Technicolor's mp3HD Format Now Available in Topspin's Music Catalog
October 7, 2010 | 08:52
Paris (France), October 7, 2010
Technicolor (Euronext Paris : FR0010918292 ; NYSE : TCH) today announced that it signed a contract with Topspin, a leading music platform, for the distribution of their music catalog in mp3HD format.
Topspin (www.topspinmedia.com) is a technology-focused direct-to-fan marketing, management and distribution platform which helps artists manage their catalogs, connect with fans, and generate demand for music. Thousands of artists, managers and labels have already chosen the Topspin platform, including the Beastie Boys, David Byrne, Paul McCartney, The Doors, Janis Joplin, Arcade Fire, Eminem, Linkin Park, Trey Songz, Peter Gabriel, Carly Simon and Metric.
“When given a choice, nearly 40% of Topspin consumers choose a high definition audio format,” said Ian Rogers, CEO of Topspin. “We are pleased to be the first retailer to offer mp3HD to consumers. mp3HD quality will bring an enhanced and premium audio experience to music fans who expect the best when they purchase direct from their favorite artists.”
"This agreement with Topspin is very important for the proliferation of the consumer-friendly mp3HD format", said Rocky Caldwell, Vice President, mp3 and digital video IP licensing for Technicolor. “Music lovers can now enjoy lossless audio quality without giving up the ubiquity and ease-of-use of the mp3 format”.
Fans will now be able to purchase tracks in mp3HD quality directly from the Tospin-affiliated artists’ website and play them back using the Winamp plug-in available at www.winamp.com. Mac owners can use the Fraunhofer mp3HD player available at www.all4mp3.com
The mp3HD format, which was co-developed by the same Technicolor and Fraunhofer IIS teams that invented mp3, offers lossless audio compression as well as compatibility with the widely-used mp3 standard. mp3HD enables content creators, the music industry and consumers to benefit from the ultimate audio quality experience with the same ease of use as the mp3 format.
Technicolor is a company listed on NYSE Euronext Paris and NYSE stock exchanges, and this press release contains certain statements that constitute "forward-looking statements" within the meaning of the "safe harbor" of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Technicolor’s filings with the U.S. Securities and Exchange Commission and its filings with the French Autorité des marchés financiers.
With more than 95 years of experience in entertainment innovation, Technicolor serves an international base of entertainment, software, and gaming customers. The company is a leading provider of production, postproduction, and distribution services to content creators and distributors. Technicolor is one of the world’s largest film processors; one of the largest independent manufacturers and distributors of DVDs (including Blu-ray Disc); and a leading global supplier of set-top boxes and gateways. The company also operates an Intellectual Property and Licensing business.
For more information: www.technicolor.com
Topspin is the industry-leading software platform for direct-to-fan marketing and retail. Topspin is the tool of choice for professional labels, management companies, and marketing services companies who have successfully used Topspin's tools to run campaigns for more than 3,000 artists from Paul McCartney and George Harrison to Linkin Park and Eminem. Visit www.topspinmedia.com for more information.
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