Leading online anti-piracy company MUSO® has been awarded a £250,000 'SMART' award from the UK government-backed Technology Strategy Board (TSB) to help their development into new products designed to fight online piracy.
The London-based company say the funding will benefit a project currently in development designed to help companies convert audiences away from piracy sites and back to legal, high quality retail areas.
The prototype is now in the final stages of development, with a large-scale trial expected to commence in the UK later in 2014.
“Securing this development grant from the TSB is fantastic independent endorsement of the strength of our technology and future developments we are making in the anti-piracy solutions market,” said Christopher Elkins, MUSO’s co-founder, and film services head.
“The grant award gives our R&D team an extremely robust financial position from which to develop this ambitious and forward-thinking product, to the benefit of the UK tech sector, and rights holders looking for new ways to further drive the online growth of great content.”
The new product will undergo a 12-18 month market trial with a selected group of film and music companies that are already utilising MUSO’s range of content production products, starting early 2014.
To find out more about MUSO’s suite of piracy solutions, please visit Products.