Rovi Corporation announced that it has renewed a multi-year patent license agreement with Samsung.
For more information visit: www.rovicorp.com
Unedited press release follows:
Rovi Renews and Expands Patent License Agreement with Samsung
Multi-Year Renewal for Samsung TV Products Expands Global Coverage
July 9, 2014 — Rovi Corporation (NASDAQ: ROVI), a global leader in entertainment discovery, today announced that it has renewed a multi-year patent license agreement with Samsung for the use of Rovi video discovery patents and technologies across Samsung’s TV and related products. The renewal adds new regions to encompass Samsung TV products sold on a worldwide basis.
“We have had a long-standing relationship with Samsung, one of the most recognized TV brands across the globe,” said Samir Armaly, executive vice president, Worldwide Intellectual Property and Licensing, Rovi. “Our renewed agreement with Samsung reinforces the value of our patent portfolio to industry-leading CE manufacturers focused on driving next-generation entertainment discovery experiences.”
Rovi and Samsung have a rich history of working together to bring consumers a better entertainment experience. Samsung deploys Rovi entertainment metadata – a renowned and extensive entertainment database of editorial content, program schedules, and images pertaining to TV programs, movies, and celebrities in its Smart TVs and tablets. The newest agreement comes on the heels of the multi-year patent license agreement that Rovi and Samsung announced earlier this year for the use of Rovi’s patent portfolio across Samsung’s mobile and tablet devices worldwide.
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. Rovi holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. Discover more about Rovi at Rovicorp.com.