Press Releases

Cloud hosted technology solutions provided by Avid optimize edit, storage and collaboration scaling for Paramount production teams globally BURLINGTON, Mass. , March 17, 2022 (GLOBE NEWSWIRE) -- Today, Avid ® ( Nasdaq: AVID ) proudly announces an expansion of its managed cloud solution offering

Companies expand on initial collaboration and momentum in LATAM BURLINGTON, Mass. , March 08, 2022 (GLOBE NEWSWIRE) -- Avid Technology, Inc . ( NASDAQ: AVID ) today announced the expansion of its distribution agreement with Adistec Corp. into the U.S.

$119.1 Million Q4 Revenue and Year-Over-Year Growth of 14.2% in Q4 and 13.7% in FY 2021 $34.1 Million Q4 Subscription Revenue and Year-Over-Year Growth of 38.8% in Q4 and  48.9% in FY 2021 $0.33 Q4 Net Income per Common Share and Year-Over-Year Growth of 106.3% in Q4 and  256.0% in FY 2021 $0.46 Q4

XXIV Olympic Winter Games Take Place February 2–20, 2022 Across Networks of NBCUniversal NBC Sports Utilizes Avid Media Production & Storage Solution for its Production of Olympic Winter Games STAMFORD, Conn. , Feb. 16, 2022 (GLOBE NEWSWIRE) -- NBC Sports has selected Avid to provide media creation

BURLINGTON, Mass. , Feb. 15, 2022 (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

Unique innovations enable content creation teams to collaborate without compromise and work from anywhere with Avid’s proven, industry-leading workflows BURLINGTON, Mass. , Feb. 02, 2022 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) today extended the power of its collaborative post production

BURLINGTON, Mass. , Dec. 22, 2021 (GLOBE NEWSWIRE) -- Avid ® ( NASDAQ: AVID ) , a leading technology provider that powers the media and entertainment industry, today announced that its executive management will participate in an investor conference during January 2022 .

New program gifts video and audio creation technologies and training to high-performing learning initiatives; call for 2022 applications open through February 15 BURLINGTON, Mass. , Dec. 21, 2021 (GLOBE NEWSWIRE) -- Avid ® ( Nasdaq: AVID ) and the customer-led Avid Community Association (ACA) today

Growing adoption of Avid’s SaaS offering highlights benefits of remote workflows to keep post production teams in motion BURLINGTON, Mass. , Dec. 15, 2021 (GLOBE NEWSWIRE) -- Black Spot Media Group and Luminosity Entertainment are the latest among a growing roster of media production companies

Adobe Photoshop and Adobe After Effects Users Can Collaborate Seamlessly in Avid’s Open MediaCentral Production Environments BURLINGTON, Mass. , Dec. 08, 2021 (GLOBE NEWSWIRE) -- TV newsrooms and production workflow teams can now bring graphic designers directly into their Avid ® ( Nasdaq: AVID )