MusicDish e-Journal - November 23, 2017
MusicDish Advertising Network
Search MusicDish e-Journal (Advanced)
Subscribe To MusicDish e-Journal
About | Contact | Advertise | RSS | Submit Article | Submit News | Artist Development | Premium PR Distribution
Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network

InterTrust Partners with Nokia and Releases Financial Results for 2000
Pushes Ahead with DRM Solutions for the Secure Delivery of Content to Mobile & Portable Devices
By Sounni de Fontenay
(more articles from this author)
Comment | Email | Print | RSS

"'s not just about digital rights management - digital rights management is just a component in that world - but it's about creating a global electronic trust context that people use to have interactions on any digital processing platform." - Talal Shamoon, SVP of Media, InterTrust [4/26/00 MusicDish interview]

Intertrust has taken another step towards its goal of being the leader in creating this "global electronic trust context" with the announcement of a partnership with Nokia, the Swedish mobile communications company. The agreement stipulates that Nokia will use Intertrust as their preferred DRM technology provider. Obviously, Nokia views DRM as a key to delivering content to its mobile users in a secure & trackable method and InterTrust as the right technology for that purpose. To prove the point, Nokia has taken a 5% stake in Intertrust, valued at $20 million.

InterTrust has designed platforms, Rights/PDä and Rights/Phoneä, to allow for the delivery of content to portable devices. The agreement with Nokia brings to a total 28 device manufacturers and content providers with which InterTrust has entered into partnerships for the delivery of content to portable devices.

"Digital Rights Management is a crucial element in digital media distribution solutions and InterTrust has developed a best-of-breed solution suitable to both mobile DRM and computing platforms." says Pekka Ala-Pietilä, President of Nokia.

Victor Shear, Chairman of InterTrust, stated. "To support our new partnership with Nokia and to establish InterTrust DRM as the defacto standard in the mobile market, InterTrust intends to invest significant resources to further develop our mobile DRM system, enabling consumers to obtain, use, and interact seamlessly with, digital content whenever and wherever they wish."

"Only a year ago, secure digital music in portable devices was nothing more than a concept, and now it's a reality," said David Ludvigson, President of InterTrust, in a January 5th press release. "InterTrust has moved quickly to deploy our DRM technology in several portable devices, and PCs, to enable trusted digital commerce with the most versatile and secure DRM solution on the market today."

Over the last year, InterTrust has made waves in the DRM arena with licenses to 60 companies including Blockbuster, Adobe, AOL, Panasonic, DigMedia, and Iomega, among others. In the fourth quarter of 2000, InterTrust reported revenues of $2.9 million and $8 million for the year ending December 31, 2000, up from $0.7 million and $1.5 million, respectively, for 1999. With losses amounting to $12.6 million for the fourth quarter and $55.6 million for the year, InterTrust is still a long way from realizing a profit from its patents. However, with the coming maturing of the online music market, following the dot-com bubble, and the development of new business models to distribute content as well as the calls from content creators for the protection of their content, InterTrust has positioned themselves as the "behind the scenes player" allowing for the monitization of digital content.

"During the fourth quarter, we continued to make excellent progress on expanding our licensee base while developing a solution oriented organization to address the increasing demand for digital rights management solutions across multiple vertical markets," said David Ludvigson.

While InterTrust firms up deals with leading software, hardware & content players, that is only half the battle. There still remains the major labels and their reticence to release their full catalogues of music digitally, which is holding back the ultimate potential of the music market. The decisions of the 'Big Five' are all the more important due to other players in the content medium (video, books, software...), who are waiting for the dust to settle over the copyright battles currently being waged in the music industry. Most promising is InterTrust's partnership with BMG which could lend itself quite well with Bertelsmann's and Napster's goal of providing a secure, "for pay" peer-to-peer network for the distribution of music. Currently, BMG is deploying downloads using InterTrust at


Adobe -
Bertelsmann -
Blockbuster -
DigMedia -
InterTrust -
Iomega -
Nokia -
Panasonic -

Related MusicDish e-Journal Articles:
» InterTrust: The OS Of The Digital Rights Market - Interview w/ Talal Shamoon, Senior VP of Media in RealAudio (2000-04-26)

