Avid, also known as Avid Technology, is a privately owned company headquartered in the US. Founded in 1987, the company employs approximately 1,670 individuals and reported $410.0M in revenue as of 2024. As a tier 1 media tech buyer specializing in production and post-production, the company focuses on audio and video solutions. These solutions include digital non-linear editing (NLE) systems, video and audio editing software, music notation solutions, and management and distribution services.

2024 Revenue

Founded

1987

Headcount

1,663

Headquarters

US

Primary Segment

Production and post production

Ownership

Privately Owned

Deployments

317

News Summary:

Avid discussed the integration of artificial intelligence (AI) into media workflows and production systems as part of its "Industry Insights" roundtable series on March 17, emphasizing how AI is being woven into existing newsroom systems, production environments, and media supply chains. This follows the company's "Creator Days Sale," which began on March 16, offering a 20% discount on new annual subscriptions for its Pro Tools, Media Composer, and Sibelius software through April 13, 2026. Earlier, on March 12, Avid's initial "Industry Insights" installment examined AI's practical value across production, post, editorial, and distribution workflows in broadcast and media operations.

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Avid offers 19 products in the media and telecoms services and media tech industries. Avid's product portfolio comprises of content rights, audio, media cloud and storage, content supply chain, graphics, production and post production and live production.
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Avid's revenues were less than $500M in 2024. Caretta Research has split Avid's revenue into 13 different product categories, the largest of which is live video ingest and playout servers. For full access to Avid's revenue breakdown subscribe to Caretta Portal.
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Avid's customers primarily consist of enterprise cloud companies. Examples of Avid's customers include NBCUniversal, Amazon Web Services (AWS) and China Media Group. Avid has commercial and technical partners like Remote Picture Labs (RPL), Chyron and Amazon Web Services (AWS). Examples of Avid's suppliers include MainConcept, Zero Density and Matrox Video.

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