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Rovi Enters Agreement with Sainsbury’s to Power New Digital Video Service - UK retailer to use Rovi entertainment store technologies to fuel the growth of its online channel (NASDAQ: ROVI) - Rovicorp.com
Rovi Enters Agreement with Sainsbury’s to Power New Digital Video Service

 

PRZOOM - /newswire/ - Santa Clara, CA, United States, 2012/08/23 - UK retailer to use Rovi entertainment store technologies to fuel the growth of its online channel (NASDAQ: ROVI) - Rovicorp.com. NASDAQ: ROVI

   
 
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Rovi Corporation, driving digital entertainment innovation, today announced that Sainsbury’s, a leading supermarket chain in the United Kingdom, has licensed the Rovi Entertainment Store™ to power a new over-the-top video service. Expected to launch later this year, the movie storefront will reinforce Sainsbury’s online channel growth strategy and complement its rapidly expanding digital entertainment lineup which currently includes music and ebooks.

“Rovi was a natural choice to collaborate with for the launch of a Sainsbury’s digital video service given the company’s market expertise, long-standing industry relationships, and proven technology,” said Luke Jensen, Group Development Director, Sainsbury’s. “Moving into digital film is an exciting addition to our existing online offerings, and supports our customers as they progress from consuming content on physical disc to accessing their favourite entertainment on a range of devices, where and when they choose.”

Rovi Entertainment Store will enable Sainsbury’s to provide its customers convenient access to an extensive library of film and TV entertainment including new releases often on the same day they are available on DVD and Blu-ray Disc™. The service will initially be available online at Sainsbury’s Entertainment: (sainsburysentertainment.co.uk), and then expand to offer access through a range of connected devices including Smart TVs, Internet-connected Blu-ray Disc players, smartphones, and game consoles such as the PlayStation® 3, and Xbox 360™.

“Our agreement with Sainsbury’s is an important win for Rovi as we continue our efforts to expand our presence and influence in international markets,” said David Cook, Senior Vice President of Sales and Marketing and General Manager of Rovi Entertainment Store, Rovi. “Sainsbury’s is an ideal company to collaborate with as they have the marketing acumen, as well as the consumer reach and loyalty needed to be successful and help introduce new consumers to the convenience, quality, and flexibility of online video entertainment.”

Rovi Entertainment Store is enabling retailers, service providers, CE manufacturers, and content owners, to launch over-the-top storefronts that allow consumers to discover, purchase, manage, and enjoy a broad range of new movies and TV shows on multiple platforms and devices. Rovi Entertainment Store includes white-label storefronts and playback client SDKs, cloud services, an advanced adaptive streaming format - DivX Plus Streaming™ - as well as content licensing, management, and marketing services. The solution can be deployed as a complete end-to-end solution to support multiple aspects of storefront deployment and management, or as individual components that can be used to enhance an existing service.

About Sainsbury's
Sainsbury's was founded in 1869 and today operates over 1,000 stores, including 440 convenience stores and employs around 150,000 colleagues. The business puts customers at the heart of everything it does and has invested in its stores, personnel, and channels to deliver the best possible shopping experience.

About Rovi Corporation
Rovi (rovicorp.com) powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds approximately 5,200 issued or pending patents worldwide and is headquartered in Santa Clara, California.

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 June 30, 2012 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at 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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Rovi Enters Agreement with Sainsbury’s to Power New Digital Video Service

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Contact: Chris Taylor - Rovicorp.com 
408-562-3077 Chris.D.Taylor[.]rovicorp.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Rovi Corporation securities in any jurisdiction including any other companies listed or named in this release.

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