| Business Summary | | Avid
Technology,
Inc.
develops,
markets,
sells
and
supports
a
wide
range
of
software
and
systems
for
digital
media
production,
management
and
distribution.
Digital
media
are
media
elements
(video,
audio
or
graphics)
in
which
the
image,
sound
or
picture
is
recorded
and
stored
as
digital
values,
as
opposed
to
analog
or
tape-based
signals.
The
Company's
products
are
used
worldwide
in
production
and
post-production
facilities,
film
studios,
network,
affiliate,
independent
and
cable
television
stations,
recording
studios,
advertising
agencies,
government
and
educational
institutions,
corporate
communication
departments
and
by
Internet
professionals
and
hobbyists.
Projects
produced
using
the
Company's
products
involve
motion
pictures
and
prime-time
television,
music,
video
and
marquee
recording
artists. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Avid
develops,
markets,
sells
and
supports
a
wide
range
of
software
and
systems
for
creating
and
manipulating
digital
media
content,
including
video,
audio
and
graphics.
For
the
six
months
ended
6/30/01,
revenues
decreased
less
than
1%
to
$227.6
million.
Net
loss
decreased
33%
to
$25.3
million.
Revenues
reflect
lower
systems
sales.
Lower
loss
reflects
reduced
personnel
related
expenses,
and
lower
acquisition-related
amortization. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Halperin, 72 Chairman | -- | David Krall, 40 Pres,
CEO | $697K | Paul Milbury, 52 CFO,
VP | -- | Carol Reid, 53 VP
and Corp. Controller | -- | Joe Bentivegna, 40 VP
and Gen. Mang. of Aivd Media Solutions | 317K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|