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IMO, one hell on a Christmas for all SCMI holders!
"Wurld Media has concluded agreements with Sony BMG, Universal Music Group and Warner Music Group to facilitate the licensing of music exchanged on its peer-to-peer music network."
If they are involved with this news should be around the corner.
I can see Sunncomm being a part of this!!!
Music giants feed the Wurld
By electricnews.net
Published Thursday 25th November 2004 22:17 GMT
A new agreement between a peer-to-peer network and the major music labels has created the first peer-to-peer file sharing network for licensed digital music.
Wurld Media has concluded agreements with Sony BMG, Universal Music Group and Warner Music Group to facilitate the licensing of music exchanged on its peer-to-peer music network. The three music giants have agreed to license their music catalogue to the Peerimpact.com portal, which is Wurld Media's new peer-to-peer file-sharing network.
The service is to be launched in the first quarter of 2005 and will distribute only licensed and public domain content.
"Our objective has been to reach out to the consumer and help build a secure and legal file-sharing community, which also ensures that digital-rights owners get compensated," said Greg Kerber, chairman and CEO of Wurld Media.
Until now consumers could either subscribe to a music download service, such as Apple Computer's iTunes, or could download unlicensed music through peer-to-peer file swapping networks.
"Peer Impact actually revolutionises P2P in two ways: By minimising distribution costs and by allowing legal file sharing within a closed network," Kerber said.
In early October the International Federation of the Phonographic Industry (IFPI) filed 459 new lawsuits against the users of music file-sharing networks across Europe, hoping to stem the shift from licensed to pirated music.
The IFPI represents some of the largest music companies in the world, including EMI, Warner Music and Universal Music. The trade group said that suits had been filed in the UK, France and Austria, countries in which it had not previously attempted to prosecute file-swappers. It has also filed a new round of law suits in Germany, Italy and Denmark, bringing the total number of suits underway in Europe to 650. The music industry has announced lawsuits against 5,700 individuals in the US since this time last year.
The cases are a combination of criminal and civil suits and are aimed at "uploaders," the people who offer music, rather than the downloaders who copy the files off their networks. The campaign singles out users of Kazaa, eDonkey, and Gnutella
Thanks bobmn for the update! Great DD everyone have a great Turkey Day! Even you stehvestor.
Ping Pong!
Crazy action on this thing today huh!
Wall Street News Alert: Wednesday Morning Market Alert! November 24, 2004
Weston, FLA., Nov 24, 2004 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert` s "stocks to watch" this morning are: SunnComm`s MediaMax (OTC: SCMI), Computer Network Technology (NASDAQ: CMNT), Loudeye Corp (NASDAQ: LOUD) and GoAmerica, Inc. (NASDAQ: GOAM).
Aggressive investors and traders may want to watch SunnComm`s MediaMax (OTC: SCMI) this morning! Yesterday after the markets closed, the company issued a press release announcing that it has signed an agreement with ViaStar Music Group for use of its MediaMax suite of technologies!
This could be more good news for investors! The ViaStar Music Group consists of several record labels that include, but not limited to, ViaStar Records, Quadra Records and Light of The Spirit Records. ViaStar Records, the music group`s flagship label, boasts a bevy of artists including music icon Peter Cetera, guitarist Robbie Nevil, Canadian rock group Hadley and international star Peter Murphy, former lead singer of the trend setting UK group, Bauhaus.
Investors will want to continue to watch this one! "MediaMax`s proven success in the U.S. marketplace with both major and independent labels, is what prompted us to take a closer look at the product," said Richard Spector of Viastar. "We feel confident that the enhancement features offered by MediaMax will meet the varying needs of our labels and artists along with providing extra value to the consumer. In addition, SunnComm offers us the ability to develop, design and produce MediaMax enhanced CDs in real-time from our offices through the use of their proprietary web-based second-session builder tool. In our opinion, SunnComm offers us a one-stop all encompassing solution and this is invaluable."
"From the beginning, SunnComm set out to develop a product that meets the multiple requirements of both the music industry and consumer markets," said Peter Jacobs, CEO & president of SunnComm. "We are thrilled to see that MediaMax is becoming the one solution that record labels and artists across the board are embracing. Our MediaMax suite of products provides superior music management and enhancement features that can be configured to meet the artist`s or label`s specifications on a per project basis."
The stock closed yesterday at just under Nine cents a share.
