SANTA CLARA, Calif., Aug. 24, 2010 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) today announced Sky (British Sky Broadcasting Limited) has extended the term of its existing license agreement with Rovi for interactive program guide (IPG) patents. The multi-year agreement provides Sky with a license to the Rovi IPG patent portfolio for Sky's pay television service platforms. Specific terms of the agreement were not disclosed.
"We are pleased that Sky, the leading pay television service in the United Kingdom, sees the continued value of our IP portfolio and chose to extend the term of their license," said Tom Carson, Executive Vice President, sales and services at Rovi. "We look forward to Sky utilizing our intellectual property further, as part of their growth and continued commitment to a quality guidance experience."
The Rovi global licensing program also includes European pay TV operators and suppliers: NDS, KDG, CANAL+, Portugal Telecom, SKY Italia, and UPC Broadband, among others.
About Rovi Corporation
Rovi Corporation is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively connect to new entertainment from many sources and locations. The company also provides extensive entertainment discovery solutions for television, movies, music and photos to its customers in the consumer electronics, cable and satellite, entertainment and online distribution markets. These solutions, complemented by industry leading entertainment data, create the connections between people and technology, and enable them to discover and manage entertainment in an enjoyable form.
Rovi holds over 4,600 issued or pending patents worldwide and is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, Hong Kong, Luxembourg, and the United Kingdom. More information about Rovi can be found at http://www.rovicorp.com/.
The Rovi Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6482
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-Q for the period ended June 30, 2010 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.