Nexicon(TM) Forms Partnership With PayArtists(TM) to Provide GetAmnesty(TM) Anti-Piracy Solution to the Music Industry
Nexicon(TM) Forms Partnership With PayArtists(TM) to Provide GetAmnesty(TM) Anti-Piracy Solution to the Music Industry
Partnership to market, sell and distribute Nexicon's GetAmnesty anti-piracy solution to the global music industry begins with the Frank Zappa music catalog
MALIBU, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Today, Nexicon (Pink Sheets: NXCO), an emerging provider of next generation digital media protection and digital media business intelligence solutions, is pleased to announce the formation of a partnership with PayArtists to provide anti-piracy services for the music catalog of the legendary musician Frank Zappa. PayArtists will leverage Nexicon's MARC(TM) technology platform and GetAmnesty product to help music artists, record labels and other copyright owners enforce their copyrights with music fans who have illegally downloaded protected music.
PayArtists was formed by a group of three individuals that include Tommy Funderburk, an internationally recognized songwriter and recording artist, a prominent music industry lawyer, and an accomplished merchant banker. As exclusive rights holders to Nexicon's applicable technologies to address anti-piracy worldwide in the music industry, PayArtists will monetize internet piracy of illegal music downloads, on behalf of copyright owners. Music fans who have illegally downloaded music from a PayArtists' client will receive an infringement notice via email directing them to a unique artist-branded PayArtists site. Users then have the option to settle with PayArtists, on behalf of the copyright owner, to avoid potential litigation. Unlike other solutions to online piracy, PayArtists provides the artists with revenue to compensate them for their losses and to support the creation of new music for their fans. Furthermore, PayArtists can provide touring artists with highly targeted information regarding where their fan base resides worldwide, for focused tour schedules. In the future, PayArtists will offer an alternative music download option for music fans.
Having written and performed on hits with artists as diverse as Boston, David Foster, Jimmy Page, Dwight Yoakam, REO Speedwagon, Whitesnake, Starship, Yes, Celine Dion, Motley Crue, and many others, Funderburk understands the copyright owner's dire need to protect their songs from Internet piracy and also the artist's desire to provide their fans with new options to enjoy music legally. "An entire Internet generation has grown up apparently believing that all recorded music should be free for the taking," said Funderburk. "How can artists continue to produce great music or new artists develop a career if what the artists have worked so hard to create is stolen? By partnering with and using Nexicon's technology, we believe PayArtists can offer an exciting new way for music fans to build direct relationships with artists and discover a fair way to buy and share music."
"This is a major step for GetAmnesty and PayArtists to help to address the significant Internet piracy problems plaguing the music industry," said Tommy Stiansen, Nexicon's CTO. "PayArtists has the industry experience to reach the key players in the music business. Nexicon has a highly advanced digital media protection solution. Together, we should have a significant positive impact on behalf of music industry artists and copyright holders."
About Nexicon
Nexicon, Inc. delivers next-generation digital media protection and digital media business intelligence products and solutions. For information about Nexicon, visit http://www.nexiconinc.com/. For information about GetAmnesty, visit http://www.getamnesty.com/. For more information about PayArtists, visit http://www.payartists.com/.
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
First Call Analyst:
FCMN Contact:
Source: Nexicon, Inc.
CONTACT: Samuel M. Glines, VP Strategy & Planning of Nexicon, Inc.,
+1-310-220-4288, Mobile, +1-314-374-6907, sg@nexiconinc.com
Web site: http://www.nexiconinc.com/
http://www.payartists.com/
http://www.getamnesty.com/
Profile: International Entertainment
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