Rovi Corporation (NASDAQ: ROVI) and Cox Communications today announced that they have entered into a multi-year agreement whereby Cox will license Rovi interactive program guide (IPG) intellectual property. The agreement provides Cox with a license to the Rovi IPG patent portfolio for Cox’s broadband and mobile platforms, expanding the existing relationship between the two companies that has been primarily focused on their set-top box platform.
“As consumers look to access entertainment content across various devices and platforms, cable MSO service providers are delivering content through broadband and mobile expanding beyond the cable set top box platform,” said Samir Armaly, senior vice president of licensing, worldwide, Rovi. “Our agreement highlights the value of our IPG patent portfolio to service providers like Cox in bringing subscribers access to entertainment programming information across multiple platforms.”
“Cox Communications is dedicated to providing our customers with choice, convenience and advanced features as part of their TV experience; this includes helping our subscribers find and navigate programming content on televisions and other devices,” said Steve Necessary, vice president, Video Product Development and Support, Cox Communications. “Our announcement with Rovi confirms this commitment.”
About Rovi Corporation
Rovi Corporation (rovicorp.com) is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively connect to new entertainment from many sources and locations. The company also provides extensive entertainment discovery solutions for television, movies, music and photos to its customers in the consumer electronics, cable and satellite, entertainment and online distribution markets. These solutions, complemented by industry leading entertainment data, create the connections between people and technology, and enable them to discover and manage entertainment in an enjoyable form.
Rovi holds over 4,700 issued or pending patents and patent applications worldwide and is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, Hong Kong, Luxembourg, and the United Kingdom.
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 annual report on Form 10-K for the period ended December 31, 2009 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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