Press Releases

BURLINGTON, Mass. , May 18, 2023 (GLOBE NEWSWIRE) -- Avid ® ( NASDAQ: AVID ) , a leading technology provider that powers the media and entertainment industry, today announced that Jeff Rosica , its Chief Executive Officer and President, and Ken Gayron , its Executive Vice President and Chief

Subscription ARR of $150 million , an increase of 30.1% year-over-year, and total Annual Recurring Revenue (ARR) of $247 million , an increase of 8.1% year-over-year Subscription revenue of $39.4M , an increase of 19.5% year-over-year, driven by a net increase of 20,700 Active Paid Software

BURLINGTON, Mass. , April 27, 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

Avid’s Works with Avid On Demand program enables seamless, secure industry-standard product integrations to accelerate content production BURLINGTON, Mass. , April 18, 2023 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) has launched a new partner program, Works with Avid On Demand, that enables

Transitions towards cloud-based workflows and enhances audio production capabilities BURLINGTON, Mass. , April 17, 2023 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) today announced an expanded relationship with GBH and The OutPost , its award-winning audio and post production finishing facility.

Avid NEXIS | Cloud Nearline Storage now available to ease data storage costs for content creation teams  BURLINGTON, Mass. , April 14, 2023 (GLOBE NEWSWIRE) -- Avid ®  ( Nasdaq: AVID ) today announced the availability of Avid NEXIS | Cloud Nearline Storage for Avid | Edit On Demand , bringing

Tech preview to be featured at the upcoming NAB Show, demonstrating the scalable software solution for fast-turnaround workflows, with support for emerging formats and deployment models BURLINGTON, Mass. , April 14, 2023 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) is today announcing the tech

New production workflows provide ultimate production flexibility and operational efficiency using Avid Media Composer, Avid NEXIS storage and MediaCentral platform on TelevisaUnivision’s digital transformation partner Google Cloud BURLINGTON, Mass. , April 14, 2023 (GLOBE NEWSWIRE) -- Avid

MTRX II builds on the reliability of Pro Tools | MTRX while also delivering the Thunderbolt 3 Module to significantly improve capabilities and efficiency for the growing Pro Tools user community BURLINGTON, Mass. , April 12, 2023 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) today announced its new

New and innovative cloud-based workflow integrates Avid MediaCentral, Sony Electronics’ C3 Portal gateway service and Marquis software to get news to air faster than ever BURLINGTON, Mass. , April 12, 2023 (GLOBE NEWSWIRE) -- Sinclair is deploying innovative cloud-based news and content gathering