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19-605: In 1971, MIT Alumni John Jenkins '43 started the New York Venture Clinic. These events gathered MIT Alumni entrepreneurs monthly to present their business plans for feedback and advice to a large audience of alumni. In 1978, several other MIT Alumni in the Boston area were encouraged by Jenkins to create the first Chapter of the MIT Enterprise Forum, the MIT Enterprise Forum of Cambridge, which opened

38-741: A 501(c)3 serving early-stage entrepreneurs and the innovation community. As The eForum, they joined as a member of the Martin Trust Center for MIT Entrepreneurship whose mission is to advance knowledge and educate MIT students in innovation-driven entrepreneurship. This partnership allows The eForum to learn from their leadership in the field of entrepreneurship education and share it with the broader global community of innovation-driven entrepreneurs they serve. The MIT Enterprise Forum Central Coast rebranded in July 2021 as VENTECH to build connections with entrepreneurs in technology and beyond throughout

57-489: Is broken time code on a video tape, there will be two (or more) instances of a particular time code on the video tape. When re-capturing, it can be ambiguous as to which timecode is the right one. The letter B may indicate that the right time code is from the second set of timecode on the video tape. EDL formats such as CMX, GVG, Sony, Final Cut Pro, and Avid are similar but can differ in small (but important) ways. Particular attention should be paid to reel naming convention. On

76-703: The Avid Media Composer video editing system. On March 21, 1999, at the 71st Academy Awards, Avid Technology Inc. was awarded an Oscar for the concept, system design and engineering of the Avid Film Composer for motion picture editing which was accepted by founder Bill Warner. Edit decision list An edit decision list or EDL is used in the post-production process of film editing and video editing . The list contains an ordered list of reel and timecode data representing where each video clip can be obtained in order to conform

95-656: The Avid was Let's Kill All the Lawyers in 1992, directed by Ron Senkowski. The film was edited at a 30fps NTSC rate, then used Avid MediaMatch to generate a negative cutlist from the EDL . The first feature film edited natively at 24fps with what was to become the Avid Film Composer was Emerson Park . The first studio film to be edited at 24fps was Lost in Yonkers , directed by Martha Coolidge . By 1994 only three feature films used

114-459: The Avid, reel names can be up to 32 characters, but user should be aware that these EDLs don't adhere to online editing machine control specifications. These are used by systems that have modified the import/export code to handle file-based workflows as tape acquisition formats wane. On FCP, in CMX3600 format, only eight characters are allowed. Particular attention should be paid towards b-reels. If

133-882: The California Central Coast. The MIT Enterprise Forum of New York City closed down and Donated its cash reserves to the MIT Media Lab . A large amount of the history of the organization cited here comes from: Avid Technology Avid Technology, Inc. is a global technology company headquartered in Burlington, Massachusetts , and was founded in August 1987 by Bill Warner. It develops high-end software, SaaS, and hardware products and solutions used in media and entertainment. Avid products and workflow solutions are used extensively in Hollywood and

152-608: The EDL handles dissolves to the same reel, reel names should be limited to 7 characters since the 8th character may be replaced. EDLs can use either drop-frame (DF) or non drop-frame timecode (NDF), running at 24fps (non drop-frame only), 25fps (non drop-frame only), and 30fps (drop-frame and non drop-frame). Overall, EDLs are still commonly used as some systems do not support other more robust formats such as AAF and XML. Almost any professional editing system and many others support some form of XML/EDL saving/processing. Some that make

171-496: The MIT Enterprise Forum has helped stimulate the founding and growth of thousands of companies all over the world. In the spring of 2021, MIT Technology Review, the parent and MIT Enterprise Forum, Inc (“Global”) notified the Chapters that MIT Technology Review decided to no longer support the Chapters of the MIT Enterprise Forum. The MIT Enterprise Forum of Cambridge renamed itself The eForum in July 2021. The organization remains

190-566: The SEC's views. In February 2018, Avid appointed Jeff Rosica as CEO, after terminating Louis Hernandez Jr, who was accused of workplace misconduct. In November 2023, Avid Technology was acquired by an affiliate of STG for $ 1.4 billion. In 1993, the National Academy of Television Arts & Sciences awarded Avid Technology and all of the company's initial employees with a technical Emmy award for Outstanding Engineering Development for

209-557: The editing decisions in the EDL. They are also often used in the digital video editing world, so rather than referring to reels they can refer to sequences of images stored on disk. Some formats, such as CMX3600, can represent simple editing decisions only. Final Cut Pro XML , the Advanced Authoring Format (AAF), and AviSynth scripts are relatively advanced file formats that can contain sophisticated EDLs. Linear editing systems cannot dissolve between clips on

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228-487: The film industry; in the broadcast television and streaming media industry; and the music industry. It is known for its video editing software , audio editing software , music notation software and media management and distribution services. Avid was founded by Bill Warner, a former marketing manager from Apollo Computer . A prototype of their first non-linear editing system, the Avid/1 Media Composer,

247-419: The final cut. EDLs are created by offline editing systems, or can be paper documents constructed by hand such as shot logging . These days, linear video editing systems have been superseded by non-linear editing (NLE) systems which can output EDLs electronically to allow autoconform on an online editing system – the recreation of an edited programme from the original sources (usually video tapes ) and

266-809: The group membership up to non-MIT alumni. Their small initial informal gatherings in Cambridge quickly grew to large (250+ attendee), open-to-all events sometimes known as the “10-250s” for the room in which they were held on the MIT Campus. In 1982, Aaron Kleiner '69 and Ray Kurzweil, who were involved with the MIT Enterprise Forum Cambridge, introduced the Startup Clinics, which provided a less intimidating small-group feedback sessions to early-stage startups. Early presenters included Bill Warner '80 founder of Avid Technology . In

285-592: The late 90's MITEF Cambridge awarded Michael Dell the Edward B. Roberts Award for Distinguished Young Entrepreneurial Leadership In subsequent years, the success of the New York and Cambridge chapters spawned more chapters of the MIT Enterprise Forum globally. With the mission to help early-stage technology entrepreneurs succeed faster by informing, connecting, and coaching them through relevant, practical workshops, mentoring programs, competitions, and networking events,

304-621: The new digital editing system. By 1995 dozens had switched to Avid, and it signaled the beginning of the end of cutting celluloid. In 1996 Walter Murch accepted the Academy Award for editing The English Patient (which also won best picture), which he cut on the Avid. This was the first Editing Oscar awarded to a digitally edited film (although the final print was still created with traditional negative cutting ). In 1994 Avid introduced Open Media Framework (OMF) as an open standard file format for sharing media and related metadata. In

323-493: The past, Avid released Avid Free DV , a free edition of Media Composer with limited functionality; Xpress DV, a consumer edition of Media Composer; and Xpress Pro , a prosumer edition of Media Composer . These editions were discontinued in 2008 as the flagship Media Composer was lowered in price. On March 29, 1999, Avid Technology, Inc. adjusted the amount originally allocated to IPR&D and restated its third-quarter 1998 consolidated financial statements accordingly, considering

342-399: The same video tape . Hence, one of these clips will need to be dubbed onto a new video tape. EDLs designate these occurrences by marking such dissolves' source reels as B-roll of "b-reels". For example, the EDL will change the 8th character of the reel name to the letter B. However, sometimes editors will (confusingly) use the letter B to designate time code breaks on a video tape. If there

361-724: Was shown at the National Association of Broadcasters (NAB) convention in April 1988. The Avid/1 was based on an Apple Macintosh II computer, with special hardware and software of Avid's design installed. The Avid/1 was "the biggest shake-up in editing since Melies played with time and sequences in the early 1900s". By the early 1990s, Avid products began to replace such tools as the Moviola , Steenbeck , and KEM flatbed editors, allowing editors to handle their film creations with greater ease. The first feature film edited using

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