Rovi Corporation announced that it has signed a licensing agreement with Hulu, which resolves all outstanding litigation between the companies.
For more information visit: www.rovicorp.com
Unedited press release follows:
Rovi Announces License Agreement
Santa Clara, Calif. – 3/6/2013 – Rovi Corporation (NASDAQ: ROVI) has announced that it has entered into a license agreement with Hulu, which resolves all outstanding litigation. Specific terms of the agreement are not disclosed.
Business Outlook
With respect to its business outlook for 2013 and the first and second halves thereof, and its internal expectations for the quarter ending March 31, 2013, Rovi draws investors’ attention to its Current Report on Form 8-K filed with the Securities and Exchange Commission on March 4, 2013.
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.