Deep in Debt, Big Retailer Guitar Center May Be Acquired

While the biggest US name in pro audio made headlines last week with uncertain financial news, so, too, did the biggest US name in music retail. Yes, we were so caught up watching Avid, makers of Pro Tools, Sibelius, and Media Composer, as they were dropped from NASDAQ and delayed earnings reports once again, we […]

Avid Delays Financial Reporting, But Promises Brighter Future, Including Pro Tools and Sibelius

Avid, makers of Pro Tools, Media Composer, Sibelius, and other products was on Tuesday suspended from being traded on the NASDAQ stock exchange because of a failure to issue timely financial statements. And the company by the admission of its own chief executive faces a changing industry. However, our earlier report included inaccurate information from […]

- February 27, 2014

Avid, Maker of Pro Tools, Now Delisted from NASDAQ

We have an updated, more complete and accurate story on the issue, including commentary from Avid. Read the full feature In it, we look at the NASDAQ delisting, some ongoing concerns (SEC, DOJ, and a shareholder suit remain issues), but also Avid’s strategy and the response from the company on how they intend to move […]

- February 25, 2014

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