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Macrovision reorganizes into two primary business units

Macrovision reorganizes into two primary business units

General Interest Jun 17,2003 0

Macrovision Corporation 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.”

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