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 ThomsonÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s Technicolor business and VeriSignÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s authentication and network infrastructure. The service will leverage TechnicolorÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s expertise in content security, preparation, management and distribution; and its long standing relationships with entertainment providers.
The service will also leverage VeriSignÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢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 VeriSignÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢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.
ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œDeveloping 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,ÃƒÂ¢Ã¢â€šÂ¬Ã‚Â said Frank Dangeard, Chairman and Chief Executive Officer of Thomson. ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œWe 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.ÃƒÂ¢Ã¢â€šÂ¬Ã‚Â
ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œVeriSign is pleased to be working closely with Thomson to help bring digital content on demand solutions to market,ÃƒÂ¢Ã¢â€šÂ¬Ã‚Â said Stratton Sclavos, Chairman and Chief Executive Officer of VeriSign. ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œBuilding on VeriSignÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢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.ÃƒÂ¢Ã¢â€šÂ¬Ã‚Â