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Unedited press release follows:
Rovi Renews Agreement With Panasonic for Multi-Year Global License
LOS ANGELES — Rovi Corporation (NASDAQ: ROVI), a global leader in entertainment discovery, today announced that Rovi has renewed its license agreement with Panasonic Corporation. The multi-year, worldwide agreement that includes Latin America and China coverage continues to provide Panasonic with a license to Rovi’s interactive program guide (IPG) patent portfolio and related solutions for their products including TV and recorders.
“Our long-term relationship with Panasonic is a further testament to Rovi’s leadership in powering personalized entertainment discovery solutions that enable consumers around the world to find their favorite content,” said Matt Milne, EVP, worldwide sales and marketing, Rovi. “With entertainment content on the rise, Rovi remains dedicated to working with our customers on delivering services that create unique and personalized viewing experiences for consumers.”
Under this agreement, Panasonic will have access to a range of Rovi’s market-leading discovery technologies and solutions including intuitive search and targeted recommendations services, and Rovi Data — rich information, images, and editorial content on TV shows, movies, celebrities, and more covering multiple countries and languages. In addition, the agreement includes rights to use the HTML5-based G-Guide and Rovi’s HTML Guide.
About Rovi Corporation
Rovi is leading the way to a more personalized entertainment experience. The company’s pioneering guides, data, and recommendations continue to drive program search and navigation on millions of devices on a global basis. With a new generation of cloud-based discovery capabilities and emerging solutions for interactive advertising and audience analytics, Rovi is enabling premier brands worldwide to increase their reach, drive consumer satisfaction and create a better entertainment experience across multiple screens. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. Discover more about Rovi at rovicorp.com.