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Rovi Signs Long-Term i-Guide Renewal and Patent License Agreement With Leading Canadian Cable and Satellite Pay-TV Provider

Company Release - 4/29/2014 8:30 AM ET

LOS ANGELES--(BUSINESS WIRE)-- Rovi Corporation (NASDAQ: ROVI), a global leader in entertainment discovery, today announced the renewal of i-Guide and interactive program guide (IPG) patent license agreements with major Canadian cable and satellite provider, Shaw Communications Inc.

Under the agreements, Shaw will continue to use i-Guide, an intuitive interactive program guide in set-top boxes, to connect its extensive subscriber base to the entertainment they love. The long-term renewal also extends Rovi’s i-Guide and patent relationships with Shaw into the next decade.

“i-Guide is a solid product that continues to be enjoyed by our subscribers as a way to discover and navigate television content,” said Ron McKenzie, Vice President, Operations, Shaw Communications Inc. “Our collaboration with Rovi reinforces Shaw’s commitment to providing our customers with high-quality products and services that enhance their viewing experiences.”

“Rovi’s continued collaboration with leading cable and satellite providers, like Shaw, underscores the depth, breadth, and long-term value of Rovi’s patent and product portfolio,” said Bob Shallow, SVP of sales and marketing at Rovi. “As the demand for easy access to entertainment content continues to rise, Rovi is committed to working with our customers to power discovery solutions that connect consumers to their favorite content across multiple screens.”

Rovi’s i-Guide, a broadly deployed guide currently supporting hundreds of service providers in North America, provides fast, easy-to-use linear and time-shifted TV navigation plus video on demand (VOD) and DVR functionality. Powered by Rovi’s extensive metadata, i-Guide helps subscribers easily find TV entertainment that’s meaningful to them.

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. The company 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, 2013 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
Chris Taylor, 408-562-3077
chris.d.taylor@rovicorp.com

Source: Rovi Corporation