Avid Technology, the Small-Cap Stock Powering the Streaming Revolution
As many investors know, streaming and on-demand content have taken over the media industry. Companies like Netflix (NASDAQ: NFLX), Disney (NYSE: DIS), and HBO are spending billions on TV and movie content, while Spotify (NYSE: SPOT), Apple (NASDAQ: AAPL), and others are vying for customers in music streaming with high-quality audio services.
But who is powering all this content creation? Enter Avid Technology (NASDAQ: AVID). The company is the backbone of professional media creation, and could be a great way to invest in this content creation boom. Here's why.
Image source: Getty Images.
Source Fool.com
