Former U.S. Sen. Chris Dodd is stepping down as chairman and CEO of the Motion Picture Association of America.
The MPAA said Friday that their board will gather Saturday to name Charles Rivkin as successor to Dodd, who is resigning Sept. 4.
Rivkin was previously the U.S. assistant secretary of state for economic and business affairs and a U.S. ambassador to France and Monaco.
Dodd led the MPAA for six years, and one of his main concerns was preventing digital piracy and protecting copyrights. He also helped expand the presence of U.S. films in the Chinese market and revise the revenue-sharing model to benefit Hollywood studios.
Disney Chairman Alan Horn said in a statement that Dodd transformed the MPAA into a global association for the digital era.
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