New Technology Brings Best-in-Class Search and Recommendations for
European Consumers
SANTA CLARA, Calif. & LONDON--(BUSINESS WIRE)--
Rovi Corporation (NASDAQ: ROVI) today announced that Grundig, a
worldwide leading supplier of entertainment electronics, has renewed its
licensing and product agreement with Rovi. As part of the agreement
Grundig will use the latest release of Rovi Guide CE to power enhanced
search and recommendations in their LED TVs manufactured in 2015 and
distributed across Europe. This arrangement marks the first license of
the Rovi Guide CE with the integration of Rovi Search and
Recommendations Services.
Rovi Guide CE, called “Web EPG” and accessible via the icon “TV-Guide”
on the main user menu or via the “Guide” button on Grundig TV remote
controls, is designed to increase entertainment consumption and consumer
satisfaction. Through the combination of Rovi Video entertainment
metadata and Rovi Search and Recommendations Services, this advanced
discovery solution will enable consumers to find the content that
interests them across a range of sources, including broadcast
programming, premium over-the-top (OTT) entertainment and catch-up TV.
“We strive to deliver TVs that provide simple, immersive discovery
interfaces for our consumers,” said Yasin Gündüz, head of global TV
product management Grundig at ARCELIK AS. “Our continued collaboration
with Rovi enables us to deliver the best possible experience for our
consumers, and we are excited to now license Rovi Guide CE with enhanced
Search and Recommendations Services to further improve content discovery
for our customers across all of our brands.”
“Consumers today are presented with limitless content choices as the
number of channels and services soar,” said Omar Javaid, senior vice
president and general manager, discovery and platforms, Rovi. “By
integrating the Rovi Guide CE with Rovi Search and Recommendations
Services, Grundig is improving the customer experience by providing
consumers with among the most advanced entertainment experiences
possible, with highly accurate recommendations that give quick access to
desired content. As competition for consumer interest increases,
entertainment discovery is fast becoming a new and crucial area of
differentiation across the TV industry.”
The latest updates to Rovi Guide CE provide a new personalized home
screen and harness the Rovi Knowledge Graph Engine – a semantic database
of named entities – where the relationships between these entities are
dynamically mapped for predictive and intelligent results for search and
discovery. Rovi Guide CE offers consumers a truly intelligent experience
that provides consumers with access to their favorite entertainment
content across linear and OTT TV.
About Grundig Intermedia
Grundig Intermedia GmbH is one of the world’s leading suppliers of
entertainment electronics and household appliances. Since 2007, Grundig
Intermedia GmbH has been part of Arcelik A.S., one of the leading
companies within the listed Koç-Group, a conglomerate active throughout
the world. At its Headquarters in Nuremberg, Germany Grundig Intermedia
employs about 140 people working in Marketing, Sales, Product and
Quality Management, Design and Service. Worldwide, the Grundig brand
employs an additional 1,600 people in production, R+D and Sales. The
company has its roots in the traditional German company Grundig AG,
which in its time was famous around the world for radios and
televisions. Grundig Intermedia assumed responsibility for the core
activity of entertainment technology and then expanded this with small
and large household appliances. Today the company is organised into
three product groups – Consumer Electronics, small domestic appliances
and large household appliances. Its portfolio includes products ranging
from MP3 players, to 65-inch UHD televisions, to hair styling devices,
vacuum cleaners and kitchen machines as well as ovens, dishwashers and
washing machines. Grundig has been the first, official technology
partner of the German Bundesliga since 2011. For more information,
please visit www.grundig.de.
About Rovi Corporation
Rovi is leading the way to a more personalized entertainment experience.
The company’s pioneering guides, metadata and recommendations continue
to drive program search and navigation on millions of devices across the
globe. 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. Rovi holds over 5,000 issued or pending patents
worldwide and is headquartered in Santa Clara, California. Discover more
about Rovi 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-K for the period ended December 31, 2014, 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.
Rovi Corporation
Stacey Hurwitz, 617-710-9171
[email protected]
Source: Rovi Corporation