23.01.2005 09:01:00
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Macrovision Showcases Latest Music Protection and Anti-Piracy Solution
Business Editors/High-Tech Writers
MIDEM 2005
Stand R34.23, Rivera Extension, Palais des Festivals
CANNES, France--(BUSINESS WIRE)--Jan. 23, 2005--
Macrovision Corporation (Nasdaq:MVSN), the global market leader in content protection and digital rights management (DRM) technologies, announced today that it will demonstrate its latest complete music content protection solutions, designed to reduce unauthorized CD ripping and illegal peer-to-peer (P2P) file sharing at Midem 2005 (Stand R34.23, Rivera Extension, Palais des Festivals).
Macrovision's music content protection solution, currently on over 400 million music CDs worldwide, protects over 4 billion music tracks. Over 22 major and independent music labels worldwide and 20 resellers have utilized the Macrovision technology on over 4,000 albums since 2002.
"Macrovision is pleased to demonstrate its world-class solutions aimed at reducing the substantial threat to world music sales, posed by P2P downloading and other forms of digital piracy," said Martin Brooker, director of sales, Macrovision. "By enabling labels and artists to safeguard the supply and distribution of their music content, Macrovision provides effective and commercially viable solutions to increase the demand for legitimate sources of music content and offset the revenue loss associated with unauthorized consumer CD ripping and unauthorized P2P file sharing, downloading and CD-R burning."
Uncontrolled CD ripping is known to exponentially increase the supply of unauthorized files on the P2P networks, contributing to a substantial loss in revenue to the music industry. Macrovision features highly effective CD rip protection while giving consumers one click capability for music portability (DRM copies) and backup flexibility (Controlled Burn CD copies). Additionally, this technology is certified by Microsoft as a "Designed for Microsoft(R) Windows(R) XP" solution and is compatible with Microsoft Windows Media(R) DRM solutions. This transparent and unique solution provides flexible consumer usage rights, while protecting the distribution rights of music content owners.
Macrovision will also preview its Hawkeye(TM) P2P anti-piracy service that dramatically reduces the number of unauthorized music downloads on the P2P networks, responsible for the bulk of today's revenue losses. Macrovision's Hawkeye anti-piracy service protects music content by employing a host of proprietary techniques to achieve the highest effectiveness ratings. By reducing unauthorized downloads, the demand for legitimate online and offline music sales increases substantially.
About Macrovision
Macrovision develops and markets content protection, digital rights management and electronic license management solutions for the video, music and software industries. Macrovision's technologies are embedded in over 9 billion DVD, VHS and CD units representing over $130 billion of protected entertainment content. In the software market, Macrovision licenses software developers the FLEXnet(TM) universal licensing platform and the InstallShield(R) suite of software installation, repackaging and update solutions, which are deployed on more than 500 million desktops worldwide. Over 50,000 software publishers and hundreds of Fortune 1000 companies use Macrovision's technologies to maximize the value of their software. Macrovision is headquartered in Santa Clara, California and has offices worldwide. More information about Macrovision can be found at www.macrovision.com.
(C) Macrovision 2005. Macrovision, Hawkeye, FLEXnet and InstallShield are registered trademarks or trademarks of Macrovision Corporation. All other brands and product names and trademarks are the registered property of their respective companies.
This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Macrovision's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Macrovision's Annual Report on Form 10-K for the year ended December 31, 2003 and its latest Quarterly Report on Form 10-Q for the period ended September 30, 2004, which are on file with the Securities and Exchange Commission (available at www.sec.gov). Macrovision assumes no obligation to update any forward-looking statements.
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CONTACT: Macrovision Corporation Miao Chuang, 408-562-8451 mchuang@macrovision.com or Macrovision Europe Simon Mehlman, +44 (0)7812 146 530 simonm@macrovision.com or Barrington Harvey (PR for Macrovision Europe) Simon Byron, +44 (0)7801 932 746 Simon.byron@bhpr.co.uk
KEYWORD: CALIFORNIA FRANCE INTERNATIONAL EUROPE TRACK INDUSTRY KEYWORD: MUSIC MOTION PICTURES HARDWARE SOFTWARE COMPUTERS/ELECTRONICS TRADESHOW PRODUCT SOURCE: Macrovision Corporation
Copyright Business Wire 2005
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