Corel announced today that the KDDI Corporation has selected
their DVD burning technology for use with its new direct-to-disc movie distribution service. According to Corel's press release, this
new service will allow consumers to download and burn a movie to DVD in as little as 11 minutes.
Corel Corporation
(NASDAQ:CREL) (TSX:CRE), announced today that it has entered into a licensing agreement with KDDI Corporation, the largest international
information carrier in Japan. Under the agreement, KDDI will use Corel’s DVD burning technology with its high-speed broadband network to
provide a new service that enables consumers to download a full two-hour movie from the Internet and burn it directly to a DVD disc in as
few as 11 minutes. Launched on September 27, the KDDI DVD Burning service will only be available in Japan.
KDDI’s advanced
direct-to-disc movie distribution service is the first of its kind to be delivered anywhere in the world and the first business model to
provide CPRM security for network downloading. By incorporating Corel’s DVD burning technology with KDDI’s unique movie download
service, consumers can enjoy the movies they want, whenever they want without having to visit a video rental outlet or purchase online
and wait for delivery. There are no subscription or monthly fees, no buy/wait/return problems; only a single, low-cost transaction for
each movie selected from KDDI’s robust library of titles.
If you'd like to read more, Corel's entire press release
can be found here.
