Company Website:
https://www.tivo.com/
SAN CARLOS, Calif. -- (Business Wire)
TiVo Corporation (NASDAQ: TIVO), a global leader in entertainment
technology and audience insights, today announced Roku, Inc., a leading
TV streaming platform, signed a multi-year intellectual property (IP)
license agreement.
The IP license covers the TiVo and Rovi Corporation patent portfolios as
well as the over-the-top (OTT) assets of the Intellectual
Ventures patent portfolio under the TiVo/IV licensing partnership.
Additionally, the agreement includes an option for Roku to access TiVo’s
high-quality entertainment metadata and other TiVo products to further
power intuitive search and navigation.
“This license agreement with Roku underscores the importance of TiVo’s
comprehensive patent portfolios for the fast-growing streaming
entertainment industry,” said Samir Armaly, executive vice president,
intellectual property and licensing, Rovi Corporation, a TiVo company.
“We look forward to supporting Roku with innovative entertainment
enhancements that will be enjoyed for years to come by its current and
future customers.”
TiVo’s investment in research and development has enabled it to generate
one of the world’s leading media and entertainment patent portfolios.
The company’s commitment to innovation enables the delivery of products
that touch practically every aspect of consumers’ day-to-day interaction
with their entertainment, and helps licensees build customized
next-generation digital entertainment solutions for users around the
globe.
About TiVo
TiVo Corporation (NASDAQ: TIVO) is a global leader in entertainment
technology and audience insights. From the interactive program guide to
the DVR, TiVo delivers innovative products and licensable technologies
that revolutionize how people find content across a changing media
landscape. TiVo enables the world’s leading media and entertainment
providers to deliver the ultimate entertainment experience. Explore the
next generation of entertainment at tivo.com,
forward.tivo.com
or follow us on Twitter @tivo
or @tivoforbusiness.
Forward-looking Statement
All statements contained herein that are not statements of historical
fact, including statements that use the words “will” or “is expected
to,” or similar words that describe TiVo Corporation’s or its
management’s future plans, objectives or goals, are “forward-looking
statements” and are made pursuant to the Safe-Harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause the actual results of TiVo Corporation to be
materially different from the historical results and/or from any future
results or outcomes expressed or implied by such forward-looking
statements. Such factors are further addressed in TiVo’s most recent
report on Form 10-Q and other documents of TiVo Corporation, Rovi
Corporation and TiVo Solutions Inc. (formerly known as TiVo Inc.) on
file with the Securities and Exchange Commission (available at www.sec.gov).
TiVo Corporation assumes no obligation to update any forward-looking
statements in order to reflect events or circumstances that may arise
after the date of this release, except as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170412005160/en/
Contacts:
Finn Partners
Ricca Silverio, +1-949-439-7869
tivo@finnpartners.com
Source: TiVo Corporation
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