• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Data Market
Data News
Data Stocks
  • Data Market
  • Data News
  • Data Stocks

Raycom Sports Chooses Avid to Standardize its Workflow

Bala Yogesh
Jun. 28, 2018 08:28AM PST
Data Investing

Avid (NASDAQ:AVID), the leading technology provider of software tools and platforms announced that leading independent sports marketing firm, Raycom Sports has chosen to standarize its workflow on Avid’s platform. The company said that Raycom Sports will upgrade its existing Avid workflows enabling it to leverage existing, high value media assets to deliver Atlantic Coast Conference …

Avid (NASDAQ:AVID), the leading technology provider of software tools and platforms announced that leading independent sports marketing firm, Raycom Sports has chosen to standarize its workflow on Avid’s platform.

The company said that Raycom Sports will upgrade its existing Avid workflows enabling it to leverage existing, high value media assets to deliver Atlantic Coast Conference coverage that drives viewership.

As quoted in the press release:

Headquartered in Charlotte, North Carolina, and owned and operated by Raycom Media, Raycom Sports has been producing and distributing NCAA’s ACC sports – primarily football and basketball – since the early 1980s and holds the syndicated television rights through 2027. Raycom Sports manages all the ACC’s digital assets, as well as some 60-70 years of historical footage that has never been digitized. It needs to digitize these assets to monetize the content when it starts supplying assets to the new ACC Network on ESPN in 2019. In addition to its inability to ingest, archive and access this vast library, its aging infrastructure made it challenging to support integrated workflows and remote teams, slowing production and increasing costs.

To overcome these challenges, Raycom Sports invested in a complete end-to-end sports production workflow based on MediaCentral, with ingest and archiving capabilities for monetizing assets. The fully integrated workflow will support multiple production departments and broadcast teams, and allow users to quickly access, manage, repurpose and monetize content.

“Avid’s reliable technology allows us to focus on telling compelling stories,” said Alex Farmartino, Coordinating Producer at Raycom Sports. “Whether it’s the story of a game or a feature about a player off the field, the main reason we’ve stuck with Avid is it works. If you have something that you know is going to work, it allows you to do your job better. That’s been a common theme throughout my experience with Avid for as long as I’ve worked with them.”

Avid channel partner Marshall Graphics Systems will help Raycom Sports implement the new MediaCentral workflow, which will support a collaborative working environment by providing access to content across departments and geographies, while supporting ingest and archiving of historical assets. It will also support Raycom’s future UHD/4K needs. The new workflow, which includes Avid NEXIS®, the media industry’s first software-defined storage platform, MediaCentral | Asset Management and Avid FastServe™ media servers, will be central to its efforts to thoroughly digitize the Raycom Sports ACC library in an efficient and seamless manner.

“In the competitive world of sports broadcasting, media companies can offset increasing operation costs and create new revenue streams by being able to quickly search for and repurpose existing content,” said Ray Thompson, Director, Broadcast and Media Solutions Marketing at Avid. “With its new MediaCentral workflow, Raycom Sports can facilitate remote production and collaboration by enabling staff across departments and locations to search for and access the same media, while streamlining media lifecycle management and ensuring historical content is preserved for future generations to enjoy.”

Click here for the full text release.

nasdaq:avid north carolina
The Conversation (0)

Go Deeper

AI Powered
About Us

About InvestingNews.com

Tech Outlook: Australia Edition

Tech Outlook: Australia Edition

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Data Investing Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES