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Omnilab Media Group acquires Oktobor 
Integrated content development and media service business, the Omnilab Media Group has acquired New Zealand visual effects (VFX) company Oktobor. report

Blackmagic claims a first with new capture card 
Blackmagic Design has announced the availability of the DeckLink HD Studio, which the company claims is the world's first capture and playback card to support both HDMI and analogue component video. With DeckLink HD Studio, customers can capture high quality, uncompressed video direct from the HDMI connection on cameras, decks, and video cameras. report

Avid shake-up leads to withdrawal from NAB2008 
Digital content creation and distribution software provider Avid will not be occupying its usual place at NAB in Las Vegas next April after the company revealed that it will not have an exhibition booth at the show. report

Contest offers students a media career leg-up 
Avid, in collaboration with Sony and HP, has announced the launch of the Avid Asia-Pacific Student Grant contest, an initiative designed to assist local schools, colleges and universities in preparing students for successful careers in the media industry. report

Fast Flicks at the Fringe 
SPAA Fringe, the conference for the next generation of producers, directors and writers for television and film, is to partner with Avid Australia on a brand new scheme, which will allow five teams the opportunity to produce, edit and live stream a short film at SPAA Fringe in October in Sydney. report

Apple co-founder wins IBC International Honour for Excellence Award 
Steve Wozniak, who co-founded Apple with Steve Jobs, and in turn helped to change the face of the media industry forever, has been named as the recipient of this year’s IBC International Award for Excellence. report

Mobile video market “complicated” 
The mobile video services market has great potential but is very complicated and will take quite a few more years to completely sort itself out, reports high tech market research firm In-Stat. report

Avid CEO Krall to depart 
David Krall, who has served as president, CEO and board member of Avid for the last seven years, is to step down from his positions at the end of July. report

Mobile video driving mobile content revenue 
Driven by rising demand for video, the market for premium mobile content is expected to exceed AU$51 billion in 2011, more than double the AU$23 billion in 2007, predicts analyst firm iSuppli. report

Kodak and Cintel join forces in scanning 
Continuing in its efforts to support the advancement of high quality scanning within the motion picture industry, Kodak has collaborated with Cintel to provide Cintel’s diTTo customers with key Kodak scanning technology. Through this new initiative, Kodak will be providing factory calibration support for all new diTTo motion picture scanning systems. report


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