BARCELONA, Spain, Feb. 25, 2013 (GLOBE NEWSWIRE) -- Mobile World Congress 2013 - Rovi Corporation (Nasdaq:ROVI), driving digital entertainment innovation, today announced the availability of a new edition of the Rovi Insights Series, an ongoing report series that provides business intelligence on the state of digital entertainment and its future. The second installment of the Insights Series focuses on opportunities surrounding mobility and driving digital entertainment across multiple screens. Rovi will be discussing key themes from the Insights Series and showcasing its suite of solutions for the discovery, delivery, display and monetization of mobile entertainment during Mobile World Congress, February 25-28, 2013 at Rovi's stand #7182 in hall seven of the Fira Gran Via.
The second edition of the Rovi Insights Series takes a closer look at the recently approved High Efficiency Video Coding (HEVC) compression standard that is expected to dramatically impact mobile video distribution and consumption. The series examines the theme of "outside-in development", an approach to product design in which mobile devices drive the personalization and interactivity features that today reside on the TV. In addition, the series further explores Entertainment Unbound, an evolution to TV Everywhere that aims to deliver an enhanced entertainment experience that is optimized for the viewing environment as well as the individual tastes and needs of the user.
"An estimated 2.1 billion wireless devices are slated to ship in 2016*, presenting a tremendous opportunity to create multi-screen experiences that are personalized, relevant and engaging," said Ray DeRenzo, SVP of Marketing for Rovi Corporation. "Through the Insight Series, Rovi's aim is to help the industry better understand the key market influences, trends and consumer behaviors shaping the ecosystem and assist its participants in realizing the vision of Entertainment Unbound."
Topic areas covered in the Insights Series report include:
- Growth of mobility around the world and TV Everywhere
- Consumer study findings on streaming video
- Monetizing mobile entertainment through advertising
- Designing from the outside-in and enabling a more personalized home entertainment experience
- Delivering on the concept of Entertainment Unbound and a high-quality video experience to any platform powered by HEVC
Drawing upon industry trends, the company's primary research and direct measurement capabilities, Rovi Insights Series provides perspectives on the market ecosystem from Rovi's vantage point – a technology and solutions provider in the center of the ecosystem, driving forward the discovery, delivery, display and monetization of entertainment across platforms and devices. The Rovi Insights Series is available as a downloadable interactive application and in print edition. For more information, visit www.rovicorp.com/insights.
About Rovi Corporation
Rovi powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found at rovicorp.com.
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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, 2012 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.
*Based on IHS Screen Digest, Mobile Media Intelligence, Q1 2013 and Strategy Analytics, Tablet Regional Operating System Forecast: 2010-2016, Q3 2012