MIDEM, Cannes, France 1/23/2005 - 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.
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® Windows® XP" solution and is compatible with Microsoft Windows Media® 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™ 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 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.
