Avid stock jumps 27%


After reporting a profitable first quarter on Wednesday, Avid Technology saw its stock gain nearly 27% Thursday. The maker of digital video and audio edit systems posted quarter earnings of $1.79…



While the Cannes Film Festival is doing everything it can to put on its best face for its 50th birthday bash, which begins May 7, the governments of China and Iran are doing what they can to spoil…


Mouse traps new vid prexy


:The Walt Disney Co. has merged its domestic and international homevideo arms under one roof and tapped Michael O. Johnson as prexy of the new division, Buena Vista Home Video Worldwide. As part of…

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