TiVo Signs Long-Term Intellectual Property License With Starz Entertainment, LLC
April 03 2018 - 8:00AM
Business Wire
TiVo Corporation (NASDAQ: TIVO), a global leader in
entertainment technology and audience insights, today announced
that Starz Entertainment, LLC, a media distribution company that
owns several TV networks in the U.S., signed a long-term
intellectual property (IP) license. Starz is acquiring a license to
the TiVo patent portfolios and the over-the-top (OTT) assets of the
Intellectual Ventures patent portfolio under the TiVo/IV licensing
partnership.
“This licensing agreement with Starz emphasizes the importance
of TiVo’s patent portfolios, especially for companies who are
working to keep up with rapid developments and changes in the OTT
space,” said Arvin Patel, executive vice president and chief
intellectual property officer, Rovi Corporation, a TiVo company.
“By leveraging TiVo innovations, TV networks and other OTT
companies can quickly strengthen or upgrade the entertainment
experiences they provide and in turn, spend more time and energy
focused on other business priorities.”
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 businesses 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 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20180403005345/en/
TiVoLerin O’Neill, +1 408-562-8455Lerin.Oneill@tivo.com
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