Rovi Enters Into Entertainment Discovery Patent License Agreement With One of Korea’s Leading Mobile IPTV Service Providers...
July 15 2015 - 9:00PM
Business Wire
Rovi Corporation (NASDAQ: ROVI) today announced that Rovi has
entered into a new entertainment discovery patent portfolio license
agreement with SK Broadband, one of the main IPTV providers in
Korea delivering TV everywhere (TVE) and video on demand (VOD).
SK Broadband provides mobile TV service to the subscribers of SK
Telecom, the largest wireless telecommunications company in Korea.
The license provides SK Broadband with access to a range of Rovi’s
market-leading entertainment discovery and program guidance
intellectual property to help consumers navigate content across
multiple screens and devices.
“We are very pleased that our discovery patent portfolio is
quickly gaining momentum and becoming the preferred choice in
Korea’s mobile TV industry,” said Samir Armaly, executive vice
president, intellectual property and licensing, Rovi. “We are
confident that our innovative entertainment intellectual property
will also be a great asset for SK Broadband to improve Korea’s
consumer entertainment experiences.”
About Rovi Corporation
Rovi is leading the way to a more personalized entertainment
experience. The company’s pioneering guides, data and
recommendations continue to drive program search and navigation on
millions of devices across the globe. With a new generation of
cloud-based discovery capabilities and emerging solutions for
interactive advertising and audience analytics, Rovi is enabling
premier brands worldwide to increase their reach, drive consumer
satisfaction and create a better entertainment experience across
multiple screens. Rovi holds over 5,000 issued or pending patents
worldwide and is headquartered in Santa Clara, California. Discover
more about Rovi at Rovicorp.com.
Forward-Looking Statements
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 the Company’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 the Company 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 the Company’s most recent report
on Form 10-Q for the period ended March 31, 2015, and such other
documents as are filed with the Securities and Exchange Commission
from time to time (available at www.sec.gov). The Company 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150715005070/en/
Rovi CorporationStacey Hurwitz,
617-710-9171Stacey.Hurwitz@rovicorp.com
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