March 1, 2014, 02:51 PM
http://www.cinema5d.com/news/?p=23673
Over the years Avid has gone from being a very profitable company, to one that has been, and is still in financial trouble. Their stock has dropped rapidly, and many have lost confidence in a once viable company. Today Avid has restructured their team and the company has a whole in hopes to turn things around. The company continues to be supportive of Hollywood, but many core users have moved on to Adobe Premiere Pro or FCP, and even FCPX.
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