FOR IMMEDIATE RELEASE
Thursday, August 11, 2005
Widevine® Technologies Joins Coral Consortium
Focus on creating open platform architecture to secure distribution of video and music
Seattle WA, August 11, 2005 –Widevine Technologies, the most deployed provider of comprehensive conditional access and digital rights management (DRM) for video operators and the industry leader in securing content on open architecture platforms, today announced it has joined the Coral Consortium.
The Coral Consortium (www.coral-interop.org) is a forum comprising representatives from across the content distribution value chain that are creating a voluntary standard to provide for interoperability among disparate DRM approaches. Its membership includes three major film studios and all four major record labels.
“Widevine is the most integrated content security vendor for the major video-on-demand (VOD), middleware, set-top box (STB) and personal video recorder (PVR) vendors today,” said Glenn Morten, CTO and VP of Engineering at Widevine Technologies. “The widely deployed nature of Widevine Cypher®, along with our strong studio and broadcaster relationships enables Widevine to embed downloadable, renewable Cypher Virtual SmartCard™ clients into processing chips, STBs, PVRs, PCs, mobile devices, portable media players and other consumer electronics devices.” Widevine intends to bring Coral Consortium based interoperable products to the market as part of its efforts to expand operators’ content service domains.
About Widevine Technologies, Inc.
Widevine is the most widely deployed provider of comprehensive conditional access and digital rights management solutions for video operators worldwide. Widevine enables telco, cable, satellite operators and internet service providers to generate new revenue opportunities through the secure distribution of their IP content. Widevine Cypher is a comprehensive conditional access (CAS) and digital rights management (DRM) solution.
Utilizing a combination of hardware and software-based encryption, Widevine Cypher persistently encrypts both digital broadcast and video-on-demand (VOD) content, regardless of video infrastructure, network protocols or compression technologies. An innovator in the industry, Widevine invented the downloadable, renewable Cypher Virtual SmartCard™ client which today protects more IP video set-top boxes and devices in the industry than any other vendor. Widevine Virtual SmartCard clients quickly and affordably enable operators to combat piracy on set-top boxes, personal video recorders, PCs, mobile devices and portable media players within the home. Widevine Secured operators are guaranteed to encrypt studio and broadcaster content, across any video distribution network and on any Widevine Secured device in the home.
Widevine is a privately held corporation headquartered in Seattle, WA, funded by Charter Ventures, Constellation Ventures, PaceSetter Capital Group, Phoenix Capital Partners, and VantagePoint Venture Partners.
For more information see Widevine Technologies at www.widevine.com.
Media Contact:
Eric Moser
Ruder Finn Chicago (for Widevine Technologies)
Tel: +1 312 329 3908
mosere@ruderfinn.com
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