CD-copying control firm Immediatek is acquiring DiscLive, a competitor to Clear Channel Entertainment's Instant Live, ELW has learned.
LOS ANGELES--CD-copying control firm Immediatek is acquiring DiscLive, a competitor to Clear Channel Entertainment's Instant Live, ELW has learned.
DiscLive CEO, former Loud Records president Rich Isaacson, will remain, and Disc Live will be run as a wholly-owned unit of Immediatek.
Zach Blair, Immediatek's CEO, which creates NetBurn Secure software, 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."
Blair expects DiscLive to bring in about $500,000 over the course of its spring 2004 tour business.
Winning over the Pixies by selling CDs for its entire 15-show series--one of the more anticipated tours of the season--Isaacson says, "the momentum has been amazing. The interest (for DiscLive) has been heightened."
EMI also partnered with DiscLive in rolling out show CDs for Christian act the Newsboys' March tour.
"Certainly it's an uphill battle. 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," says Isaacson.
CCE's patented Instant Live service is likely to have a busy year as well. The U.S. Patent No. 6,614729--the first one given to an operation devoted to producing on-site concert CDs--"speaks to the legitimacy of the innovation," says Simon. "We can deliver great recordings and make lots of money for artists."
Steve Simon, Instant Live's director and executive VP of CCE's music division, says he is offering "lucrative" incentives to major league acts in order to entice them to use Instant Live while on tour.
Two "significant amphitheater acts" are nearing deals to distribute Instant Live discs at their 2004 summer shows, he notes. At least three other top-tier acts are also currently in negotiations with CCE.
CCE is also in talks to bring Instant Live to Europe. Currently, CCE's U.K. office is testing the recording equipment.
Instant Live is also likely to soon offer downloads of its concert recordings within minutes of shows ending. Details are expected to be unveiled within the next few weeks.