10 Jun
News headlines for broadcast, pro and streaming media sectors, worldwide
SCRI and Creative COW are about to conduct a large sample technology survey among media production professionals, worldwide. We are inviting inputs to the survey design phase which closes at the end of this week. You can preview the draft survey online by clicking here. If any of our readers wish to provide inputs, please email them to des_chas@scri.com.
26 May
News headlines for broadcast, pro and streaming media sectors, worldwide
Avid continues to report financial problems, the latest being that the company has acknowledged accounting errors leading to revised consolidated financial statements. In addition Avid is still not in compliance with Nasdaq continued listing requirements and expects to receive a second letter from Nasdaq regarding the company’s listing. This follows several previously announced financial issues including the potential delisting from Nasdaq (Avid Gets More Bad News) , the postponement of Q3 earnings release (Avid Postpones Q3 Earnings Release), and the replacement of Gary Greenfield as CEO (Avid Switches CEO’s on Heels of Declining Revenue Trend) and just recently as a Board Director (Avid Ex CEO Now Resigns As Director) and the replacement of CFO Ken Sexton (Avid Replace CFO Amid Financial Troubles)
20 May
News headlines for broadcast, pro and streaming media sectors, worldwide
20 May
News headlines for broadcast, pro and streaming media sectors, worldwide
Autodesk reported a Q1 decline in revenue across the board, with an 8% decline in Media & Entertainment division revenue, to $47M million, compared to Q1 in 2012.
These results are in contrast to the positive Q4 results releases in February (Autodesk Reports Annual Revenue Up 14% ) where the company reported a 14% revenue growth across the board, with a 7% increase in the Media & Entertainment division.
10 May
News headlines for broadcast, pro and streaming media sectors, worldwide
Chyron has announced a 2013 Q1 net loss of $917K, compared to a $951K net loss in 2012; this in spite of a 2% overall revenue increase. In fact, only product revenue increased (3%); in contrast, services revenue declined (2%). A week earlier, the company announced a board approved reorganization plan to reduce operating expenses by cutting twenty employees, with severance pay and benefits. [...]
8 May
News headlines for broadcast, pro and streaming media sectors, worldwide
Cloud-based storage or other cloud-based software applications received much attention at NAB 2013 but how much of that is hype and how much is real in the broadcast pro video space? SCRI has conducted a comprehensive global survey of broadcasters and pro video facilities with Broadcast Engineering Magazine and tracked how these facilities are dealing with a wide range of new technologies in a new Broadcast Technology Report
30 Apr
News headlines for broadcast, pro and streaming media sectors, worldwide
In December 2012 Harris pulled the plug on it’s Broadcast Division which was sold to an industry outsider, Gores Group (Harris Sells Broadcast Division to Industry Outsider ). The question at the time was what would happen to the new Harris Broadcast. SCRI polled broadcast execs for their thoughts on the future of the newly formed company (Harris BCD Poll Results & Comments and Update: Harris BCD Post Acquisition by Gores Group) [...]
28 Apr
News headlines for broadcast, pro and streaming media sectors, worldwide
A month after receiving a letter from Nasdaq saying the company is in danger of being delisted(Avid Gets More Bad News ), Avid has named a new CFO to replace Ken Sexton, who has held the role for the past five years. This follows on the heels of the not so amicable replacement of CEO Gary Greenfield in February (Avid Switches CEO’s on Heels of Declining Revenue Trend ) [...]
24 Apr
News headlines for broadcast, pro and streaming media sectors, worldwide
Now that NAB 2013 and all the product announcements and technology discussions are behind us, it is time to sort the hype from the metrics. To this end, SCRI has now completed all of its thirty plus 2013 Market and Product Reports covering the broadcast, pro video, digital film and content creation vertical markets. [...]
11 Apr
News headlines for broadcast, pro and streaming media sectors, worldwide
The RED litigation saga continues with Sony now filing a patent litigation suit against RED last Friday. This follows RED’s successful settlement of a lawsuit in March against ARRI (RED vs. ARRI Lawsuit Settled ) and the patent infringement claim against Sony in February (RED goes after SONY) [...]
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