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Marvel’s X-Men ’97 was filled with unexpected twists and turns, yet it has been one glorious ride for all Marvel fans. After years of having a love-hate relationship with Fox’s X-Men movies, fans were hopeful that Marvel Studios would bring them a more comic-book-faithful version of the mutants after Disney acquired Fox.

X-Men ’97 (Credits: Marvel Animation)

Not only is X-Men ’97 faithful to the source but its nostalgic theme and ties with the original X-Men: The Animated Series make it one hell of a show to watch. With the season one finale approaching fast, creator and showrunner Beau DeMayo took to his X account to share a bit of assignment for fans of the show.

In his recent tweet, DeMayo revealed that every fan of the mutant tale should prep and watch these 6 episodes of X-Men: The Animated Series before watching the 3-part season finale, Tolerance is Extinction.

Avid Technology, best known in Hollywood as the maker of the Media Composer nonlinear editing system and ProTools audio post system, on Monday announced a wider net loss for its second quarter. Avid lost $39 million in the period that ended June 30, compared with a net loss of $11.1 million in the 2011 quarter. The company also reported revenue of $157.4 million, down 2.7 percent. Some of the loss was attributed to the July 2 divestiture of Avid’s consumer audio and video business and related restructuring, which Avid chairman and CEO Gary Greenfield said would allow the

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The editors of "The Hurt Locker," "The Hangover" and "Up" won feature film competitions Sunday at the 60th annual American Cinema Editors Eddie Awards at the Beverly Hilton.

"The Hurt Locker" editors, husband-and-wife team Bob Murawski and Chris Innis, earned the trophy for a dramatic film, topping a category that included "Avatar," "District 9," "Star Trek" and "Up in the Air."

"It's a great way to spend Valentine's Day, to win an award with my wife," Murawski said onstage, adding with a smile, "she did most of the work."

"The Hangover" editor Debra Neil-Fisher, Ace, topped the category for comedy or musical, which included nominees "500 Days of Summer," "Julie & Julia," "A Serious Man" and "It's Complicated."

  Editor Kevin Nolting earned the award for best edited animated feature for "Up," leading a group that included "Coraline" and "Fantastic Mr. Fox." Additionally, "The Cove" editor Geoffrey Richman won best edited documentary, a...

"We are getting the message out that this is a new Avid," CEO Gary Greenfield told Wall Street analysts Thursday. "We feel we are making good progress."

The next day the stock fell 15%, making it the worst performer on The Hollywood Reporter Showbiz 50 stock index.

The problem was, despite Greenfield's rosy proclamation, the company reported a first-quarter loss of $21.1 million, compared with a profit of $20,000 in the same quarter last year, well before Greenfield's appointment to CEO and chairman six months ago.

Revenue also fell, from $218.9 million last year to $198.3 million this time around, which was far short of Wall Street's prediction of $216 million.

"Strike two", said Canaccord Adams analyst Steven Frankel. "Avid's first-quarter results were ugly."

Even more critical was Barbara Coffey, who penned a report called, "When Directionless, Time is Not a Friend." The Kaufman Bros. analyst has a "sell" rating and $15 target price on the stock, suggesting shares have got another 29% to fall during the year.

Avid Technology's video division has reduced the price of its flagship editing software and consolidated its product line as part of a new strategy.

The move follows a number of big changes at Avid in recent months. In November, the company pulled out of the upcoming National Association of Broadcasters Show exhibition, with plans to redirect spending to more "customer-focused" efforts. In December, Gary Greenfield was named CEO. The next month, Kirk Arnold was hired to head the video division, which includes the editing systems used by most Hollywood editors.

Chief marketing officer Greg Estes said the latest initiatives are based on customer feedback from a survey conducted in the fall.

"(They told Avid), 'We need you to listen better. ... We can't see you responding as well as we would like you to, to the input we are giving you, ' " he said.

"Underneath that umbrella, 'We want you to simplify your editing line, and we want you to get more aggressive on your pricing.

Kirk Arnold has been named executive vp and GM of Avid Technology's professional video business unit. She will report to Avid CEO Gary Greenfield, who was named to his post in December.

Arnold joins Avid with more than 25 years of management experience, having most recently served as vice chairman and CEO of Keane, a business transformation and outsourcing services provider. Earlier, she was executive vp product development and management at Fidelity Investments. She also has held positions at NerveWire, Computer Sciences Corp. and IBM.

"As a former CEO of a $900 million consulting company and president of a similarly sized division of CSC, Kirk's experience in running complex businesses and her customer-centric approach will serve her well," Greenfield said.

The hiring comes at a time when many Avid post customers feel that the company is out of synch with the industry. Customers said they were hopeful -- but also expressed reservations -- that Arnold Will bring about positive change.

The next chapter in Avid Technology's story has started, with Gary Greenfield being named chairman of the board and CEO.

"I'll be very surprised if in six months you don't see a very changed Avid," Greenfield said. He said one of the first things he will do is examine current product lines.

"There are two very strong foundations for growth, the audio-Digidesign business as well as the video business," he said. "The video business is not just nonlinear editing but the entire production world, and to be able to combine those to give our customers a richer media experience is a real opportunity."

Greenfield also emphasized a strong desire to be responsive to customers, saying: "It's our responsibility".

Since 2003, Greenfield has been CEO of GXS, a provider of business-to-business integration, synchronization and collaboration systems. Since December 2003, he has also been an operating partner with technology-focused private equity firm Francisco Partners.

Earlier, he served as CEO of Peregrine Systems; president and CEO of Merant; and CEO of Intersolv when the company merged with Micro Focus to form Merant.