In case you are not familiar with the companies: SunnComm International Inc. (OTC: SCMI) copy management and protection technology was first commercially released by Nashville's Music City records in 2001. The album, "Charley Pride - A Tribute to Jim Reeves," became the first commercial dual-session, copy-managed CD in America. SunnComm also became the first company to commercially release a content-protected audio CD utilizing an early version of the Windows Media Data Session Toolkit.
In just four years, SunnComm has become the leader in digital content enhancement and security technology for audio compact disc media with its MediaMax suite of products. MediaMax has been successfully implemented on some of today's best selling music including Velvet Revolver, which reached the #1 spot on Billboard's Top 200 Album Chart in addition to other gold and platinum best-selling releases. MediaMax has been used by 25 record labels on more than 60 commercial releases generating over 6,000,000 copy managed CDs.
ViaStar Media Corporation is engaged in development, production and distribution of entertainment related media for film, television, music and publishing interests. The Company's portfolio currently includes ownership of ViaStar Distribution Group, A.V.O. Studios, Moving Pictures International, ViaStar Records, Quadra Records, Light of the Spirit Records, and ViaStar Classical, ViaStar Artist Management group and Masterdisk Corporation.
It tells me they're not quite ready to put us on the first runs. They will though. O yes they will!
These are just my obervations based on previous PR's. Like Cetera's release followed by Viastar comittment. I don't have a source so I don't know if BMG/EMI/UNI ect. ect. have decided to go full throttle. I do know they haven't announced it.
The last test they'll annouce an actual release, like Velvet Revolver or Cetera's. Then based on that feedback they'll decide full rollout or not!
Keeping a low profile in order to observe the truth of what they are willing to spend quite a bit of money on.
They could be in testing phase.
STEHSUCKER, Can you hint to what "surprise 3rd development right out of left field" might be?
Personally I'm shocked that labels are signing up so quickly, I figured testing would go on through the holidays! MM5 must really have some great qualities!!!
howdy, What's to say they won't make money off their replication side?
Revenue from replication was $2,467,359 comprising 82% of the Company's revenue whereas $504,613 comprising 17% of total revenue was from the distribution of music CDs.
Just a thought!
OK, so it's not the best, it actually stinks, but I'm very optomistic about further annoucements of other higher revenue producing PR's coming soon! So, add thirty bucks to the revenue stream lol. MM5 just came out and they're getting on board one by one!
Who's next!!! Bring it ON!!!!
Very happy about the news! Not a biggie, but I'll take it!!!
Shootin em down one by one!
I'm bettin on the big one tomorrow after hour w/bobmn!
What kind of fish though. like Brown Trout!lol
I love you like a friend! That's what I meant to say!
I mean LIKE!
I love you Bobmn!
SCMI #21 on the Pink sheets most requested. Hmmmmm Climbing!
Teenagers on shrooms w/weed money! LOL. They would have to be on drugs to post as much as they do. Only way to cope!
I know a guy who owns a christmas tree farm and a pumkin patch. Does very very well! Works a couple months a year!
ROTFLMAO!!!!!
Thanks "T" U da man! Beer me!
jkidd, You need to be mentored in the fine art of bashing. I suggest going to the RB board and take some notes from the pros. That was pathetic!
Mondo, better freshen up that resume. The boiler rooms about to get raided!!!!!
"These incremental financial resources come at a time when the newest edition of MediaMax - version 5 - is being rolled out worldwide," commented SunnComm's CEO and president, Peter Jacobs. "The lightning-quick positive industry reaction to our latest copy management and enhancement technology is exciting and gratifying. The QuietTiger funding assures SunnComm that its MediaMax technology will find its way to record companies and replicators throughout the world."
stehvestor, I agree, nothing is going straight up without news. A little profit taking from those who got in around .06 is to be expected. I think it's very positive that we ended the day green with no news and decent vol.
Someones loading up! IMO .095 is the next break. We'll need to hear something before it goes through. Or someone with deep pockets who hears before us will buy this right through. I'm in for the long haul so these dips don't bother me as much as some.
Gmornin! .094!!!!! Hold On!!!
stehvestor, could you give an example of what could happen to our shares of scmi if they merged? Thx
STEHSUCKER, What's this left field play? Can you explain it.
Lol, Diversified? Nope!
SCMI Breaking out of a nice convergence. Weekly MACD lines on lift off! Great News and TA!!!
A gift!