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Stock impact report

Avid Keeps the Carolina Panthers at the Cutting Edge with Multi-year Enterprise Agreement

Avid Technology, Inc. (AVID) 
Last avid technology, inc. earnings: 3/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.avid.com/investor-relations
Company Research Source: GlobeNewswire
BURLINGTON, Mass., Dec. 04, 2018 (GLOBE NEWSWIRE) -- Avid® (Nasdaq: AVID), the leading technology provider that powers the media and entertainment industry, today announced that the Carolina Panthers NFL organization has entered a six-year enterprise agreement with Avid to standardize its media production workflow on the MediaCentral® platform. The agreement will enable the Panthers to engage fans with higher-quality content and stay current with the latest technology, while improving operational efficiency and reducing costs. The Panthers’ aging post production infrastructure was increasing the risk of downtime and impeding the video department’s ability to meet deadlines. The Panthers’ production crew had limited storage capacity to meet growing content demands and were unable to use the latest software features to take advantage of new workflows, codecs, and delivery requirements. They needed to upgrade their post production facilities but wanted to avoid having to make large Show less Read more
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