|By Business Wire||
|January 20, 2014 08:30 AM EST||
Rovi Corporation (NASDAQ:ROVI), a global leader in entertainment discovery, today announced that it has renewed the license agreement with Sony Corporation for interactive program guide patents and technologies. The agreement continues to provide Sony with a license to Rovi’s guide patent portfolio for its consumer electronics devices worldwide and the ability to use related Rovi guide and metadata technologies.
“Our continued collaboration with Sony, a leading manufacturer of connected consumer electronics products worldwide, is testament to the value of our discovery technology and patent portfolio on multiple platforms,” said Matt Milne, executive vice president, worldwide sales and marketing at Rovi. “As consumer demand for access to content continues to grow across devices, we remain committed to working with our customers to make it easy and convenient for consumers to find their favorite entertainment across multiple screens.”
In addition to a relationship involving discovery technology and patents, Rovi will collaborate with Sony on advanced TV advertising. Sony uses Rovi Advertising Service, part of Rovi Cloud Services, on its connected TVs and Blu-ray players in North America and Europe.
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 on a global basis. 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. The company 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 September 30, 2013 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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