Company Website:
http://www.tivo.com
SAN JOSE, Calif. -- (Business Wire)
TiVo
Corporation (NASDAQ: TIVO), a global leader in entertainment
technology and audience insights, today announced it has expanded its
existing intellectual property (IP) license agreement with TCL®,
the fastest-growing TV brand in the U.S. and the third largest TV
manufacturer in the world, into North America.
The latest IP licensing deal, which extends into the next decade,
provides coverage for TCL North America’s innovative television
offerings including its award-winning line of TCL Roku TVs. TCL North
America also obtained the capability to incorporate TiVo’s advanced
entertainment discovery innovations into its televisions for the United
States, Canada and Mexico markets. Since September 2016, TCL has been an
IP licensee of Rovi Corporation, a TiVo company, for similar offerings
across Europe.
“Today’s consumer has an appetite for an immersive and engaging viewing
experience, one that combines the latest technologies, intuitive
interfaces and exceptional picture quality,” said Chris Larson, senior
vice president, TCL. “Our partnership with TiVo offers broad IP coverage
and allows us to continue to push the envelope when it comes to driving
innovation within the smart television space.”
“This announcement marks a major milestone as TCL, a leading consumer
electronics company headquartered in China, continues to strengthen its
presence here in North America,” said Samir Armaly, executive vice
president, Intellectual Property and Licensing, Rovi Corporation, a TiVo
company. “This expansion further demonstrates the applicability of
TiVo’s pioneering IP portfolios to the consumer electronics market.”
TiVo has spent decades investing in research and development to create
market-leading technologies for the media and entertainment industry.
TiVo’s innovative solutions touch practically every aspect of consumers’
day-to-day interaction with their entertainment, enabling customers to
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.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements. Readers are
cautioned that such forward-looking statements involve risks and
uncertainties that could cause actual events or our actual results to
differ materially from those expressed in any such forward-looking
statements. Readers are directed to TiVo’s periodic and other reports
filed with the Securities and Exchange Commission (SEC) for a
description of such risks and uncertainties. TiVo undertakes no
obligation to update any forward-looking statements.
TiVo and the TiVo logo are registered trademarks of TiVo Corporation
and its subsidiaries worldwide.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170727005223/en/
Contacts:
TiVo
Jennifer Miu, +1-408-764-5411
Jennifer.Miu@tivo.com
Source: TiVo Corporation
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