Avid has extended its agreement with long-time customer and global media conglomerate Al Jazeera Media Network, AJMN, with a deal that will transition the network’s production operation towards a cloud-based subscription service, together with multi-site collaboration and remote production. Al Jazeera selected Avid to completely upgrade and expand its news and programming creation workflows and connect teams distributed across its regional hubs – in Qatar, London, and Washington, DC – and its global network of news bureaus and other sites. The new multi-year comprehensive agreement will convert Al Jazeera onto an Avid MediaCentral Flex subscription model, giving them access to the latest platform tools and Avid NEXIS storage. It will also include a transition path in the near future from its existing hardware servers onto Avid’s next-generation software-based and cloud-enabled media ingest and playout platform, Avid Stream IO.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AVID:
- Al Jazeera Extends Relationship with Avid to Enable Subscription and SaaS Cloud-Based Production for Thousands of Users Around the World
- Avid Artists Interviews Shine a Light on Emmy® Award-nominated Editors from the Avid User Community
- Redfin upgraded, CSSE downgraded: Wall Street’s top analyst calls
- Avid Technology downgraded to Hold on buyout at Truist
- Avid Technology downgraded to Hold from Buy at Truist
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue