Seattle, WA, February 25, 2009 --(PR.com
)-- Video delivery platform provider GridNetworks has partnered with Widevine Technologies, the only provider of multiplatform, multiformat DRM and video optimization solutions, to secure content delivered via the GridCast TV service.
"As we work to make GridCast TV the industry standard for viewing Internet video directly on TVs DRM has become increasingly critical,” said GridNetworks CEO Tony Naughtin. “Widevine’s multiplatform DRM allows us to add more value to our solution—and it allows GridNetworks to serve the largest media companies with the most popular titles."
Widevine’s studio-accepted DRM solution secures content delivered to multiple consumer platforms in multiple formats, including H.264, Adobe Flash, Microsoft Windows Media, and Microsoft Silverlight. The partnership combines Widevine’s DRM solution with GridNetwork’s GridCast TV service, which has a reach of over 40 million viewers through the Microsoft Xbox 360 and Sony PlayStation 3.
“Video producers and distributors are looking for additional channels to monetize Internet video, and GridCast TV provides this by extending service delivery to the living room,” said Matt Cannard, Vice President, Marketing of Widevine Technologies. “This multiplatform DRM and service delivery solution is what customers have asked for in order to target a highly prized consumer demographic.”
Widevine’s DRM solution securely distributes, stores, and controls playback of monetized digital media to any Internet-enabled consumer device. Over 140 service providers and 160 web properties use Widevine to secure digital video.
GridNetworks technology does what no CDN or video-platform provider can do: it gets high-value Internet video onto TVs and computers—with no additional hardware—while keeping content owners in control of their brand, content, and revenue model. As an end-to-end video delivery platform provider, GridNetworks helps content owners establish a direct relationship with TV viewers, eliminating the need to work with third parties or negotiate numerous distribution deals. GridNetworks technology also scales quickly to meet audience growth. GridNetworks is based in Seattle, Washington, and was founded in 2005. Investors include Comcast, Cisco, and Panorama Capital. For more information, visit http://www.gridnetworks.com.
About Widevine Technologies
Widevine is the only provider of multiplatform and multiformat DCAS, DRM, digital copy protection, and video optimization solutions for content owners, telco, cable, satellite, DTT, and Internet service operators. More than 140 service providers and 160 web properties utilize Widevine solutions to enable the acquisition and distribution of premium studio and broadcaster content to a wide range of consumer devices. Widevine makes it possible to protect Internet and pay TV revenues while creating new service opportunities through the secure distribution, identification, and tracking of digital content.
An innovator and holder of 55 patents, the company continues to develop new technologies and solutions that solve the multiplatform and multiformat content protection and digital forensic needs of content owners and operators globally. Widevine is a privately held corporation headquartered in Seattle, Washington, funded by Cisco Systems, Inc. (NASDAQ: CSCO), Charter Ventures, Constellation Ventures, Dai Nippon Printing Co., Ltd (DNP), PaceSetter Capital Group, Phoenix Partners, TELUS (NYSE: TU), and VantagePoint Venture Partners. For more information, visit http://www.widevine.com.