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Rovi and Cablevision Sign Intellectual Property License Agreement - Cablevision, one of nation’s leading media and entertainment companies, to license Rovi IPG patent portfolio for set top box, online and mobile platforms (NASDAQ: ROVI)
Rovi and Cablevision Sign Intellectual Property License Agreement

 

PRZOOM - /newswire/ - Santa Clara, CA, United States, 2011/02/15 - Cablevision, one of nation’s leading media and entertainment companies, to license Rovi IPG patent portfolio for set top box, online and mobile platforms (NASDAQ: ROVI). NASDAQ: ROVI

   
 
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Rovi Corporation and Cablevision today announced that they have entered into a multi-year agreement whereby Cablevision will license Rovi interactive program guide (IPG) intellectual property. The agreement provides Cablevision with a license to the Rovi IPG patent portfolio for next-generation set-top box, online and mobile platforms.
“Increasingly, MSOs are offering their subscribers access to entertainment content that extends beyond the set-top box, across multiple devices,” said Samir Armaly, senior vice president of worldwide licensing, Rovi. “The addition of Cablevision to our licensing program shows the value that today’s MSOs see in providing their subscribers with content navigation via next-generation online and mobile platforms.”

“Cablevision is dedicated to providing our customers with value-added and differentiated products and services,” said John Trierweiler, Cablevision’s executive vice president of product management. “We are pleased to have reached this agreement with Rovi, as we continue to provide customers with sophisticated technologies to easily find and navigate programming content.”

About Cablevision
Cablevision Systems Corporation (cablevision.com) is one of the nation's leading telecommunications, media and entertainment companies. In addition to delivering its Optimum-branded cable, Internet, and voice offerings throughout the New York area, the company owns and operates cable systems serving homes in four Western states. Cablevision’s local media properties include News 12 Networks, MSG Varsity and Newsday Media Group. Cablevision's assets also include Rainbow Media Holdings LLC and its programming and entertainment businesses, AMC, IFC, Sundance Channel, WE tv and IFC Entertainment, as well as Clearview Cinemas.

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 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, 2010 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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Agency / Source: Rovi Corporation

 
 

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Rovi and Cablevision Sign Intellectual Property License Agreement

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Contact: Linda Quach - Rovicorp.com 
408-562-8504 linda.quach[.]rovicorp.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
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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