Related News from Mi2N:
» InterTrust Technologies Corporation Reports Fourth Quarter And Year-End 2000 Results
» Nokia Selects InterTrust's DRM Technology And Acquires 5% Stake
» Matsushita Electric (Panasonic) And InterTrust To Collaborate On Secure Music Distribution
» InterTrust DRM Technology Deployed In Portable Devices

Home » News Beat » InterTrust Partners with Nokia and Releases Financial Results for 2000
Email |Print |Comment |RSS

back | top

MusicDish Advertising Network

News Beat

» Nordic & British Musicians' Unions' Joint Statement on Sexism in the Music Industry

» Women Make An Impact On The 2018 MPG Awards Shortlist

» Two-Sides of Copyright Finance: Sound Royalties & Kobalt

» Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes

» Europe's Digital Music Leaders Form Alliance

News Beat Directory

» [2017-11-21] Joint Statement By The Nordic Musicians' Unions And British Musicians' Union; Discussions On The Issue Of Gender Inequality, Sexism And Sexual Harassment, The Scale Of Which Had Been Highlighted By The Recent #metoo Campaign

» [2017-11-13] Women Make An Impact On The 2018 MPG Awards Shortlist; Nearly A Quarter Of Those Named This Year Are Female, Proving That Music Production Is No Longer A Bastion For The Boys

» [2017-11-13] The Nashville Musicians Sound Healthcare Plan Rolls Out; Sound Healthcare & Financial Announced The Formation Of A True Group Health Insurance Policy Plan For Musicians And Industry Professionals

» [2017-11-09] Streaming & Listening Diversity - Spotify Case Study; Will Artists Have An Easier Time Finding An Audience, Or Will Streaming Focus Global Attention On A Small Number Of Stars?

» [2017-11-09] Two-Sides Of Copyright Finance: Sound Royalties & Kobalt; Sound Royalties Unearths Millions In Undistributed Royalties While Kobalt Launches Fund To Invest In Music Copyright

» [2017-11-08] Career Moves: ROLI, Live Nation Sweden, Music Glue, BBR Music Group, Warner/Chappell Music Spain & Blue Night Soundscapes; ROLI Chief Creative Officer, Live Nation Sweden Managing Directors, Music Glue Global Head Of Business Development, BBR Music Group VP Of International, Warner/Chappell Music Spain Managing Director And Blue Night Director Of Music Clearance

» [2017-11-08] Europe's Digital Music Leaders Form Alliance; European Digital Music Companies Launch Of Digital Music Europe

» [2017-11-05] Pandora Subscriber Base Grows To Over 5 Million; Pandora Premium Paid Subscribers Cross The 1 Million Milestone In October 2017

» [2017-11-05] Hybrid Studios Announces Online Mastering Services; Engineers Billy Klein And Brian Frederick Spearhead New Online Mastering Effort Through OC Studio

» [2017-11-05] Music Industry Betting On VR & AR For New Revenue; The Music Industry Is Making An Early Bet On VR & AR To Create New Revenue Streams Across All Their Lines Of Business

» [2017-11-04] Sound Royalties Unearths Millions In Undistributed Royalties; Nearly $14 Million In Undistributed Royalties Has Been Found By Music-focused Finance Firm Sound Royalties

» [2017-11-02] MusicDish*China October China Label Music Releases And Charts; Several Tracks From October Releases Have Charted On Chinese Music Portal Kanjian ING Top 10 Weekly Chart
MusicDish Advertising Network

follow MusicDish on
Follow MusicDish on Twitter

Mi2N Music PR

Hybrid Studios To Sponsor Unsigned Only 2018

Twice The Holiday Feel-Good Vibe From NYC Indie Rockers

LOVE MY COUNTRY! Is The Ultimate Compilation Series Featuring 20 Hot New Hits

Getting Restless

Your Favorite Color Releases "Heartache"

Melvin Alan Album "Wonderful Life"

Jean Louisa Kelly Presents A Personal Collection Of Songs From The American Standards And Musical Theater

Websites: Mi2N | MusicDish*China | MusicDish Network | MusicDishTV | Urban Music News Network
Services: Submit Article | Submit News | Submit Video | Artist Development | Premium PR Distribution

Copyright © 1997-2017 MusicDish LLC., all rights reserved.
About MusicDish e-Journal | Contact Us | Advertise | RSS | Internships