Macrovision Corporation (Nasdaq: MVSN) announced today that Mark Bishof had joined the Company as Executive Vice President, Global Sales and Services, and that Greg Jorgensen had joined as Executive Vice President and Chief Marketing Officer. Each appointment is effective immediately.
November 2, 2005—Macrovision Corporation (Nasdaq: MVSN) announced today third quarter 2005 net revenues of $46.6 million, a decrease of 5% compared to $48.9 million in the third quarter of 2004. Pro forma earnings (before amortization of intangibles from acquisitions, in-process research and development charges, impairment on investments, and adjustments for changes to the tax rate, as applicable) were $7.0 million, compared to $11.2 million in the third quarter of 2004. Pro forma diluted earnings per share for the quarter were $0.14, compared to $0.22 in the same quarter of 2004. The Company generated $4.0 million of cash from operations and its ending cash and cash equivalents, short-term investments and long term marketable securities were $246.3 million.
Report signals industry’s commitment to address the dynamic digital entertainment landscape
‘Digital Play’, a new research report released today, shows casual piracy is of increasing concern for the entertainment industry, with consistency of approach to content protection becoming a strategic priority. Mass market penetration of digital recording devices and broadband/file-sharing networks are prompting many entertainment brands to enrich their content protection strategies and influence bottom line performance.
Macrovision Corporation (Nasdaq: MVSN) announced today that the Company will distribute its Third Quarter 2005 Earnings Release on November 2, 2005 at 4:30 p.m. ET. This will be followed by an open investor/analyst conference beginning at 5:00 p.m. ET.
Macrovision Corporation (Nasdaq: MVSN) announced today the appointment of Buff Jones as executive vice president and general manager of its software technologies group, effective immediately. Jones will be responsible for managing and building the software technologies group, including product management, R&D, marketing, sales and services.
Macrovision Corporation (Nasdaq: MVSN) announced today that James Budge joined the Company as Executive Vice President and Chief Financial Officer, effective immediately. Budge will oversee all aspects of financial management, control, reporting, planning, tax and investor relations for Macrovision. Budge will also have responsibility for IT and Facilities operations across the Company.
Macrovision Corporation (Nasdaq: MVSN) announced today second quarter 2005 net revenues of $44.4 million, an increase of 25% compared to $35.7 million in the second quarter of 2004. Pro forma earnings (before amortization of intangibles from acquisitions and adjustments for changes to our tax rate, as applicable) were $8.0 million, compared to $9.5 million in the second quarter of 2004. Pro forma diluted earnings per share for the quarter were $0.16, compared to $0.19 in the same quarter of 2004. The Company generated $16.8 million of cash from operations and its ending cash and cash equivalents, short-term investments and long term marketable securities were $268.3 million.
William A. Krepick appointed Vice-Chairman of the Board
Macrovision Corporation (Nasdaq: MVSN) today announced the appointment of Alfred J. (Fred) Amoroso as its President and Chief Executive Officer, succeeding William A. Krepick who has held the position since October 2001. Mr. Krepick has been appointed to the newly created position of Vice-Chairman of the Board of Directors. Mr. Amoroso, who has also been elected to the Board of Directors, will take over as President and CEO effective immediately.
Macrovision Corporation (Nasdaq: MVSN) announced today that Digiturk, the largest Direct To Home (DTH) TV broadcaster, has signed an agreement with Macrovision for content protection across its range of premium channels.
World’s First Spyware Safe Certification of Content-Protection Products Affirms Macrovision’s Commitment to Protecting Consumer Privacy
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today announced that its CDS-300, RipGuard DVD, SafeDisc Advanced, and ACP entertainment and software media solutions have achieved the 100% Spyware Safe certification by PC Tools™, creator of the award-winning Spyware Doctor™ spyware-removal software. The certification demonstrates Macrovision’s ongoing commitment to protecting consumer rights and privacy.
Macrovision Corporation (Nasdaq: MVSN) announced today that it has filed suit against Sima Products Corporation ("Sima") and Interburn Enterprises Inc. ("Interburn"). The lawsuit charges that Sima’s "Video Enhancers," which are principally used to allow consumers to make unauthorized copies of copyrighted DVDs, infringe Macrovision’s patented copy protection technology and also violate the Digital Millennium Copyright Act ("DMCA"). These products include, but are not limited to, products currently marketed under the names CT-1, CT-100, CT-2, CT-200, and SCC-2. The lawsuit further charges that Interburn products infringe Macrovision’s intellectual property and the DMCA.
Game Value Management Solution Achieves Bottom-Line Results by Protecting Game Titles and Automatically Delivering Enhancements Throughout the Game’s Lifecycle
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today launched the ActiveReach™ Game Value Management Solution, an end-to-end solution that allows game publishers to protect games against piracy and automatically deliver enhancements at all stages of a game’s lifecycle. Now game publishers can better manage the distribution, protection, updates and promotion of games, whether online or in the physical world, during pre-release, commercial release and post release.
