Category Archives: Business

4671 articles found

The Foundry Names Alex Mahon Chief Executive

The Foundry named Alex Mahon, former CEO of British production-company conglomerate Shine Group, its new Chief Executive. Mahon replaces Bill Collis in the post, but Collis will remain on board full time as president and a member of the board of … more »

Avid Stock Tumbles Following Cuts in 2015 Forecasts

It's a tough day for Avid, following yesterday afternoon's earnings report that saw a 4 percent year-over-year decline in the company's revenue. The company also cut forecasts for the full year, projecting 2015 bookings will be between $490 million and … more »


DJI Buys Minority Stake in Hasselblad

Shenzhen, China-based aerial cinematography specialist DJI has acquired a stake in Swedish medium-format camera and lens manufacturer Hasselblad, the companies said in a joint announcement today of a new "corporate partnership" between the two entities. Terms of the deal were not … more »

Reel FX Co-Founder Dale Carman Responds to Lawsuit

Reel FX co-founder Dale Carman has responded to the company's lawsuit filed against him and three former staffers, calling its allegations untrue. The lawsuit accuses Carman and his co-defendants of improperly diverting business opportunities to his own company, Carman Industries, adding up to $2.6 … more »


Autodesk Flame Goes Software-Only with Subscription Options

It's the beginning of a new era for Autodesk Flame. Effective today, Autodesk is offering desktop subscription plans for current versions of Flame, Lustre, Flare and Flame Assist software. It marks the first time Flame is available as a software-only product.The … more »


David Bates Returns to Reel FX as GM After Ouster of Key Staff Members

Former Reel FX Head of Production David Bates is returning to the company as general manager as the company's lawsuit proceeds against four recently terminated key employees it claims stole business from Reel FX. Bates was at Reel FX from 2002 to 2010 … more »


CameraLends Rental Marketplace Now Offers Studio Space

CameraLends, the listings website that has described itself as "AirBnB for camera gear," is getting into the studio business.  CameraLends has enabled person-to-person rentals of photo and video equipment since its launch in January 2013. Now, in addition to cameras, drones, lighting, audio, and … more »


Principals from The Uprising Creative Launch VEHICLEvr

L.A. based production company The Uprising Creative is pushing into virtual reality with the launch of VEHICLEvr, a new studio focusing on producing original and branded VR content and providing VR production services.  "We are creating a home for our … more »


Nice Shoes Adds Boston’s Editbar to Remote Services Sites

Nice Shoes added Boston creative editorial facility Editbar, which recently moved into a new downtown studio, to its growing list of Remote Services locations. Clients of the creative editing team at Editbar will be able to initiate real-time collaborative color-grading sessions with Nice … more »


Dell to Buy EMC in $67 Billion Deal

In a deal worth more than $60 billion — apparently the largest pure IT acquisition in history — Dell has signed a deal to buy EMC. The move is meant to give the companies a better position in burgeoning markets including software-defined … more »