquisition will allow Avid to combine its digital-first, end-to-end media solution with Wolftech’s expertise in story-centric workflow management. The integration of Wolftech and Avid is intended to enable news organizations to rapidly deliver stories through multiplatform amplification, significantly increasing efficiency and improving remote collaboration.

Wellford Dillard, CEO of Avid Technology, commented on the acquisition, stating: “We are thrilled to welcome Wolftech to the Avid family. This acquisition strengthens Avid’s position in the news market and underscores our commitment to deliver best-in-class solutions that empower news organizations to thrive in today’s fast-paced digital landscape. Together, Avid and Wolftech will change the game for news production teams, delivering innovative tools and workflows that enable compelling, yet efficient, storytelling.”

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Avid | Stream IO is the next-generation ingest and playout solution that enables fast turnaround workflows for news and sports. With a flexible software architecture that supports flexible deployment on common off-the-shelf (COTS) hardware, Avid | Stream IO is configurable for both SDI streams and IP-based formats, allowing production teams to migrate from legacy workflows to IP workflows at their own pace. It also supports high precision imagery including 1080P, UHD and HDR – at a lower cost per channel than traditional hardware-based systems.

Tim Claman, Chief Product Officer at Avid, explains, “The enhancements in this new release reflect Avid’s drive to increase efficiency and enable Avid customers to stay ahead of the increasing demand for high quality news, sports and live entertainment content. Broadcasters can now ingest and playout any feed for any production workflow, while taking advantage of a lower cost of entry, thanks to Avid | Stream IO’s software-based subscription licensing model.”

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Hofstrand brings to the role a decade of experience with Avid’s live sound product line, having started in quality assurance for the launch of Avid VENUE | S6L. He then moved into a product design role for VENUE in 2022, managing new features and hardware updates to meet the demands of the touring and installed sound markets.

“I’m excited and grateful for this opportunity to keep making VENUE the best system an engineer can ask for,” says Hofstrand. “I’ve spent years on VENUE systems because they just make sense. The Avid Live Sound team is a passionate group of people, always pushing to that next big thing to change the industry, and I look forward to delivering continued value for VENUE customers.”

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Matt Feury, Avid Senior Director, Market Solutions: Video & Post, says, “Day-to-day collaboration with our customer base is nothing less than an extraordinary experience for Team Avid. It’s a true pleasure to present this lens onto the hearts and minds of the creative community for the rest of the world to enjoy during the run up to the Emmy® ceremony.”

The Creative Arts Emmy® Awards and Governors Gala takes place on Saturday, September 7, and Sunday, September 8, 2024. The 76th Emmy® Awards telecast airs on Sunday, September 15, on ABC.

The post Avid Artist Interviews Spotlight Emmy® Award-nominated Editors from the Avid User Community appeared first on STG.

Avid Chief Customer Officer, Deb Sanders explains: “We’re thrilled to continue working with organizations and initiatives in bringing diversity to the media industry and uplifting underrepresented creators through the Avid Learning Collective. Each year Avid is proud to partner with a new cohort of incredible organizations from all over the world.”

Media Technology & Workflow Executive, and ACA Executive Board Co-Chair, Marcy Lefkovitz adds: “The collaboration we have with Avid Learning Collective recipients ultimately shines a light on creatives and storytellers who might have otherwise gone unseen. We have a great opportunity here to not only bridge the tools and resource gap, but to connect people and communities to a larger network.”

The post Avid Learning Collective Sponsorship Awarded to Six Educational Organizations appeared first on STG.

Harbor Head of Post Technology Paul Sisley said: “We are thrilled to continue our long-term relationship with Avid and HHB enabling us to continue delivering premium content to our clients with even the most demanding of audio workloads and delivery schedules across geographies depending on our clients’ needs.”

Avid’s Chief Sales Officer Tom Evetts adds: “With a reputation as one of the industry’s leading post houses, Harbor has been a longstanding customer of Avid since it began in 2012. We’re delighted to continue our relationship, helping to provide Harbor with world-class equipment.”

The post Harbor Picture Co Upgrades Audio Post Production with Avid Storage appeared first on STG.

Avid Chief Product Officer Tim Claman explains, “Our customers need to find ways to become more efficient, removing friction from their workflows while dealing with increasingly complex projects. Avid NEXIS is already the most trusted shared storage platform in the industry. With the latest enhancements to NEXIS software, Avid has now set a new standard for audio performance, for both audio-only facilities and mixed audio/video environments, enabling fluid content sharing without performance compromises.”

He continues, “While this ground-breaking innovation has been proven to exceed the expectations of the most demanding, large-scale audio facilities, the performance and workflow advantages apply to smaller configurations as well. And, because the enhanced performance is the result of software innovation, existing customers simply need to update their NEXIS software to reap the benefits.”

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Pro Tools 2024.6 adds ARA 2 support for six industry-leading plugins, including iZotope RX Spectral Editor, Synchro Arts RePitch, VocAlign, and Revoice Pro, as well as Sound Radix Auto-Align 2 and Auto-Align Post 2. Together with existing Celemony Melodyne integration, ARA 2 support enables users to leverage these tools significantly faster and easier in Pro Tools without having to roundtrip audio. Additionally, customers with active Pro Tools subscriptions and perpetual upgrade plans will automatically receive the ARA 2 plugins for iZotope RX Spectral Editor and Synchro Arts RePitch Elements as part of this release.

“Avid is known for partnering with developers to deliver better experiences,” says Rob D’Amico, Senior Director of Pro Tools Product Management at Avid. “We’re thrilled to work with these industry leaders to integrate their solutions and give our music and sound-for-picture customers the most streamlined workflows possible. This release also improves interoperability between Pro Tools and Media Composer, enabling audio and video teams to collaborate for improved efficiency.”

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“We are thrilled to appoint Wellford as the new CEO of Avid,” said William Chisholm, Managing Partner, and Patrick Fouhy, Principal, of STG. “He has an exceptional background leading software businesses and brings a wealth of valuable experience to Avid. His strong track record driving growth will be invaluable during this next phase of the company’s journey. In addition, we want to express our sincere gratitude to Jeff for his leadership and contributions to the company during his tenure as CEO and for his commitment in helping to ensure a successful transition prior to his retirement.”

“I am privileged to join such a terrific team and significant technology leader in the Media & Entertainment industry. It is a critical time for the industry, as well as an important time for Avid, and I am excited to be leading this iconic organization,” said Wellford Dillard. “The company’s continued focus on innovative technology that can help its preeminent customer base deliver on their creative and business objectives will remain at the center of Avid’s focus as we deliver on the company’s strategic goals and next phase of growth.”

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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.

“We are proud of our long-standing partnership with RÚV, and we’re delighted they’re continuing to innovate with us. Migrating to Avid | Stream IO will give them unparalleled speed, adaptable media format support and flexible deployment.” Tom Cordiner, Chief Revenue Officer at Avid

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