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The Almighty Buck

Philips & Sony To Purchase Intertrust DRM Tech 191

tuxlove writes "Reuters is reporting that Philips and Sony Corp, the parents of the compact disc, teamed up on Wednesday to buy InterTrust Technologies for $453 million -- a deal expected to speed up copyright security for digital media. The acquisition by Philips Electronics and Sony of the leading U.S.-based holder of intellectual property in the field of 'digital rights management' technology is widely seen as a way to prevent Microsoft, which has been embroiled in a legal battle with InterTrust, from grabbing control of the potentially lucrative business. Philips and Sony, the electronics giants who introduced the CD format 20 years ago, said the deal would enable secure distribution of content as more films and music are sold over the Internet and other media in digital format."
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Philips & Sony To Purchase Intertrust DRM Tech

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  • by Flyskippy1 ( 625890 ) on Thursday November 14, 2002 @03:12AM (#4666553) Homepage
    What's this? Another attempt to limit the power of our computers? When will they learn that our computers will do whatever we tell them to do.
  • Lucrative? (Score:4, Funny)

    by Quaoar ( 614366 ) on Thursday November 14, 2002 @03:32AM (#4666605)
    ...to prevent Microsoft, which has been embroiled in a legal battle with InterTrust, from grabbing control of the potentially lucrative business.

    The lucrative business of screwing over the customer? Sounds like Microsoft already has the bases covered.
  • by llamaluvr ( 575102 ) on Thursday November 14, 2002 @03:37AM (#4666618) Journal
    "We come very much from the side of the consumer and we believe the consumer should have the right to reproduce content for their own use," said Philips spokesman Jeremy Cohen.

    So you purchased a company that deals in copy protection?!?!
  • by DraconicFae ( 600508 ) on Thursday November 14, 2002 @04:35AM (#4666741)
    The acquisition by Philips Electronics and Sony of the leading U.S.-based holder of intellectual property in the field of 'digital rights management' technology is widely seen as a way to prevent Microsoft, which has been embroiled in a legal battle with InterTrust, from grabbing control of the potentially lucrative business.


    Microsoft responds by buying Philips and Sony for 453 billion, grabbing control of a different potentially lucrative business.

  • by Chris Johnson ( 580 ) on Thursday November 14, 2002 @06:26AM (#4666963) Homepage Journal
    There's no such scheme. The 'foo' Book standards were from back in the day when media formats were invented to be read, not invented not to be readable :D

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