There is a missing link, we believe, in the press reports surrounding Best Buy’s decision to acquire Napster.
No one yet has linked the new Digital Entertainment Content Ecosystem (DECE is a consortium of Hollywood studios, retailers and tech companies) to the deal.
Warner Bros. Entertainment, Fox Entertainment Group, NBC Universal, Sony, Paramount Pictures and Comcast Corp. with with tech giants Microsoft, Hewlett-Packard, Cisco, Philips, Toshiba and Verisign have all invested in the undertaking.
Oh, yes...so did Best Buy.
DECE wants a new standard for the transfer and storage of copyrighted digital content that will knock out Apple.
The new DRM aims to let videos purchased at any outlet be played on any device worldwide, under a unified brand and logo. DECE will allow an unlimited number of copies of a video to be created or burned onto a disc.
Nobody knows much about the new DECE yet. You’ll see all this unveil at the 2009 Consumer Electronics Show in January.
Best Buy foresees Napster acting as their own platform for accelerating their growth in the emerging industry of digital entertainment, beyond music subscriptions. They will leverage existing relationships with the labels, the studios, and the hardware providers.
DECE will (in theory) level the playfield and Napster will allow Best Buy to earn its position in digital music space as it did in selling CDs (a major position in USA.)