The man charged with stealing Frances McDormand's Oscar statuette at an Academy Awards after-party appeared in court Wednesday but the quick resolution to the case that was expected did not emerge.
Terry Bryant wore a gray pinstriped suit instead of the blue jail jumpsuit of his previous court appearance and smiled politely throughout the very brief hearing in Los Angeles Superior Court.
Bryant had been found eligible for so-called early disposition — a relaxing of legal formalities intended to bring a quick resolution to some cases.
But he remains charged with felony grand theft and faces up to three years in prison.
Bryant's attorney Daniel Brookman says Bryant's not-guilty plea stands. He insists this is "not a prison case" and expects a deal by the next hearing on May 1.
Avid completes acquisition of Wolftech
Avid®, known for software solutions for professional media production, has completed the acquisition of Wolftech Broadcast Solutions, a leader in cloud-based multiplatform news planning, production and publishing solutions.
The acquisition enables Avid to combine its digital-first, end-to-end media solution with Wolftech’s expertise in story-centric workflow management. News organizations will be able to increase efficiency and accelerate story delivery through enhanced remote collaboration and multiplatform amplification.
Avid CEO Wellford Dillard stated, “Wolftech is unquestionably on the leading edge of where the industry is going, and this acquisition demonstrates Avid’s commitment to transform news, sports, and live production workflows. We are delighted to welcome Wolftech into the Avid family.”
Wolftech CEO Arne Berven added, “We were focused on finding a partner that could accelerate the adoption of our platform globally. We explored a number of possibilities, but when we talked to Avid, we knew it was the right match.”
The closing of the acquisition follows Avid’s announcement on October 7 that the company had entered into a definitive agreement to acquire Wolftech.
With this acquisition, Avid deepens the integration between the two toolsets while continuing to embrace an open approach in partnering with a wide range of media production tools and newsroom systems. Existing Wolftech customers will benefit from Avid’s global scale for customer support and professional services.
Ian Axton, head of production operations for ITV News, said, “As a customer of both Avid and Wolftech we’re excited about the benefits this acquisition will bring to our users and our business. Wolftech has transformed... Read More