Worlds best known copy protection developer Macrovision reports a drop of the 4th quarter net profit. While the company had still a good year, the 4th quarter stayed a little behind:
Sunnyvale, California-based Macrovision, whose software is used to protect movies and CDs among other products, reported a net profit of $4.1 million, or 8 cents per share, compared with a net profit of $6 million, or 12 cents per share, in the year-earlier period. |
On a pro forma basis, excluding special items related to goodwill, restructuring and investment losses, the company reported a profit of $12.1 million, or 23 cents per share. The average estimate of nine brokers surveyed by Thomson Financial/First Call was for pro forma earnings of 20 cents per share.
Revenue in the quarter was $27.0 million, up from $24.8 million in the same period a year earlier. In mid-December the company said its fourth-quarter revenue might be better than expected because of strong sales of copy-protection software for DVD movies.
We can't deny that the protections developed by Macrovision are pretty hard to backup, the current developments with their SafeDisc protection proof this again.
The companies profit drop is probably due economic reasons and not because too many people have bypasses their protection. Besides delivering copy protections to CD's, they also have copyprotections for DVD's and VHS tapes.
Source: Yahoo.com
