Company Release - 7/15/2015 8:00 AM ET
SANTA CLARA, Calf.--(BUSINESS WIRE)--
Rovi Corporation (NASDAQ: ROVI) today announced that Rovi has entered
into a new entertainment discovery patent portfolio license agreement
with SK Broadband, one of the main IPTV providers in Korea delivering TV
everywhere (TVE) and video on demand (VOD).
SK Broadband provides mobile TV service to the subscribers of SK
Telecom, the largest wireless telecommunications company in Korea. The
license provides SK Broadband with access to a range of Rovi’s
market-leading entertainment discovery and program guidance intellectual
property to help consumers navigate content across multiple screens and
devices.
“We are very pleased that our discovery patent portfolio is quickly
gaining momentum and becoming the preferred choice in Korea’s mobile TV
industry,” said Samir Armaly, executive vice president, intellectual
property and licensing, Rovi. “We are confident that our innovative
entertainment intellectual property will also be a great asset for SK
Broadband to improve Korea’s consumer entertainment experiences.”
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 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-Q for the period ended March 31, 2015, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150715005188/en/
Rovi Corporation
Stacey Hurwitz, 617-710-9171
[email protected]
Source: Rovi Corporation