CNN+ Goes Live with Avid All-Digital Production Environment; Major Broadcast Joint Venture Chooses Avid Workflow for News Production.Business Editors/High-Tech Writers TEWKSBURY, Mass.--(BUSINESS WIRE)--Jan. 28, 2003 Avid Technology "Avid" redirects here. For the "Advancement Via Individual Determination" educational program, see AVID. Avid Technology, Inc NASDAQ: AVID is an American company specializing in video and audio production technology; specifically, digital non-linear media editing (NLE) , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AVID) today announced that CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. +, a joint venture between Turner Broadcasting International and Sogecable, Spain's leading independent television group, has completed installation of an end-to-end Avid(R) digital news production environment designed to streamline news production for CNN+ and facilitate the network's delivery of 24-hour news coverage. "Sogecable is a pioneer in introducing digital news production in Spain," said Adolfo Remacha, deputy technical director at Sogecable. "Our mission is to inform more than two million viewers with up-to-the-minute information - 24 hours a day, seven days a week. We've built our reputation by delivering programming with precision, and by deploying an Avid system at CNN+, we are producing content with even greater quality, speed, and accuracy." CNN+, the first 24/7 Spanish news channel, was launched in Spain in January 1999 as a joint venture between Turner Broadcasting System Turner Broadcasting System, Inc. (often abbreviated TBS Networks or TBS, inc.) is the company managing the collection of cable networks and properties started by Robert Edward "Ted" Turner from the mid-1970s to the late-1990s. International -- responsible for worldwide operations of CNN -- and Sogecable -- owner of Canal + and Canal Satellite Digital. The all-Avid digital news production workflow at CNN+ provides direct media ingest in·gest tr.v. in·gest·ed, in·gest·ing, in·gests 1. To take into the body by the mouth for digestion or absorption. See Synonyms at eat. 2. , journalist collaboration, simultaneous real-time editing, newsroom automation, media asset management, postproduction post·pro·duc·tion n. A final stage in the production of a film or a television program, occurring after the action has been filmed or videotaped and typically involving editing and the addition of soundtracks. editing, and play-to-air. This end-to-end production environment enables a team of 80 journalists to share media and create stories using a collection of international images from 36 CNN worldwide correspondents as well as CNN's broader network of 750 television and radio channels. "We are thrilled to be the leading supplier of digital solutions to CNN+ -- one of the world's most recognizable and reputable news outlets," said Graham Sharp, vice president of European Operations for Avid. "This massive installation is another great example of how digital IP-based technology is transforming the way leading broadcasters create, produce and transmit media - and it further demonstrates how Avid's revolutionary technology is taking hold amongst top broadcasters around the world." The installation at CNN+ was the final phase of a three-phase project and completes Sogecable's two-year transition from tape-based television and news production to an all-digital production environment. Phase one saw the deployment of an Avid end-to-end postproduction environment for Sogecable's Programming and Promotions Department and phase two provided an Avid all-digital environment for Sogecable's Sports Department. With the completion of CNN+, users across Sogecable's three facilities can share media electronically, and significantly improve workflow and turn-around times. About Avid Technology, Inc. Avid Technology, Inc. delivers the solutions that Make, Manage and Move Media(TM). As a recognized digital standard for professionals who Make the world's media -- from video, audio and film to animation, special effects special effects, in motion pictures, cinematographic techniques that create illusions in the audience's minds as well as the illusions created using these techniques. and streaming media See streaming audio, streaming video and digital media hub. -- Avid's products are used to make more television and news shows, commercials, music videos and CDs, corporate/industrial productions and major motion pictures combined than any other nonlinear editing See nonlinear video editing. manufacturer in the world. Building on its award-winning heritage, which includes several Emmy(R) awards as well as an Oscar(R) statuette representing the 1998 Scientific and Technical Award for the concept, design and engineering of the Avid Film Composer(R) systems for motion picture editing, Avid is extending its reach by redefining how digital media is shared, stored and distributed. To Manage today's increasingly rich collection of dynamic media, Avid provides powerful servers, networks and media tools to help customers search files, share media and collaborate on new productions, both locally and globally. Avid's solutions also empower users to easily Move media, whether on air, over cable or satellite or through the Internet. Like no other media company today, Avid's end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. span the continuum of media creation, management and distribution. The company's corporate headquarters are located in Tewksbury, MA. More information about the company is available at www.avid.com. (C) 2003 Avid Technology, Inc. All rights reserved. Avid, Film Composer, and Make, Manage and Move Media are either registered trademarks or trademarks of Avid Technology, Inc. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. Oscar is Oscar I, 1799–1859, king of Sweden and Norway (1844–59), son and successor of Charles XIV. His reign was one of social and economic advance. His book on the reform of criminal law and prisons had wide influence. Oscar was succeeded by his elder son, Charles XV. a registered trademark and service mark of the Academy of Motion Picture Arts and Sciences. Emmy is a registered trademark of ATAS/NATAS. All other trademarks contained herein are the property of their respective owners. |
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