SANTA CLARA, Calif. 1/19/2005 - 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.
"This agreement firmly underscores Universal’s commitment to vigorously protect its video and DVD content from all facets of piracy," said Craig Kornblau, President, Universal Studios Home Entertainment. "Implementing Macrovision’s video protection ecosystem helps us to effectively enhance the long-term value of our film library, while advancing our efforts to aggressively derail piracy."
"Universal Studios is truly a leader in intellectual property protection. We deeply respect the significant commitment that Universal Studios Home Entertainment is making to protect the value of its content," said Steve Weinstein, executive vice president and general manager of Macrovision’s Entertainment Technology Group. "With millions of DVD recordable devices entering the market and other digital set-top boxes, personal video recorders and media center PCs gaining hold, Macrovision’s video copy protection technology continues to be the most widely deployed and most reliable way to protect against unauthorized copying of pre-recorded media."
Macrovision’s technology is designed to allow consumers to transparently view original programming on all types of TV sets, but prevents unauthorized copying on DVD recorders, hard drive recorders and VCRs. The majority of hard drive recorders and home media center PCs recognize Macrovision’s technology and either disable recording of copy-protected content or record an encrypted copy that can only be played on the machine it was recorded on, thereby inhibiting unauthorized Internet file sharing.
About Universal Studios Home Entertainment
Universal Studios Home Entertainment is a unit of Universal Pictures, a division of Universal Studios. Universal Studios is a part of NBC Universal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Formed in May 2004 through the combining of NBC and Vivendi Universal Entertainment, NBC Universal owns and operates the No. 1 television network, the fastest-growing Spanish-language network, a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. NBC Universal is 80%-owned by General Electric, with 20% controlled by Vivendi Universal.
About Macrovision Solutions Corporation
Macrovision Solutions Corporation is focused on providing a uniquely simple digital home entertainment experience by delivering solutions to businesses to protect, enhance and distribute digital goods to consumers across multiple channels. Macrovision's technologies are deployed by companies in the entertainment, consumer electronics, cable and satellite, and online distribution markets to solve industry-specific challenges and bring greater value and a more robust user experience to their customers. The result of deploying Macrovision's solutions is a simple end user experience for discovering, managing and enjoying digital content. Today, Macrovision provides connected middleware, media recognition, interactive programming guides, copy protection and rich media, data and metadata on music, games, movies and television programming. The company also operates an entertainment portal which can be found at http://www.allmusic.com/. Macrovision holds over 4,100 issued or pending patents and patent applications worldwide.
Macrovision is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, Hong Kong, Luxembourg, and the United Kingdom. More information about Macrovision can be found at http://www.macrovision.com/.
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Forward Looking Statements
All statements contained herein that are not statements of historical fact, including statements that use the words "will" or "is expected to," or similar words that describe the Company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company's most recent quarterly report on Form 10-Q for the period ended September 30, 2008 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at http://www.sec.gov/). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
