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TiVo Renews Patent License Agreement with Samsung for Smartphones and Tablets

December 4, 2018

SAN JOSE, Calif.--(BUSINESS WIRE)--Dec 4, 2018--TiVo Corporation (NASDAQ: TIVO), a global leader in entertainment technology and audience insights, today announced that Rovi Corporation, a TiVo company, has signed a new multi-year patent license agreement with Samsung for the use of Rovi’s video discovery patents and technologies across Samsung’s smartphone and tablet devices. The patent renewal encompasses Samsung mobile products sold on a worldwide basis.

“We are proud to extend our licensing agreement with Samsung and to further enhance the consumer experience,” said Arvin Patel, executive vice president and chief intellectual property officer, Rovi Corporation, a TiVo company. “Samsung is one of the most recognized and revered brands in the world. We are excited to build on our tremendous relationship with Samsung as they continue to innovate across their smartphone and tablet product lines. We look forward to continuing to add value to Samsung’s current and future product offerings, and to creating the very best multimedia experience for our customers.”

TiVo has spent decades investing in research and development to create market-leading technologies for the media and entertainment industry. TiVo’s innovative solutions touch practically every aspect of consumers’ day-to-day interaction with their entertainment, enabling customers to build customized, next-generation digital entertainment solutions for users around the globe.

About TiVo

TiVo Corporation (NASDAQ: TIVO) is a global leader in entertainment technology and audience insights. From the interactive program guide to the DVR, TiVo delivers innovative products and licensable technologies that revolutionize how people find content across a changing media landscape. TiVo enables the world’s leading media and entertainment providers to deliver the ultimate entertainment experience. Explore the next generation of entertainment at tivo.com or follow us on Twitter @tivo or @tivoforbusiness.

Caution Concerning Forward-Looking Statements

This press release contains forward-looking statements. Readers are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual events or our actual results to differ materially from those expressed in any such forward-looking statements. Readers are directed to TiVo’s periodic and other reports filed with the Securities and Exchange Commission (SEC) for a description of such risks and uncertainties. TiVo undertakes no obligation to update any forward-looking statements.

TiVo and the TiVo logo are registered trademarks of TiVo Corporation and its subsidiaries worldwide.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005384/en/

CONTACT: For more information, contact:

Lerin O’Neill

TiVo

+1 (408) 562-8455

Lerin.ONeill@tivo.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: ENTERTAINMENT LICENSING (ENTERTAINMENT) TECHNOLOGY CONSUMER ELECTRONICS INTERNET SOFTWARE COMMUNICATIONS ADVERTISING ONLINE

SOURCE: TiVo Corporation

Copyright Business Wire 2018.

PUB: 12/04/2018 08:00 AM/DISC: 12/04/2018 08:01 AM

http://www.businesswire.com/news/home/20181204005384/en

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