After kicking out founders Randy Saaf and Octavio Herrera earlier this year, MediaDefender’s parent company ARTISTDirect acquired one of RIAA’s former partners, the anti-piracy tracking company MediaSentry. Now the spoofers and the spies have been combined and are trading under a new name – Peer Media.
Following the departure of founders Randy Saaf and Octavio Herrera, the future for MediaDefender looked even more uncertain than it did previously. However, those concerned that their favorite anti-piracy spoofing company might drift away, fear no more. MediaDefender’s parent company just acquired everyone’s favorite anti-piracy tracking company, MediaSentry.
After suffering humiliation at the hands of a hacker in 2007, the future of anti-piracy company MediaDefender is in serious doubt. The stock price of its parent company has plunged, and the two founders of MediaDefender have now left the sinking ship.
It has been a rough year for MediaDefender and their parent company ArtistDirect. This September nearly 700mb of MediaDefender’s emails leaked to the public. Initially it didn’t seem to affect the stock price much, but after the financial consequences became apparent, their net worth plunged.
