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Avid posts bigger losses than expected in the second quarter
Avid has suffered a bigger-than-expected 32% loss in its revenue in the second quarter, mostly due to the 36% decline in its product revenue. Although Avid is an immensely popular NLE video editing solution, the increasing popularity and accessibility of Final Cut Pro may have something to do with Avid’s loss of market share. Final [...]
Editing music videos: a reader’s question