CD copy-control firm Immediatek is set to acquire concert-recording company DiscLive. DiscLive will retain its staff, including CEO Rich Isaacson, and be run as a wholly-owned subsidiary of Immediatek
CD copy-control firm Immediatek is set to acquire concert-recording company DiscLive. DiscLive will retain its staff, including CEO Rich Isaacson, and be run as a wholly-owned subsidiary of Immediatek, which creates NetBurn Secure software.
Immediatek CEO Zach Bair says DiscLive is "the next phase in our plan to secure scalable technology. Artists and labels will now have the ability to have the [concert] CDs copy-controlled to help them preserve much-needed revenue."
Bair anticipates that DiscLive will bring in about $500,000 over the course of its spring 2004 tour business. The company recently inked a deal with reunited alternative icons Pixies to record and sell each show on the group's 15-date North American tour, which kicks off tomorrow (April 13) in Minneapolis.
Isaacson says that he has sold out the pre-order allotments -- 500 $22 sets per show -- for the first three concerts of the Pixies tour.
DiscLive is a competitor of Clear Channel Entertainment's Instant Live, which last week obtained a U.S. patent for its post-concert CD technology. Isaacson declined comment about whether there is enough of a difference between DiscLive and Instant Live to avoid infringing on the patent.
"Certainly it's an uphill battle," he says about the competition. "We are a small company [compared to Clear Channel] and they are not making it easy. It's always a challenge to go up against the monolith. But we think we are doing a very good job."