DivX and Starz Media Sign Agreement for Digital Distribution in the DivX(R) Format
January 06 2010 - 8:00AM
PR Newswire (US)
Enables Playback of Content from Overture Films, Starz Media and
Original Programming from Starz on Large Ecosystem of DivX
Certified(R) Devices LAS VEGAS, Jan. 6 /PRNewswire-FirstCall/ --
DivX, Inc. (NASDAQ:DIVX), a leading digital media company, and
Starz Digital Media, an operating division of Starz Media LLC,
today announced a multi-year format approval agreement. This is the
first step in enabling online retailers worldwide to offer films
and TV programming produced or distributed by Starz Media for
secure download in the high-quality DivX® format. (Logo:
http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO) Content
covered under the format approval agreement includes: *
Feature-films from Overture Films and Anchor Bay Entertainment
including recent Overture releases such as Sunshine Cleaning, Law
Abiding Citizen, The Men Who Stare at Goats, Capitalism: A Love
Story, and Pandorum; * Movies and TV episodes from Manga
Entertainment, Starz Media's anime division, including Ghost In The
Shell, Street Fighter, Blood: The Last Vampire, Astro Boy, Strait
Jacket, Dead Space, and Gurren Lagann * Starz Originals from the
flagship Starz premium pay TV channel including, "Head Case" and
"Martin Lawrence Presents 1st Amendment Stand-up." This agreement
paves the way for consumers to have the freedom to watch Starz
original programming, Starz Media content, and Overture Films
movies on millions of DivX Certified® devices that have shipped
worldwide, including digital TVs, Blu-ray players, and a variety of
mobile devices. DivX technology allows movies to be compressed to a
fraction of their original size for easy downloading and playback,
while still maintaining excellent visual quality. In the United
States, Starz Digital Media has recently put in place an agreement
with DivX-powered Film Fresh to offer Starz content in the DivX
format. Starz Digital Media's agreement with Film Fresh makes
http://www.filmfresh.com/ the first online storefront authorized to
offer Starz content in the DivX format. Film Fresh is already home
to thousands of movies from Hollywood studios and independent film
makers in the high-quality DivX format. "We're pleased to be
working with Starz and adding such a great variety of TV and
feature film content to the DivX ecosystem," said Kevin Hell, Chief
Executive Officer at DivX. "Starz is our fifth major studio to
approve the DivX format, and this deal demonstrates Hollywood's
enthusiasm for the versatile, high quality experience that DivX
technology provides across the PC, the television and the mobile
phone." "DivX technology is synonymous with quality," said Marc
DeBevoise, senior vice president of Digital Media, Business
Development and Strategy at Starz Media and the lead executive for
Starz Digital Media. "By partnering with DivX, we are meeting our
customers' demand for a high-quality and exceptionally portable
viewing experience as they watch their favorite series and feature
films from us." Products that bear the DivX Certified logo have
undergone a rigorous testing program to ensure a high-quality DivX
media experience, including reliable video creation and playback,
interoperability with other DivX Certified devices and the visual
quality users expect from DivX. For more information about DivX,
visit http://www.divx.com/. About DivX DivX, Inc. is a leading
digital media company that enables consumers to enjoy a
high-quality video experience across any kind of device. DivX
creates, distributes and licenses digital video technologies that
span the "three screens" comprising today's consumer media
environment--the PC, the television and mobile devices. Over 250
million DivX devices have shipped into the market from leading
consumer electronics manufacturers. DivX also offers content
providers and publishers a complete solution for the distribution
of secure, high-quality digital video content. Driven by a globally
recognized brand and a passionate community of hundreds of millions
of consumers, DivX is simplifying the video experience to enable
the digital home. About Starz Digital Media Starz Digital Media, an
operating division of Starz Media, LLC, is responsible for all
digital and on-demand distribution of library content from Overture
Films, Anchor Bay Entertainment, Starz Originals from Starz
Entertainment, and Manga Entertainment. Through a range of
distribution and marketing partnerships with multichannel video
providers, Internet distributors and wireless operators worldwide,
Starz Digital Media makes its content available under numerous
business models including download-to-own/electronic sell-through,
video-on-demand, pay-per-view, subscription video-on-demand and
ad-supported streaming. The division also programs and supports
numerous ad-supported broadband channels and develops games and
gaming-related content from many of its properties for distribution
worldwide. About Film Fresh Film Fresh Inc. operates an online film
destination found at FilmFresh.com. It is a private company based
in Los Angeles. On its Web site, the company offers Hollywood,
Independent, World and Kids content for purchase in DivX download
format and on DVD. Film Fresh also provides news, opinion and
community to film lovers. The company aims to provide a variety of
film experiences to diverse audiences, utilizing both traditional
and emerging platforms. Forward-Looking Statements Statements in
this press release that are not strictly historical in nature
constitute "forward-looking statements." Such statements include,
but are not limited to, statements regarding DivX's visibility
within the investment community and statements regarding the online
availability of premium content in the DivX format. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause DivX's actual
results to be materially different from historical results or from
any results expressed or implied by such forward-looking
statements. These factors include, but are not limited to: the risk
that customer use of DivX technology may not grow as anticipated;
the risk that anticipated market opportunities may not materialize
at expected levels, or at all; the risk that the Company's
activities may not result in the growth of profitable revenue;
risks and uncertainties related to the maintenance and strength of
the DivX brand; risks associated with DivX's ability to penetrate
existing and new markets; risks regarding the effects of
competition; the risk of DivX's dependence on its licensees and
partners; risks that certain premium content may not be available
for download in the DivX format as quickly as anticipated, if at
all; risks related to the effect of intellectual property rights
claims; and other factors discussed in the "Risk Factors" section
of DivX's most recent report filed with the Securities and Exchange
Commission. All forward-looking statements are qualified in their
entirety by this cautionary statement. DivX is providing this
information as of the date of this release and does not undertake
any obligation to update any forward-looking statements contained
in this release as a result of new information, future events or
otherwise. http://www.newscom.com/cgi-bin/prnh/20081124/DIVXLOGO
http://photoarchive.ap.org/ DATASOURCE: DivX, Inc. CONTACT:
Jennifer Baumgartner, +1-503-901-5371, , or Investor Contact: Karen
Fisher, +1-858-882-6415, , both of DivX, Inc.; or Eric W. Becker,
+1-720-852-4065, of Starz Entertainment and Starz Digital Media Web
Site: http://www.divx.com/
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