SANTA CLARA, Calif., Aug. 1, 2013 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI), driving digital entertainment innovation, today announced that it has entered into a license agreement with AT&T for Rovi interactive program guide (IPG) intellectual property. The multi-year agreement provides AT&T with a license to the Rovi IPG patent portfolio for its U-verse "TV Everywhere" platforms deployed online and across mobile devices.
"Our agreement with AT&T illustrates the momentum of our IPG intellectual property with service providers across North America bringing new platforms and capabilities that extend the entertainment experience anytime, anywhere," said Samir Armaly, executive vice president, Intellectual Property and Licensing, Rovi. "As consumer consumption of entertainment content increases on connected mobile devices, demand for access to programming information from these devices will continue to grow in tandem."
AT&T U-verse is available in 24.9 million customer locations in 22 states in the U.S.About Rovi Corporation Rovi 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 over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found 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 June 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.
CONTACT: Chris Taylor Rovi Corporation +1 (408) 562-3077 Chris.D.Taylor@rovicorp.com
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts