Disgraced MediaDefender is buying disgraced MediaSentry from the latter’s parent company, SafeNet.
What will the new entity be called?
Whatever it is, the Safenet guys will be laughing all the way to the bank.
MediaDefender, owned by ARTISTdirect, was talked out of parting with close to a million dollars comprising $136,000 in cash and $800,000 in a one year note.
The buy will, “enable MediaDefender to dramatically expand its effectiveness by providing customers with a wide range of options to meet the constantly evolving challenges in copyright protection and enforcement,” says a statement from ARTISTdirect boss Dimitri Villard.
The, “combination of MediaDefender, the leader in Internet Piracy Prevention (IPP) with MediaSentry, the leader in business and marketing intelligence derived from P2P channels, creates a true powerhouse in the field of intellectual property protection.”
Parasitical MediaSentry, in turn, was recently fired by Vivendi Universal, EMI, Warner Music and Sony Music’s RIAA.
ARTISTdirect – ARTISTdirect Announces Acquisition of MediaSentry, April 2, 2009
ended up online – MediaDefender debacle: update, September 17, 2009
pastures new – MediaDefender Saaf, Octavio, hit the road, March 27, 2009
fired by – RIAA fires MediaSentry: confirmed, January 4, 2009
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