An unexpected new wrinkle has arisen for Pro Tools, with a sudden CEO change for parent company Avid.
Louis Hernandez, Jr., who had headed AVID since 2013, was unexpectedly announced on February 26th to have been terminated from his position. The company’s Board of Directors appointed Jeff Rosica as Chief Read more...
Google “NASDAQ: AVID” this morning, and the news isn’t pretty.
On February 25, Avid announced that it was postponing its Q4 and full year earnings for 2012, with the purpose of providing “additional time for the company to evaluate its current and historical accounting treatment related to bug fixes, upgrades Read more...
For a minute, it looked like Avid had dropped the drama.
Everyone who visited their booth at NAMM a couple of weeks ago saw reassuring signs, as a wave of Avid-shirted workers manned all four sides of their mega-booth. The big news announcements felt comforting too, including new homemade AAX Read more...
