Featuring quality motion picture and television content produced by Lionsgate, the new showcase is powered by VeriSign's highly scaleable and secure digital infrastructure. In addition, another VeriSign partner, Organic, Inc., a digital communications agency, produced the creative and compelling user interface. A beta version of the showcase is available for viewing at the VeriSign NAB booth (C2546) and at www.verisign.tv.
"Our partnership with VeriSign is another example of our commitment to remain at the cutting edge of content innovation for a digital world," said Jon Ferro, Executive Vice President, Television Distribution, Lionsgate. "By combining our filmed entertainment with VeriSign's state-of-the-art technology, we can explore a wide range of opportunities in the networked digital environment of the future."
Lionsgate noted that it now has over 10 active digital delivery agreements for its content and welcomed the opportunity to utilize VeriSign's technology for its filmed entertainment product as a first step in exploring a continuing partnership with VeriSign in digital distribution.
"VeriSign is actively engaged with some of the leading media and entertainment companies in the world, and they all face the same challenge -- how to reach their audience in this rapidly changing marketplace," said Scott Sahadi, Vice President, Media and Entertainment, VeriSign. "We are excited to collaborate with Lionsgate to showcase the next-generation distribution model for media and entertainment companies."
The .tv domain is closely associated with dynamic video content, making this domain a unique destination for consumers demanding rich-media online. Like .com and .net, .tv is a top-level domain managed by VeriSign.
Lionsgate is the leading independent filmed entertainment studio, winning the 2006 Best Picture Academy Award® for "CRASH," generating two consecutive years of $300 million-plus domestic theatrical box office, operating a $500 million-plus home entertainment business and producing a broad slate of prime time television series for fiscal 2007. It is a premier producer and distributor of motion pictures, television programming, home entertainment, family entertainment, and video-on-demand content. Its prestigious and prolific library of more than 10,000 titles is a valuable source of stable, recurring revenue and a foundation for the growth of the Company's core businesses. The Lionsgate brand is synonymous with original, daring, quality entertainment in markets around the world.
VeriSign, Inc. (
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSign Digital Content Services and VeriSign Naming Services; the possibility that VeriSign's announced new services may not result in additional customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2005 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.