“They had also forced the company to turn to the grey market for components when traditional suppliers could not deliver on time” the newspapers claimed. Grant Petty- BMD founder is announcing new products Supply issuesĪccording to AV Magazine and The Australian, the document which was filed in the last few days, and indicates on global shortages of components, says that this situation had prevented Blackmagic Design from filling “a large number” of back orders during periods of its 20 financial years. The company is at the main sight of Australian economists, which have reported on a financial document related to the global shortage of components. Yes, affordability is the name of the game, but not before quality. With 1,500 employees and $576M in revenue, Blackmagic’s goal is to conquer the filmmaking and TV industry with its products, by making them affordable. This special company has implemented a clever working culture led by CEO and founder Grant Petty. Picture: Kris Paulsen for Forbes Blackmagic Design – One of Australia’s best high-tech companiesīlackmagic Design is defined as one of Australia’s most cutting-edge and successful smart manufacturing companies. Is a new camera on the horizon? Grant Petty. While elaborating on a new report related to global shortages of components, Blackmagic Design CEO – Grant Petty stated that the company is being aggressively increasing its investments in new products, working on multiple new technologies.
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