Icelandic State Broadcaster RV Upgrades Production Capabilities with New Avid | Stream IO

Multi-year subscription provides broadcaster with next-generation ingest & playout solution for media production needs

RUV headquarters

RUV flags at RUV HQ

BURLINGTON, Mass., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Leading media and entertainment technology provider Avid has signed a multi-year subscription agreement with Icelandic state broadcaster R V to upgrade its server platform to Avid | Stream IO , Avid's new ingest and playout solution.

Avid | Stream IO will provide R V with a software-based solution for production ingest and playout of news, sports, live entertainment and other TV content.

Icelands national public-service broadcaster, R V, broadcasts linear and non-linear TV and radio across the country. R V Chief Technology Officer Bragi Reynisson explains, Upgrading to Avid | Stream IO was a simple decision for us. We needed to replace legacy servers but also required the capabilities to ingest in higher resolution than HD, including 1080p50.

As an addition to our existing Avid MediaCentral production environment, Avid | Stream IO will give us the flexibility to ingest and play out both standard HD resolutions and higher quality resolutions as AVC Intra, including 1080p50. It integrates easily into our overall Avid production environment and supports our strategy to virtualize as much of our infrastructure as possible into our private cloud.

Avid Chief Revenue Officer Tom Cordiner adds, We are proud of our long-standing partnership with R V, and we're delighted they're continuing to innovate with us. Migrating to Avid | Stream IO will give them unparalleled speed, adaptable media format support and flexible deployment.

With a flexible architecture that can be configured to ingest or play out IP streams and SDI streams, Avid | Stream IO will allow R V's production teams to migrate from legacy workflows and on-premises deployment to cloud and IP workflows at their own pace. It will also allow them to increase efficiency by combining different ingest sources in a single configuration.

Ideal for live entertainment and multi-camera productions, Avid | Stream IO supports all common production formats , including SDI; compressed IP streams SRT / RTMP are coming soon, while NDI and then SMPTE 2110 will follow later next year . As a next-generation product, Avid | Stream IO offers all the capabilities of Avid's proven hardware-based server solutions-AirSpeed and FastServe -while expanding support for emerging IP standards and higher-precision formats, such as 4K and HDR.

Avid | Stream IO also supports Avid's proven fast-turnaround workflows, all while tightly integrating with RUV's existing subscription agreement to Avid's media workflow platform MediaCentral, minimizing disruption to production. MediaCentral is the industry's most comprehensive media workflow platform, enabling collaboration from any location to accelerate content turnaround. The Avid MediaCentral set of tools streamlines the entire production workflow, allowing dispersed teams to create better content faster, deliver to more outlets and devices, and maximize the value of users' media. For more information, visit

www.avid.com/products/avid-stream-io and www.avid.com/products/mediacentral.

Avid Powers Greater Creators

People who create media for a living become greater creators with Avid's award-winning technology solutions to make, manage and monetize today's most celebrated video and audio content-from iconic movies and binge-worthy TV series, to network news and sports, to recorded music and the live stage. What began more than 30 years ago with our invention of nonlinear digital video editing has led to individual artists, creative teams and organizations everywhere subscribing to our powerful tools and collaborating securely in the cloud. We continue to re-imagine the many ways editors, musicians, producers, journalists, and other content creators will bring their stories to life. Discover the possibilities at avid.com and join the conversation on social media with the multitude of brilliant creative people who choose Avid for a lifetime of success.

2023 Avid Technology, Inc. All rights reserved. Avid, the Avid logo, AirSpeed, Avid | Stream IO, FastServe, and MediaCentral are either trademarks or registered trademarks of Avid Technology, Inc., or its subsidiaries in the United States and/or other countries. Other trademarks are property of their respective owners. Product features, specifications, system requirements and availability are subject to change without notice.

PR Contacts

Neil Beston

Avid -- EMEA/ANZ

neil.beston@avid.com

+44 (0) 7770 644 136

Dave Smith

Avid -- Americas

david.smith@avid.com

978.502.9607

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3782922a-78f9-4a04-baad-7c30339ced7e

Topics: Product / Services Announcement Customer

About Avid Technology, Inc.People who create media for a living become greater creators with Avid's award-winning technology solutions to make, manage and monetize today's most celebrated video and audio content-from iconic movies and bingeworthy TV series, to network news and sports, to recorded music and the live stage. What began more than 30 years ago with our invention of nonlinear digital video editing has led to individual artists, creative teams and organizations everywhere subscribing to our powerful tools and collaborating securely in the cloud. We continue to re-imagine the many ways editors, musicians, producers, journalists and other content creators will bring their stories to life. Discover the possibilities at avid.com and join the conversation on social media with the multitude of brilliant creative people who choose Avid for a lifetime of success.

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