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TiVo Renews Intellectual Property License Agreement With VIZIO

Company Release - 5/2/2018 8:00 AM ET

SAN JOSE, Calif.--(BUSINESS WIRE)-- TiVo Corporation (NASDAQ: TIVO), a global leader in entertainment technology and audience insights, today announced that TiVo has renewed its patent license agreement with leading TV manufacturer VIZIO. Under the terms of the agreement, the multi-year license renewal extends VIZIO’s use of TiVo’s patent portfolios for the company’s products.

“TiVo’s intellectual property (IP) continues to provide companies around the globe with access to the technologies transforming entertainment for viewers,” said Arvin Patel, executive vice president and chief intellectual property officer, Rovi Corporation, a TiVo company. “Our license renewal with VIZIO underscores the significance of TiVo’s portfolio and our leadership position in advancing entertainment technologies.”

The TiVo companies have 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.

TiVo
Lerin O’Neill, +1 408-562-8455
Lerin.Oneill@tivo.com

Source: TiVo Corporation