Study Shows 73% of pirated game players purchased within one month when free versions were not readily available
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today announced that the company will sponsor a third installment of the popular "Hacker University" (HackU) at the E3 Expo May 18-20, 2005, Los Angeles Convention Center. A Macrovision white paper entitled the "The ROI of Content Protection for Games" will be available for those who attend. In addition, Macrovision will be giving away one PlayStation Portable at each session.
Macrovision Corporation (Nasdaq: MVSN) announced today that T-Online, one of the largest ISPs in Europe, has activated Macrovision’s content protection for delivery of its ‘Vision on TV’ Video-on-Demand (VOD) Service. The agreement will see Macrovision’s content protection technology activated in T-Online’s VOD delivery in Germany, where T-Online currently has 6 million Internet subscribers.
Company Achieves Record First Quarter Revenues and Earnings
Macrovision Corporation (Nasdaq: MVSN) announced today first quarter 2005 net revenues of $51.3 million, an increase of 35% compared to $38.0 million in the first quarter of 2004. Pro forma earnings (before amortization of intangibles from acquisitions, non-cash deferred compensation expense, impairment gains and losses on investments, and adjustments for changes to our tax rate, as applicable) were $11.5 million. Pro forma diluted earnings per share for the quarter were $0.22. The Company generated $15.1 million of cash from operations and its ending cash and cash equivalents, short-term investments and long term marketable securities were $265.2 million.
Thriving Consortium Completes Hundreds of Systems Management Server (SMS) Projects by Providing a Full Range of Innovative Solutions for Reducing Costs and Simplifying Systems Management
Within just 12 months of its official launch at the 2004 Microsoft Management Summit, the SMS-Alliance has gained strong traction among hundreds of the world’s largest enterprises and SMS users. The SMS-Alliance is a global cross-industry consortium established to help users of Microsoft’s Systems Management Server (SMS) to maximize the benefits of SMS by delivering integrated best of breed solutions that provide control and visibility into today’s most critical systems management areas.
Macrovision Corporation (Nasdaq: MVSN) announced today that the Company will distribute its First Quarter 2005 Earnings Release on May 2, 2005 at 4:30 p.m. ET. This will be followed by an open investor/analyst conference call from 5:00 p.m. – 6:00 p.m. ET.
Company believes its international patents cover ‘essential’ DRM intellectual property
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content protection and digital rights management (DRM) technologies, today announced that one of its European DRM patent applications is proceeding to issuance, with the Swedish patent (No. 9500355, filed on February 1, 1995 and granted November 4, 1996) already issued. Macrovision believes that its European patent applications, together with a corresponding patent application pending in Japan, are uncontested and essential DRM patents in these international territories.
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today announced that TransACT Communications Pty Ltd., a broadband communications operator in Canberra, Australia has activated Macrovision’s content protection for Video on Demand (VOD) movies.
Macrovision Corporation (Nasdaq: MVSN) announced today that Loren Hillberg joined the Company as Executive Vice President, General Counsel reporting to CEO, Bill Krepick. In this capacity, Hillberg will be the Company’s first inside General Counsel and will be responsible for all corporate legal matters including contracts, intellectual property, SEC matters, trademarks, litigation, M&A legal support, federal and state regulatory compliance and advocacy, as well as HR and facilities.
Surveys of 6,000 Xbox and PlayStation 2 Gamers Show 21% Play Pirated Games, but 3 out of 4 Would Have Paid for Them
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today announced the results of a gaming piracy study that shows significant losses experienced by the gaming industry due to software piracy.
Recent survey shows 30% more individuals copying video games in 2004 than 2003
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today announced that the company will co-host a second installment of the popular "Hacker University" program, launched at E3 last year. Rob Ellison, director of product management at Macrovision, and Steven Davis, CEO at SecurePlay, will speak at "HackU: Beat the Hackers at Their Own Game" in San Francisco at this year’s Game Developers Conference on March 10, 2005. A Macrovision PC game pirating white paper will be available for those who attend.
The VeriBIT™ family of patents covers unique digital signature generation, disc authentication, payload protection, and selective enablement and web-linking of content on all current and next-generation optical media formats
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today launched a comprehensive licensing program for its VeriBIT™ worldwide patent family covering solutions embedded onto current and next-generation optical discs used to deliver software and multimedia content to PCs, media centers, game consoles, and network-connected digital appliances. The VeriBIT family is comprised of over 30 worldwide patent assets, many obtained from and developed since Macrovision’s acquisitions of C’Dilla, Ltd., TTR Technologies, Ltd., and MidBar Tech (1998) Ltd.
Macrovision Corporation (Nasdaq: MVSN) announced today that fourth quarter 2004 net revenues were a record $59.6 million, compared with $39.9 million in the fourth quarter of 2003, an increase of 49%. Pro forma earnings (before amortization of intangibles from acquisitions, non-cash deferred compensation expense, impairment gains and losses on investments, adjustments for changes to our tax rate, and in-process research and development write-offs) were $16.1 million, or 48% higher than last year’s fourth quarter. Pro forma diluted earnings per share for the quarter were $0.31, or 41% higher than the comparable pro forma earnings per share in the fourth quarter a year ago.
