Companies Partnering To Launch New Service in Mid-2005
Paris/Mountain View, CA., November 23, 2004 -Thomson (Euronext Paris: 18453; NYSE: TMS) and VeriSign, Inc. (Nasdaq: VRSN) today announced plans to create an on-demand digital content authentication and authorization service bureau to support the secure delivery of electronic entertainment content over digital networks. The new service will provide transaction reporting and essential back-office functions to securely authenticate and authorize digital entertainment content such as movies, music and games. Thomson and VeriSign have recently completed successful proof of concept demonstrations with a variety of entertainment companies, telecom companies, technology companies and online retailers and plan to launch the service by mid-2005.
The new service is aimed at content providers and electronic content distributors and will utilize key technologies and expertise of Thomson´s Technicolor business and VeriSign´s authentication and network infrastructure. The service will leverage Technicolor´s expertise in content security, preparation, management and distribution; and its long standing relationships with entertainment providers. The service will also leverage VeriSign´s network security technology and large scale internet transaction authentication infrastructure that currently supports over 400,000 Web sites and 118,000 merchants, as well as VeriSign´s extensive Digital Content mediation and distribution platform. In addition, Thomson and VeriSign are developing proprietary technology, already demonstrated through proof of concept, to provide secure authentication and authorization of digital content and a seamless interface between a variety of home networking devices including personal video recorders, mobile devices, computers and recordable media.
With the worldwide growth of broadband and other high-speed networks, content owners are increasingly interested in growing the market for electronic delivery of content and developing new business models while preventing unauthorized file sharing and piracy. In addition, large telephone carriers continue to install fiber-based networks in homes and are working to deliver “triple play” service offerings (voice, data, and video) to consumers. Working together, Thomson and VeriSign will support the needs of both content owners and distributors by offering a third-party solution that will work across digital networks.
“Developing opportunities in electronic content management and distribution is one of our five strategic priorities, and the cooperative effort with VeriSign is a key step in this direction,” said Frank Dangeard, Chairman and Chief Executive Officer of Thomson. “We believe that creating trusted technology solutions will accelerate the development of new entertainment distribution business models and provide a reliable and trustworthy ecosystem for content owners, network operators, retailers and consumers.”
“VeriSign is pleased to be working closely with Thomson to help bring digital content on demand solutions to market,” said Stratton Sclavos, Chairman and Chief Executive Officer of VeriSign. “Building on VeriSign´s successful Digital Content Services infrastructure, we believe that subscriber demand for entertainment services over broadband networks is the next significant area of growth for communications service providers.”
About Thomson – Partner to the Media & Entertainment Industries
Thomson (Euronext Paris: 18453; NYSE: TMS) provides technology, systems and services to help its Media & Entertainment clients – content creators, content distributors and users of its technology – realize their business goals and optimise their performance in a rapidly changing technology environment. The Group intends to become the preferred partner to the Media & Entertainment industries through its Technicolor, Grass Valley, RCA and THOMSON brands. For more information: www.thomson.net
For information about Thomson Network Services please visit www.thomsonnetwork.com.
VeriSign, Inc. (Nasdaq: VRSN) delivers intelligent infrastructure services that make the Internet and telecommunications networks more reliable and secure. Every day VeriSign helps thousands of businesses and millions of consumers conduct commerce and communications with confidence. Additional news and information about the company is available at www.verisign.com
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