For more information on Macrovision Corporation visit the Web Site at www.macrovision.com.
Macrovision Signs Long-term Contract With Universal Studios Home Video To Copy Protect Videocassettes And DVDs
Macrovision Corporation (NASDAQ: MVSN), and Universal Studios Home Video announced Tuesday that they have signed a five-year copy protection agreement. Universal Studios Home Video will continue to apply the Macrovision AntiCopy Process to videocassettes and DVDs distributed throughout the US and Canada. ""We are committed to using available copy protection technology to protect our video releases for the benefit of our retailers and other channel partners,"" said Phil Pictaggi, Senior Vice President of Business Development and Operations. ""The Macrovision AntiCopy Process inhibits unauthorized back-to-back copying of prerecorded videocassettes and DVDs, thus helping to maintain the long-term value of Universal's film library, benefiting the creative community and retailers alike in the form of increased rental and sell-through revenues."" ""Retailers carrying Universal titles will continue to profit from copy protection which is designed to deter casual copying,"" said Carol Flaherty, Vice President of Macrovision's Video Protection Group. ""Reduced copying means greater potential sales and profits for retailers who rent and sell copy protected videocassettes and DVDs."" Since its first commercial usage in 1985, over 2.5 billion videocassettes and over 96 million DVDs have been encoded with the Macrovision anticopy process worldwide. About Macrovision Macrovision Corporation develops and markets content copy protection and rights management technologies and products to prevent the illicit duplication, reception or use of video and audio programs and computer software. The company provides its products and services primarily to the home video, pay-per-view, cable, satellite, video security, consumer multimedia and application software markets. Macrovision has its headquarters in Sunnyvale, California with subsidiaries in London and Tokyo.