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AVID Avid Technology Inc

27.04
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Avid Technology Inc NASDAQ:AVID NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.04 27.04 27.30 0 01:00:00

Avid Launches Stream IO Subscription-based Ingest & Playout Platform for Next-Generation Media Production

06/09/2023 4:59pm

GlobeNewswire Inc.


Avid Technology (NASDAQ:AVID)
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Avid® (Nasdaq: AVID) is today announcing the commercial availability of Avid | Stream IO™, a new flexible subscription-based software platform for production ingest and playout of news, sports, live entertainment and other TV content. Already, broadcasters around the world – including CNBC-TV18 and BQ Prime (formerly BloombergQuint) – are signing up to take advantage of the new solution at launch.

With a flexible architecture that can be configured to ingest or play out IP streams and SDI streams, Avid | Stream IO allows news, sports and live content producers to migrate from legacy workflows and on-premises deployment to cloud and IP workflows at their own pace.

Avid | Stream IO provides flexible channel configurations, supporting popular video formats, codecs and resolutions, enabling media companies to leverage new and emerging technologies within their production workflows. It offers complete deployment flexibility, now supporting both off-the-shelf certified hardware for on-premises studio environments and standard virtual machines in the cloud. 

The new platform also allows media companies to increase efficiency by combining different ingest sources in a single configuration.  Ideal for live entertainment and multi-camera productions, Avid | Stream IO will support all common production formats​, including SDI at launch, Compressed IP streams SRT / RTMP soon after, with NDI, and SMPTE 2110 to follow later next year​. As a next-generation product, Avid | Stream IO offers all the best capabilities of Avid’s proven hardware-based server solutions—AirSpeed® and FastServe®—while expanding support for emerging IP standards and higher-precision formats, such as 4K and HDR. 

Tim Claman, SVP and General Manager of Video & Media Solutions, Avid, explains, “Avid | Stream IO is our next-gen production ingest and playout solution, made to accelerate content creation pipelines and future-proof end-to-end Avid workflows. Its flexible software architecture supports on-premises, cloud and hybrid deployment models, but at a lower cost-per-channel than traditional hardware-based systems.” 

Avid | Stream IO also supports Avid’s proven fast-turnaround workflows, including shot-listing, craft editing and logging—all while tightly integrating with Avid’s MediaCentral™ production platform to minimize disruption to production. 

For more information on Avid | Stream IO, visit: www.avid.com/products/avid-stream-io. To plan your visit with Avid at IBC2023 and book an appointment to explore your own vision for the future of open media production, go to connect.avid.com/AvidIBC2023.html.

Avid Powers Greater Creators   People who create media for a living become greater creators with Avid’s award-winning technology solutions to make, manage and monetize today’s most celebrated video and audio content—from iconic movies and binge-worthy TV series, to network news and sports, to recorded music and the live stage. What began more than 30 years ago with our invention of nonlinear digital video editing has led to individual artists, creative teams and organizations everywhere subscribing to our powerful tools and collaborating securely in the cloud. We continue to re-imagine the many ways editors, musicians, producers, journalists, and other content creators will bring their stories to life. Discover the possibilities at avid.com and join the conversation on social media with the multitude of brilliant creative people who choose Avid for a lifetime of success.   

© 2023 Avid Technology, Inc. All rights reserved.  Avid, the Avid logo, AirSpeed, Avid | Stream IO, FastServe and MediaCentral are either trademarks or registered trademarks of Avid Technology, Inc., or its subsidiaries in the United States and/or other countries. Other trademarks are property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice. 

PR Contacts

Dave SmithAvid, Americas  david.smith@avid.com  978.502.9607  

Neil BestonAvid , EMEA/ANZ  neil.beston@avid.com  +44 (0) 7770 644 136

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3f2a3c05-dda0-4b68-93d4-7a38e096360a

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