Macrovision Agrees to Acquire Assets of Muze, Inc.

Wed Apr 15, 2009 4:09pm EDT

* Reuters is not responsible for the content in this press release.

SANTA CLARA, Calif. & NEW YORK--(Business Wire)--
Macrovision Solutions Corporation (NASDAQ:MVSN), a digital entertainment
technology leader and Muze, Inc., a leader in entertainment information products
and discovery services, today announced that they have signed a definitive
agreement to acquire substantially all of the assets of Muze, Inc. 

Consumers` options are increasing as entertainment becomes digital. They can now
enjoy their movies, music or other digital content in more ways, including
numerous options online and on portable devices. All of these choices lead to an
increased need for enhanced search and discovery capabilities to help consumers
find entertainment content that matches their personal preferences. This process
is powered by entertainment metadata. 

"Macrovision believes that professional entertainment metadata is required for
our customers to provide best in class consumer facing products," said Fred
Amoroso, President and CEO of Macrovision. "The addition of the Muze assets will
complement Macrovision`s data solutions. It represents continued execution on
our vision of delivering solutions that power a uniquely simple home
entertainment experience." 

Macrovision`s solutions are built to enable consumers to continuously explore
digital content by allowing them to easily navigate and find entertainment
information. This requires not only a rich library of entertainment metadata,
but the detailed links within the metadata to expose the relationships between
the content and artists, such as other albums or songs an artist may have
contributed to. To deliver this level of detail, digital entertainment providers
require a trusted data source. 

"Macrovision`s metadata is core to the entertainment experience of consumers
around the world," said John Moakley, EVP of Macrovision`s Data Solutions Group.
"We believe the addition of Muze product and technology, including more metadata
for European content, will result in a better solution for our customers by
enhancing our overall metadata portfolio." 

"Media information is more than an enhancement to a service, it's a necessity
without which consumers would not be able to find what they are looking for,"
says Janice P. Anderson, Chairman and CEO of Muze. "Macrovision is acquiring a
unified and consistent approach to managing entertainment metadata, enabling
consumers to more easily search and discover entertainment products." 

In connection with the acquisition, Macrovision will pay $16.5 million in cash
consideration. The transaction is expected to close by the end of April and is
subject to customary closing conditions. The Company expects the transaction to
add approximately $5 million to its 2009 revenue estimates and to be slightly
accretive to current 2009 Adjusted Pro Forma Earnings per Share estimates. As a
result, the Company expects that its 2009 revenue will now range between $440
and $480 million and that its 2009 Adjusted Pro Forma Earnings per Share will
continue to range between $1.15 and $1.45. As the full synergies of the
acquisition are expected to be realized in 2010, the Company expects the
transaction to contribute approximately $15 million and $0.10 to 2010 revenue
and Adjusted Pro Forma Earnings Per Share, respectively. 

About Macrovision Solutions Corporation

Macrovision Solutions Corporation is focused on providing a uniquely simple
digital home entertainment experience by delivering solutions to businesses to
protect, enhance and distribute digital goods to consumers across multiple
channels. Macrovision`s technologies are deployed by companies in the
entertainment, consumer electronics, cable and satellite, and online
distribution markets to solve industry-specific challenges and bring greater
value and a more robust user experience to their customers. The result of
deploying Macrovision`s solutions is a simple end user experience for
discovering, managing and enjoying digital content. Today, Macrovision provides
connected middleware, media recognition, interactive programming guides, copy
protection and rich media, data and metadata on music, games, movies and
television programming. The company also operates an entertainment portal which
can be found at http://www.allmusic.com. Macrovision holds over 4,000 issued or
pending patents and patent applications worldwide. 

Macrovision is headquartered in Santa Clara, California, with numerous offices
across the United States and around the world including Japan, Hong Kong,
Luxembourg, and the United Kingdom. More information about Macrovision can be
found at www.macrovision.com. 

About Muze, Inc.

Established in 1991, Muze provides solutions to businesses that enable search,
discovery, sharing, and purchasing of entertainment products. Muze media
information products and discovery services provide the foundation for making
all types of entertainment products available on-demand anywhere, anytime, and
are used by hundreds of companies worldwide to develop audiences and customers.
Muze clients range from in-store and online retailers, portals, community sites,
and auction sites, to consumer electronics manufacturers and mobile services
providers, all of whom rely on Muze`s rich entertainment content and digital
sample services to support both physical and digital retail commerce. Muze is
based in New York City with operations in North America and the United Kingdom. 

Forward Looking Statements

All statements contained herein that are not statements of historical fact,
including statements that use the words "will" or "is expected to," or similar
words that describe the Company`s or its management`s future plans, objectives,
or goals, including statements regarding expectations for future financial
results, are "forward-looking statements" and are made pursuant to the
Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve known and unknown risks, uncertainties
and other factors that could cause the actual results of the Company to be
materially different from the historical results and/or from any future results
or outcomes expressed or implied by such forward-looking statements. Such
factors are further addressed in the Company`s most recent annual report on Form
10-K for the period ended December 31, 2008 and such other documents as are
filed with the Securities and Exchange Commission from time to time (available
at www.sec.gov). The Company assumes no obligation to update any forward-looking
statements in order to reflect events or circumstances that may arise after the
date of this release, except as required by law. 





Macrovision
Press:
Linda Quach, 408-562-8504
Investor Relations:
James Budge, 408-969-5558
Lauren Landfield, 408-562-8475 



Copyright Business Wire 2009

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