TiVo Renews Multi-year Patent License and Signs Global Metadata Deal with Minerva Networks
January 09 2019 - 8:00AM
Business Wire
CES 2019-- TiVo Corporation (NASDAQ: TIVO), a global leader in
entertainment technology and audience insights, today announced
that Minerva Networks, an IPTV industry pioneer and the leading
supplier of service management infrastructure for the delivery of
pay-TV services, has signed a multi-year intellectual property (IP)
license renewal and new global metadata deal to use TiVo as the
primary metadata provider for their new cloud service delivery
platform, Minerva YourTV Now.
“TiVo’s IP continues to provide companies around the world with
access to transformative entertainment technologies, and our
license renewal with Minerva Networks underscores the leadership
position of TiVo’s portfolio in the marketplace,” said Arvin Patel,
executive vice president and chief IP officer, Rovi Corporation, a
TiVo company. “Thanks to our extensive IP portfolio, Minerva
Networks can deliver compelling experiences to customers in the
United States, Latin America, and around the world.”
In addition to the IP license agreement, the new global metadata
deal enables Minerva to unify its metadata across the Minerva 10
platform and gain the benefits of using TiVo as their primary
provider, rather than relying on multiple vendors. TiVo’s metadata
platform offers scale, dynamism and great core data so Minerva can
deliver best-in-class experiences to its customers. Powered by
unique and innovative technology, TiVo’s metadata platform can
quickly surface trending content to market the right content at the
right time, improve search and recommendations, and support
voice-powered results.
“We are excited to expand our partnership with Minerva Networks
and are honored by the trust they have placed in us,” said Sarah
Gaeta, senior vice president and general manager, Metadata,
TiVo. “We look forward to supporting Minerva with innovative
entertainment enhancements that will be enjoyed for years to come
by its current and future customers.”
The TiVo companies have spent decades investing in research and
development to generate some of the most valuable intellectual
property in the media and entertainment industry. This commitment
to innovation provides TiVo the freedom of action to deliver
solutions that touch practically every aspect of consumers’
day-to-day interaction with their entertainment, and empowers IP
licensees to build customized next-generation digital entertainment
solutions for consumers across the globe.
About Minerva Networks
Minerva is a leading provider of service management solutions
for the delivery of advanced pay television services. Over 300
operators worldwide have deployed Minerva’s software platform to
offer next-generation entertainment services to their subscribers.
For more information, please visit www.minervanetworks.com.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190109005170/en/
Lerin O’NeillTiVo+1 (408) 562-8455Lerin.ONeill@tivo.com
TiVo (NASDAQ:TIVO)
Historical Stock Chart
From Jul 2024 to Aug 2024
TiVo (NASDAQ:TIVO)
Historical Stock Chart
From Aug 2023 to Aug 2024