Santa Clara - 4/29/2009 - Macrovision Solutions Corporation (NASDAQ: MVSN) today announced that Paramount Home Entertainment has agreed to license Macrovision’s content protection products, ACP and RipGuard. ACP and RipGuard provide protection against unauthorized copying of content across packaged media such as DVD as well as electronic channels such as the Internet, cable and DBS.
The license also grants Paramount the right to use Macrovision’s advanced Blu-ray protection technology, BD+. Along with the other technologies, Macrovision’s BD+ provides an additional content protection method for content released on Blu-ray. The Blu-ray format provides consumers with high definition video, a more interactive user experience via BD-Java, and exciting new features available in the most recent Blu-ray players with BD-Live.
“We are pleased to continue our long-standing relationship with Macrovision to preserve Paramount Home Entertainment’s high-quality products,” said Kelley Avery, Worldwide President of Paramount Home Entertainment. “Macrovision’s technologies cover a variety of distribution channels, providing necessary safeguards which benefit both the Studio and the consumer.”
“As Macrovision continues to add valuable content protection technologies to their suite of solutions, it provides Paramount with valuable methods to protect our content when distributed on DVD and Blu-ray media,” said Chris Carey, Executive Vice President Worldwide Technical Operations, Paramount Pictures.
“We are delighted that Paramount has chosen to continue its Macrovision relationship and that Macrovision can aid them in realizing full market value for their content,” said Fred Amoroso, President and CEO of Macrovision. “With our solutions, we believe Paramount will be able to confidently explore a broad set of distribution channels while ensuring a consistent product to its customers.”
The agreement is for a multi-year term and financial terms were not disclosed.
About Paramount Home Entertainment
Paramount Home Entertainment (PHE) is part of Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment. PPC is a unit of Viacom (NYSE: VIA, VIA.B), a leading content company with prominent and respected film, television and digital entertainment brands. PHE is responsible for the sales, marketing and distribution of home entertainment products on behalf of various parties including: Paramount Pictures, Paramount Vantage, Paramount Classics, Paramount Famous Productions, Nickelodeon, MTV, Comedy Central, CBS and PBS, and for providing home entertainment fulfillment services for DreamWorks Animation Home Entertainment.
About Macrovision Solutions Corporation
Macrovision Solutions Corporation is focused on powering the discovery and enjoyment of digital entertainment by providing a broad set of integrated solutions that are embedded in our customers' products and services and used by end consumers to simplify and guide their interaction with digital entertainment. 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. Macrovision provides interactive programming guides, connected middleware, media recognition, 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 4,000 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 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 annual report on Form 10-K for the period ended December 31, 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.