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Post by yotonic on Oct 15, 2016 1:35:13 GMT -6
I saw Louis Hernandez CEO of AVID on Mad Money tonight. If you had any doubt about AVID's corporate mission it's all about the money and it was pretty clear ProTools is not where the money is at for AVID. It's all about broadcast, and this CEO captured the essence of a corporate carpet bagger. Here's some of their Wall Street street speak below. And honestly who buys this Cramer circus, it's the bro-country of financil talk shows such silly white noise. I'm surprised it's not a steady stream of Viagara, ETrade, and buy gold commercials. www.avid.com/static/resources/common/documents/whitepapers/Avid_Everywhere.pdf
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ericn
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Balance Engineer
Posts: 14,936
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Post by ericn on Oct 15, 2016 14:26:21 GMT -6
I saw Louis Hernandez CEO of AVID on Mad Money tonight. If you had any doubt about AVID's corporate mission it's all about the money and it was pretty clear ProTools is not where the money is at for AVID. It's all about broadcast, and this CEO captured the essence of a corporate carpet bagger. Here's some of their Wall Street street speak below. And honestly who buys this Cramer circus, it's the bro-country of financil talk shows such silly white noise. I'm surprised it's not a steady stream of Viagara, ETrade, and buy gold commercials. www.avid.com/static/resources/common/documents/whitepapers/Avid_Everywhere.pdfAnybody who's know AVID knows it's always been video and broadcast! They bought Digi because AVID was 1/3 of Digis buissnes! He's the CEO of a public traded company of course its all about the money !
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Post by swurveman on Oct 15, 2016 15:30:38 GMT -6
I'm not defending Avid, but "the money" for Yamaha isn't in Cubase and "the money" for Apple isn't in Logic either.
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Post by johneppstein on Oct 15, 2016 22:49:46 GMT -6
I'm not defending Avid, but "the money" for Yamaha isn't in Cubase and "the money" for Apple isn't in Logic either. Those companies are both much bigger than Avid and can afford a more equitable distribution of development money between their various divisions.
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