Rovi And Cablevision Sign Intellectual Property License Agreement

SANTA CLARA, Calif., Feb. 15, 2011 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) 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 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. Additional information about Cablevision is available on the Web at www.cablevision.com .

About Rovi Corporation

Rovi Corporation 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.