Avid has been losing market share for years now, but they are firmly entrenched still in film and broadcast (although a family member of mine who works NFL games for CBS as well as other high profile sporting events told me that the CBS trucks now have Avid, Premiere and, you guessed it, FCPX).
What’s mind-boggling to me is the delusion that management team has about Avid’s position in the marketplace. Horrible Q2 results but raise the full year outlook? You have to realise that Louie Hernandez is more a turnaround and sell guy versus a leader in the industry. IMHO, I don’t think he has any interest in Avid regaining it’s lofty position. It’s more “let’s crank out the good news as much as we can” and hope no one notices. Kind of sad to watch, actually. I used to do a ton of Media Composer work and now I can’t find one to rent in our region.
Scott Witthaus
Senior Editor/Post Production Supervisor
1708 Inc./Editorial
Professor, VCU Brandcenter