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Stockreport

Hal Leonard and Avid Enter into Five-year Multi-million Dollar Agreement to Distribute Pro Audio & Video Products

AVID TECH INC (AVID)  More Company Research Source: GlobeNewswire
Last avid tech inc earnings: 5/10 04:23 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avid.com/investor-relations
PDF BURLINGTON, Mass., Sept. 05, 2018 (GLOBE NEWSWIRE) -- Avid® (Nasdaq: AVID), the leading technology provider that powers the media and entertainment industry, and Hal Leonard LLC, the largest music print publisher in the world, and a leading distributor of books, gear, software and music technology to thousands of music retailers and online music stores, have entered into a new five-year agreement that extends the reach of Avid’s market-leading creative tools with artists, creative professionals, aspiring pros and educational institutions through Hal Leonard’s large network of resellers around the globe. This long-term agreement, signed in July, is among Avid’s largest distribution deals to date and represents an annual multi-million dollar value to Avid, while providing for Hal Leonard’s distribution professional audio and video products through authorized resellers in the Americas, Australia, New Zealand and selected countries in EMEA. Avid tools and solutions are offered to the [Read more]

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