Article Humour Video Blog Audio Industry News Site News Tutorial Press Release Events
Avid’s Gamble With Compliance Is Blowing Up

March 26, 2013, 07:07 PM

http://news.doddleme.com/blogs/post-production/avi...

Considering the accounting trouble Avid has faced lately, incoming CEO Louis Hernandez Jr. had to have seen it coming. When the company announced that they would be indefinitely delaying the reporting of quarterly earnings, he had to have known that NASDAQ would take notice and start the process to delist them on the Stock exchange. So the next step in Avid’s long, slow death has been taken, and you can bet that investors are planning their exit strategies before it’s too late.

0 0 0 Article
Newest from AOTG.com
2012 ace aes aja assistant assistant editor avid blackmagic design bordwell chasing mavericks cloud atlas constructive craig mckay david mitchell editing editing chasing mavericks editor election encoding eric brodeur fcpx high frame rate john gilbert labor lady and the tramp lisa bromwell media memory card mpeg post magazine protools server sharon smith holley signiant silence of the lambs software sony sorenson squeeze stock the sessions thunderbolt transcoding union workflow
Site Links
Tools
Assoc./Unions
Sister Sites

© 2007-2024 www.aotg.com Ver. 3.0 All Content created and posted by Art of the Guillotine users Art of the Guillotine graphics, logos, designs, page headers, button icons, scripts, and other service names are the trademarks of Art of the Guillotine Inc. Use of this material outside of this site is strictly prohibited.