Submitted by Webitpr:
Macrovision Corporation (Nasdaq: MVSN), the world's
leading provider of content protection and digital rights management ('DRM")
technologies, announced today that the company has reorganized into two business
units: the Entertainment Technologies Group ('ETG") and the Software
Technologies Group ('STG"). The Entertainment Technologies Group merges the
Video Technology and Music Technology Divisions, along with the
SafeDisc®-portion of the Consumer Software Division. The Software Technologies
Group absorbs the Enterprise Software Division and the SafeCast® business that
was also a part of the Consumer Software Division. Steve Weinstein, who served
as Macrovision's Chief Technology Officer, has been appointed the Executive Vice
President and General Manager of ETG. Dan Stickel, who headed the Enterprise
Software Division, is now Executive Vice President and General Manager of STG.
'Macrovision's entertainment customers are at the cusp of the transition
from the packaged media/optical disc world to the online/Internet world," said
CEO Bill Krepick. 'For example, Record Labels, Film Studios and Games Publishers
are seeking integrated content protection and DRM solutions that cut across
various devices and media formats, such as DVDs, CDs, CD-ROMs, game console
software, and set-top boxes, as well as Internet portal, streaming, and download
applications. Likewise, software and hardware vendors are enabling new business
models such as utility computing via our FLEXlm® solutions, and product
activation via our SafeCast DRM for personal software solutions. In response to
this convergence of customer needs, Macrovision is focusing on bringing the
broadest and most robust protection and enablement solutions delivered in an
integrated fashion."
In addition, Brian Dunn has been promoted to
Executive Vice President of Corporate Development and Chief Strategy Officer.
Ian Halifax has been promoted to Executive Vice President of Finance and
Administration and Chief Financial Officer. Carol Flaherty, formerly Senior Vice
President of the Video Technology Division, has assumed worldwide sales
management for all of Macrovision's video, music, and PC games products. Brian
McPhail, formerly Vice President of the Consumer Software Division, will take on
the strategic role of integrating SafeCast into the enterprise software
environment and building a DRM 'Best Practices" Alliance with Macrovision's
major SafeCast customers.
'Macrovision has a unique position in regard
to entertainment and enterprise customers," added Krepick. 'We have a
non-exclusive, open-licensing approach; non-competitive positioning with
customers on the content and hardware sides of the business;
cross-platform/interoperable systems; and deep experience in building,
supporting, and enforcing ecosystems that extend DRM and copy protection beyond
simple point solutions. With this reorganization, our heightened focus and
seasoned management team can accelerate our ability to deliver seamless, robust
copy protection and rights management solutions to our global customers and to
their distribution partners."
About
Macrovision
Macrovision develops and markets digital rights
management ('DRM"), copy protection, and electronic license management
technologies for the consumer software, enterprise software, home video and
music industries.
Macrovision has its corporate headquarters in Santa
Clara, California, with international offices in London, Frankfurt, Tel Aviv,
Tokyo, Hong Kong, Taipei and Seoul. For more information about Macrovision
Corporation and its products, please visit www.macrovision.com.
Source: Webitpr
