Avid Technology, a maker of professional audio and video editing software, is laying off 410 full-time employees — 15 percent of its entire workforce — and dismissing another 90 contract workers.
The major restructuring of Avid’s business also includes sales of Avid’s Pinnacle PCTV product line to Hauppauge Digital for an undisclosed amount, and Softimage 3-D game animation software business to Autodesk for $35 million.
Among Avid’s remaining brand names are Avid video editing, Digidesign and M-Audio pro audio software and hardware, Sibelius music notation software, and Sundance Digital automation.
Sony reported a 72 percent drop in profit last week in the most recent quarter. The company was hurt by a stronger yen and the global economic slowdown.
Sony said sales of its Bravia line of flat-panel televisions and digital cameras fell faster than expected in October, suggesting a deepening slump in the second half of the fiscal year.
Many analysts say share prices of top Japanese companies have fallen so far as to defy reason. Not only Sony but many of Japan’s best-known brands — including Panasonic — have had their market value drop below their so-called book value, the total worth of their buildings, equipment and other physical assets.
This eBook provides both new and veteran shooters an in-depth understanding of the technology that lies between the camera lens and the recording medium and how to maximize a camera's performance.
File-based technologies have replaced video tape methods for a majority of production and broadcast operations. The worlds of AV and IT are coalescing to create new methods and workflows for media
Video compression, editing and displays is an in-depth tutorial on MPEG compression technology, editing MPEG content and evaluating color video monitors written by long-time video expert, trainer and writer Steve Mullen, Ph. D.
2012 will be the year of mobile DTV. That’s the view of Erik Moreno, who along with Salil Dalvi, senior VP for Mobile Platform Development at NBC Universal, is co-general manager of the Mobile Content Venture.
Hear snippets of podcast interviews done throughout 2011 with Pat McDonough of The Nielsen Company, Glen Friedman of Ideas & Solutions!, Danny Wilson of Pixelmetrix and Greg Herman of Watch TV. Pictured is Danny Wilson, Pixelmetrix.
