DivX and Next New Networks Partner to Distribute Independent Video Content on the DivX Connected(TM) Platform
DivX zu myNews hinzufügen Was ist das?
DivX, Inc. (NASDAQ:DIVX) and Next New Networks, the new media company
creating branded micro-networks on the Internet, today announced a
partnership to allow consumers to access Next New Network shows through
the DivX ConnectedTM platform.
Next New Networks is one of the most widely distributed video content
providers on the Internet with a large number of branded networks,
including IndyMogul, Channel Frederator, and Veracifier. DivX Connected
is a powerful, easy-to-use open platform that brings a high-quality
digital media experience to the living room, allowing consumers to
access media content and services from the PC and Internet through a
range of consumer electronics products. The first DivX Connected device
available to consumers from D-Link is presently for sale online in the
UK, France, and Germany and will be released in the US later this year.
"DivX Connected is a great platform that will
allow us to move our content beyond the PC to the comfort of the living
room,” said Herb Scannell, co-founder and CEO,
Next New Networks. "It is our goal to bring
compelling, original video programming to users wherever and whenever
they want to enjoy it, across any device or platform, and DivX is a
great partner to help make that vision a reality.” "Next New Networks is an innovative content
distributor of uniquely compelling shows that appeal to passionate
audiences,” said Jerome "Gej”
Vashisht-Rota, Co-founder, Vice President & Group Business Manager,
Media Experience, at DivX, Inc. "They’ve
done a great job utilizing the open power of the Internet to engage
consumers, and the DivX Connected platform provides an ideal complement
to that strategy by extending Next New Networks shows to the living room
in an open and seamless experience.”
For more information on DivX Connected, see www.divx.com/connected.
For more information on Next New Networks, please visit www.NextNewNetworks.com.
About Next New Networks
Next New Networks is a media company that is creating micro television
networks over the internet for targeted communities, bringing together
elements of traditional TV networks with Internet functionality that
invites viewers to contribute, share and distribute content. The company
is headquartered in New York City and is privately held. For more
information, please visit www.NextNewNetworks.com.
About DivX, Inc.
DivX, Inc. is a 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 100 million DivX Certified®
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.
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 the anticipated benefits of
the partnership between Next New Networks and DivX, DivX’s
customers and shareholders, activities expected to occur in connection
with the partnership, and the expected increase to DivX’s
market opportunity related to DivX Connected consumer electronics
devices. 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: risks that the anticipated
benefits of the Next New Networks partnership with DivX may not
materialize to the extent expected, or at all; risks related to the
uncertainty surrounding DivX’s success in
developing DivX Connected consumer electronics devices; risks related to
the timely development of DivX Connected consumer electronics devices;
risks related to the anticipated consumer adoption and benefits of DivX
Connected consumer electronics devices; the risk that the anticipated
market opportunities may not materialize as expected, or at all; the
risk that customer use of DivX technology may not grow as anticipated;
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; DivX's dependence on its
licensees and partners; the effect of intellectual property rights
claims; and other factors discussed in the "Risk Factors" section of
DivX's quarterly report on Form 10-Q filed with the SEC on November 14,
2007. 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.