Anti-Piracy Protection becomes a High Priority as Video Content Increases and Costs to Entertainment Industry Escalate
January 30, 2007 (Press Release) --
POINT ROBERTS, WA and DELTA, BC – January 30th, 2007– www.DigitalMediaStocks.com, an investor and industry news portal for the digital media sector, introduces USA Video Interactive Corp. (OTCBB: USVO; TSX: US.V) as a new featured company. USA Video Interactive Corp. is a technology developer for the delivery of digital media, providing anti-piracy solutions to existing distribution channels and enabling media distribution to expand into interactive channels with Video-on-Demand. With the increasing amount of video content available on the Internet, the level of piracy is expected to surge making the need for anti-piracy policies and products a growing priority.
Revealing the damage caused by piracy, the Motion Picture Association of America (MPAA) estimates that the worldwide motion picture industry, which includes foreign and domestic producers, distributors, theaters, video stores and pay-per-view operators, lost $18.2 billion in 2005. More specifically, the MPAA puts the cost to American movie studios in 2005 at roughly $6.1 billion. According to the Canadian Motion Picture Distributors Association, the costs in Canada have reached $118 million in losses due to piracy issues.
A recent study conducted by the Institute for Policy Innovation (IPI) expands the scope of cost assessment and in addition to the billions of dollars in lost revenue faced by the film industry as a result of motion picture piracy, there is also a significant impact on the U.S. economy as whole. The IPI report shows that movie piracy has generated an annual U.S. output loss of $20.5 billion, $837 million in annual revenue loss and has caused the loss of over 141,000 U.S. jobs.
Working to provide solutions to the growing global video piracy problem, USA Video Interactive Corp. has developed its anti-piracy product, MediaSentinel™ and is developing its MediaEscort™ for delivery in the first quarter of 2007. Both products utilize the Company's SmartMark™ digital watermarking technology as a means for producers and distributors to invisibly protect their content.
For additional information on USA Video Interactive Corp. (OTCBB: USVO; TSX: US.V) please visit: http://www.digitalmediastocks.com/CO/USVO/
USA Video Interactive Corp. is a featured company on www.DigitalMediaStocks.com, and www.TechSectorStocks.com, investor and industry portals within the InvestorIdeas.com™ content umbrella. InvestorIdeas.com does not make recommendations but offers investors research, news, blogs, RSS Feeds, online conferences, interviews and links to public companies within the tech sector.
Full News: http://www.investorideas.com/Companies/ViewDocument.asp?ID=4863
Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Revealing the damage caused by piracy, the Motion Picture Association of America (MPAA) estimates that the worldwide motion picture industry, which includes foreign and domestic producers, distributors, theaters, video stores and pay-per-view operators, lost $18.2 billion in 2005. More specifically, the MPAA puts the cost to American movie studios in 2005 at roughly $6.1 billion. According to the Canadian Motion Picture Distributors Association, the costs in Canada have reached $118 million in losses due to piracy issues.
A recent study conducted by the Institute for Policy Innovation (IPI) expands the scope of cost assessment and in addition to the billions of dollars in lost revenue faced by the film industry as a result of motion picture piracy, there is also a significant impact on the U.S. economy as whole. The IPI report shows that movie piracy has generated an annual U.S. output loss of $20.5 billion, $837 million in annual revenue loss and has caused the loss of over 141,000 U.S. jobs.
Working to provide solutions to the growing global video piracy problem, USA Video Interactive Corp. has developed its anti-piracy product, MediaSentinel™ and is developing its MediaEscort™ for delivery in the first quarter of 2007. Both products utilize the Company's SmartMark™ digital watermarking technology as a means for producers and distributors to invisibly protect their content.
For additional information on USA Video Interactive Corp. (OTCBB: USVO; TSX: US.V) please visit: http://www.digitalmediastocks.com/CO/USVO/
USA Video Interactive Corp. is a featured company on www.DigitalMediaStocks.com, and www.TechSectorStocks.com, investor and industry portals within the InvestorIdeas.com™ content umbrella. InvestorIdeas.com does not make recommendations but offers investors research, news, blogs, RSS Feeds, online conferences, interviews and links to public companies within the tech sector.
Full News: http://www.investorideas.com/Companies/ViewDocument.asp?ID=4863
Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
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