Relativity Media files for bankruptcy; Sinclair Broadcasting implements Avid MediaCentral platform

More online video news from across the Web:

> FuboTV, which live-streams soccer matches to subscriber fans, scored $4 million in Series A funding. Multichannel News article

> Netflix implemented "unlimited" maternity and paternity leave for its employees. Netflix corporate blog post

> Relativity Media, billed as a "next-generation" film and TV company by founder Ryan Kavanaugh, filed for bankruptcy on July 30, with its assets put up for sale. Variety article

> ATEME partnered with Twentieth Century Fox to enhance its TITAN Software Transcoder platform in order to deliver the studio's first UHD with High Dynamic Range movies to home viewers. Release

> Thomson Video Networks upgraded its ViBE CP6000 codec to support DSNG, satellite, Internet and UHD deployments. Release

> Make.TV is offering the ACQUIRE plugin for Avid's MediaCentral platform, which adds the capability for live streams from mobile devices to a cloud-based video production/distribution environment. Release

> In related news, Sinclair Broadcast Group is implementing the Avid MediaCentral Platform, which provides end-to-end workflows, aiming to unify its 62 news stations. TVTechnology article

> By 2016, the majority of online video, 52 percent, will be watched on mobile devices, ZenithOptimedia has found. ClickzUK article

> UK retirees over age 65 are just as likely as millennials to share videos online. Why? post

> A look inside Jukin Media, the company popularizing -- and monetizing -- viral videos online. Wired article

And finally… Will Community see a seventh season via online video provider Yahoo Screen? No one knows, yet -- but the principal actors' contracts are up, and star Joel McHale believes Yahoo doesn't have enough money to pay for the show. USA Today article

Suggested Articles

Sling this week announced a feature that integrates free, local over-the-air broadcast channels into the Sling TV guide on some 2020 LG smart TVs.

Early reactions to Instagram's Reels, Facebook's answer to TikTok: no creativity seen, quite possibly no creativity needed.

Quibi subs complain about the quality of the shows, the ease of use of the platform and issues with buffering and speed, according to Kantar.