Macrovision Corporation (Nasdaq: MVSN) announced today that the Company will distribute its Fourth Quarter 2004 Earnings Release on February 28, 2005 at 4:30 p.m. ET. This will be followed by an open investor/analyst conference call from 5:00 p.m. – 6:00 p.m. ET.
The VeriTOC™ family of patents covers "shift key-immune" protection, authentication, fingerprinting and selective enablement of music CDs
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today launched a comprehensive licensing program for its VeriTOC™ worldwide patent family for music CDs. The VeriTOC family is comprised of 23 worldwide patents, many obtained from and developed after Macrovision’s acquisitions of MidBar Tech (1998) Ltd. and TTR Technologies, Ltd.
RipGuard DVD is THX Verified to provide consumers with a seamless and transparent audio and video experience
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today announced that RipGuard DVD™, its digital rip-control solution for DVD Video, has been awarded THX™ Verified product status by the industry-respected labs at THX Ltd., ensuring the audio and video quality of the original content.
Combination of Macrovision Analog Copy Protection and RipGuard DVD creates world’s first analog and digital DVD content protection solution
Macrovision® Corporation (Nasdaq: MVSN), the world’s leading supplier of content and software value management solutions, today announced the worldwide availability of RipGuard DVD™ a digital rip-control solution for DVD Video. RipGuard DVD plugs the "digital hole" created by PC-based DeCSS ripper software, which allows millions of average consumers to make unauthorized perfect digital copies of copyrighted DVDs in mere minutes. These copies can be burned to inexpensive recordable DVDs or uploaded onto the peer-to-peer (P2P) networks. P2P downloads and the "rent, rip, return" of DVDs are an ongoing source of billions of dollars in annual revenue losses for the movie studios.
Companies to Extend Secure Flexibility for On-Demand Entertainment
Macrovision Corporation (Nasdaq: MVSN) today announced it is working with Microsoft Corp. to provide support for interoperability between Microsoft Windows Media DRM and Macrovision’s copy management solution. The agreement allows entertainment content owners to benefit from greater distribution flexibility while maintaining rights protection on PCs, digital video recorders and portable media devices. Microsoft and Macrovision will roll out this functionality over the next year.
Macrovision Solution Offers Powerful Copy Management for DVD Devices, Set-Top Boxes and PCs
Macrovision Corporation (Nasdaq: MVSN), the leader in digital media management and content protection, today announced that Microsoft Corp. has licensed and received certain rights to Macrovision’s intellectual property (IP), which includes patents and copyrights, regarding managing and preventing unauthorized copies on analog video interfaces. Covered Macrovision technologies include Macrovision’s original analog copy protection (ACP), new enhanced capabilities for ACP aimed at new uses such as video-on-demand and pay-per-view (ACPe), and other rights signaling technologies (CGMS-A, the US over-the-air "Broadcast flag" and others).
Macrovision Corporation (Nasdaq:MVSN)announced today that it is holding its first ever Analyst Day at The Four Seasons Hotel in New York City on February 1, 2005 from 12:45 p.m. – 4:30 p.m. ET. The Analyst Day will showcase various executives from each of the Company’s two divisions, who will discuss market opportunities and provide strategic and tactical business roadmaps. In addition, the executives will demonstrate various Company products and analyze key market trends impacting the Company’s business lines.
Macrovision Demonstrates the World’s Most Widely Adopted Music Content Protection Solutions
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 Corporation (Nasdaq: MVSN) announced today that George M. Monk has accepted the position of Vice President of Finance and Acting Chief Financial Officer. In this position, Mr. Monk also will serve as the Company’s Principal Accounting Officer. Mr. Monk joins Macrovision on January 24, 2005.
Macrovision Corporation (Nasdaq: MVSN) announced today that Universal Studios Home Entertainment has entered into a new, multi-year copy-protection agreement for its DVDs and select videocassettes worldwide.
Macrovision® Corporation (NASDAQ: MVSN), announced today that it has achieved the status of Microsoft Gold Certified Partner, reaching the highest level in three separate competencies as a result of its success in working with Microsoft and delivering Microsoft-compatible solutions to enterprise customers: Advanced Infrastructure Solutions, ISV Software Solutions, and Networking Infrastructure Solutions.
Software Protection Technology Deployed on over 300 Million PCs Expanded to Protect Content on Billions of CD Music Tracks
Macrovision Corporation (Nasdaq:MVSN), the global market leader in content protection and digital rights management (DRM) technologies, has evolved its market-leading, patented SafeDisc® software protection technology, in use on hundreds of millions of PCs, for use in CDS™, the world’s most widely adopted music CD content protection solution. Music labels can, for the first time, deploy a software-based content protection solution with confidence to hundreds of millions of consumers in the U.S. and beyond.
