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Avid Signs Largest Deal in its History to Convert CBS News Operations in New York and London
IBC, Amsterdam - 9-Sep-2005 -
Avid Technology, Inc. (NASDAQ: AVID) today announced the largest single deal in its history: a multimillion dollar broadcast deal with CBS to install Avid â end-to-end digital newsroom environments at the network’s New York City headquarters and London news bureau. The massive renovation, which will replace several tape-based news production systems, will be delivered in four stages. The first stage is currently underway and the entire project is expected to be complete by December 2006. Following the installation, Avid’s end-to-end digital news production solutions will be deployed at all three major network news operations in the US : ABC, NBC, and now CBS.
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