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Altair and WEYV Unveil Vision for the Future of the Digital EconomyTROY, Mich., June 04, 2018 (GLOBE NEWSWIRE) -- At an event in Times Square on June 1 following WEYV ringing the opening bell on Nasdaq, Altair (Nasdaq:ALTR) and WEYV® (an Altair company), announced the following vision for WEYV, a platform for streaming digital music, magazines, podcasts, books and videos and more: To transform the digital economy to a new and more equitable model for artists, creators and consumers. “Today, under the guise of ‘free,’ consumers are accessing content in exchange for their personal data. We’ve seen the backlash this increasingly invasive model has caused,” said James R. Scapa, chairman and CEO of Altair. “Altair and WEYV are building a more sustainable model we believe will transform how society exchanges content.” This model for accessing content is the patented digital content licensing platform on which WEYV is built. Altair also uses a similar model to license enterprise software to corporate customers. It is intended to benefit consumers in the following ways:
“We believe all content has value,” said Stephanie Scapa, CEO of WEYV, an Altair company. “The individuals and groups that create intellectual property – whether it be music, magazines, blogs, apps, podcasts or newspapers – should be fairly compensated.” WEYV was created with the intention to benefit content creators through:
Details surrounding the WEYV vision as well as insight into a few upcoming features in WEYV can be found here in the presentation that was shared with partners at the June 1 event. WEYV is available as an ad-free, subscription-based app that allows users to listen to music, read magazines and (soon) watch visual content. WEYV is available on iOS and Android devices and via a web player for U.S.-based users. More content will be added to WEYV on a rolling basis. WEYV is available for a 14-day free trial and can be accessed via the App Store, Google Play and the WEYV website. About WEYV About Altair (Nasdaq:ALTR) Photos accompanying this announcement are available at //www.globenewswire.com/NewsRoom/AttachmentNg/3dab456b-3fd3-4016-ba84-d1ac47701c28 //www.globenewswire.com/NewsRoom/AttachmentNg/5c121a89-714f-4c7d-ab44-51877e07b592 //www.globenewswire.com/NewsRoom/AttachmentNg/4a8e5a92-20a1-4a69-b30d-c00e8addf2e0 Media Contact |