Home › content

ArtistDirect Buys Anti-Piracy Firm MediaDefender for $42.5 Million

Authored by Mark Hefflinger on August 1, 2005 - 7:03am.
Los Angeles -- ArtistDirect, an independent online music site that claims 13 million visitors per month, announced on Monday that it has acquired Internet anti-piracy software developer MediaDefender, for $42.5 million. Marina del Rey, Calif.-based MediaDefender seeds popular peer-to-peer file-sharing networks with "spoofed" versions of copyrighted songs and other media files, frustrating prospective downloaders with bogus files, on behalf of the major record labels and movie studios. "We believe that MediaDefender holds enormous potential to become the ubiquitous gold standard for the customized protection on the Internet of all forms of digital content," said ArtistDirect CEO Jon Diamond. Los Angeles-based ArtistDirect foresees expanding the use of MediaDefender's technology to protect straight-to-DVD movies, video games, software and e-books.
http://biz.yahoo.com/prnews/050801/nym100.html
http://www.mediadefender.com
http://www.artistdirect.com
tags: Deals | ArtistDirect | Anti-Piracy Firm | MediaDefender |



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.