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.
Rovi Corporation (NASDAQ: ROVI) announced today that it had second quarter 2010 revenues of $134.8 million, compared to $119.5 million for the second quarter of 2009. Second quarter 2010 GAAP net income was $41.2 million, compared to a net loss of $2.1 million for the second quarter of 2009.
Rovi Corporation (Nasdaq: ROVI) announced today that it will release its financial results for the second quarter of fiscal 2010 on July 29, 2010 after the close of market.
Agreement with Liberty Global Subsidiary Marks Continued Growth of Rovi Licensing Program in Europe
Rovi Corporation (NASDAQ: ROVI) and Unitymedia today announced that they have entered into a multi-year license agreement for interactive program guide (IPG) patents owned by Rovi.
Rovi Corporation (NASDAQ: ROVI) today announced that Maspro Denkoh signed a license agreement for interactive program guide (IPG) technology portfolio, including regulations on use of Rovi G-Guide. The license agreement also provides Maspro Denkoh with a license under Rovi’s IPG patent portfolio for their products.
Hollywood.com and Spill.com Fans Can Now Learn Even More About Their Favorite Movies, Shows and Celebrities Through Relational Information Linking Movie and TV Data
Rovi Corporation (NASDAQ: ROVI) today announced that Hollywood.com, a leading movies and entertainment website dedicated to super-serving fans, and Spill.com, the irreverent animated movie review site, will use Rovi entertainment data to facilitate the discovery, navigation and search capabilities on the two sites. Hollywood.com has signed an agreement with Rovi to incorporate Rovi movie and TV data on the two portals, providing an enhanced discovery experience for users looking to find information and rich media content about their favorite movies, TV shows, actors and celebrities.
Rovi Corporation today announced I-O DATA DEVICE, INC. has signed a license agreement for Rovi interactive program guide (IPG) technology portfolio, which also includes the use of the G-Guide electronic program guide on IO-DATA DEVICE’s TV tuners and tuner boards for PCs.
Marketers Can Reach Millions of Households Using Rovi Guides and Third-Party Interactive TV Platforms by Advertising with Rovi
Rovi Corporation (NASDAQ: ROVI) today announced its new offering for advertisers and agencies, the Rovi Advertising Network. The Network bundles guide advertising on the Rovi ad platform and third-party interactive TV platforms to extend audience reach even further under one integrated and scalable ad buy. Rovi Ad Network enables marketers to launch, manage and measure campaigns across leading interactive TV platforms in up to 15.8 million U.S. households currently. When combined with the distribution of Rovi technology through third parties, Rovi reaches over 30 million households in North America, one of the largest interactive TV advertising footprints on the market today.
Rovi Corporation (NASDAQ: ROVI) today announced that it has received $124 million in cash from the U.S. Internal Revenue Service for carryback claims, utilizing part of the previously announced $2.4 billion tax loss that resulted from the sale of TV Guide Magazine. Additionally, the Company received $36 million in cash from the release of escrow funds related to the sale of TV Guide Network. These increased cash balances will be partially offset by repurchases of the Company's outstanding 2.625% convertible senior notes due 2011 and the Company’s common stock, with such repurchases expected to total up to approximately $75 million in the second quarter of 2010.
Rovi Corporation (NASDAQ: ROVI) today announced that SKY Perfect JSAT Corporation became the first Japanese Pay TV operator to join Rovi’s patent license program for interactive program guides (IPG) used in SKY PerfecTV! branded set-top boxes (STB).
Advanced Media Guide Merges Linear TV, DVR and On Demand Content with Rich Entertainment Metadata
This week at The Cable Show in Los Angeles, Calif., Rovi Corporation (NASDAQ: ROVI) unveiled its TotalGuide™ Solution for Service Providers, an advanced flexible media guide for cable platforms. Rovi TotalGuide Solution for Service Providers uses in-depth entertainment data from Rovi to power search, browse and recommendation capabilities. The media guide streamlines the access to linear TV, digital video recorded (DVR), video on demand (VOD) content through one user interface, as well as enables service providers to seamlessly integrate broadband and personal content as they are being implemented in next generation service provider offerings.
Cable & Wireless Panamá and Supercanal Argentina License Rovi Guide and Applications to Bring Advanced, Interactive TV Viewing Features to Subscribers
Rovi Corporation (NASDAQ: ROVI) today announced two cable operators in Latin America will deploy the Rovi Passport Guide to provide their subscribers with a guide that is application-rich and has flexible program guide features that enrich the television viewing experience. Rovi has signed multi-year licensing agreements with Cable & Wireless Panamá in Panamá and Supercanal in Argentina for the use of Rovi Passport Guide and Passport applications, marking Rovi’s continued growth in the Latin America market. Cable & Wireless Panamá will also license Rovi TV data.
Rovi Corporation (NASDAQ: ROVI), announced today, first quarter 2010 revenues of $130.1 million, compared to $111.2 million for the first quarter of 2009. First quarter 2010 GAAP net income was $68.1 million, compared to a net loss of $41.5 million for the first quarter of 2009. First quarter 2010 earnings included an income tax benefit of $108.5 million. GAAP diluted net income per common share for the quarter was $0.64, compared to a loss per common share of $0.41 for the first quarter of 2009.
Measurement Method Assesses the Effectiveness of Interactive Guide Advertising
Rovi Corporation (NASDAQ: ROVI) today announced that it has formulated a new set-top-box (STB) measurement methodology to assess the effectiveness of advertising campaigns on interactive television guides. The methodology provides insights into live broadcasting, time-shifting and video-on-demand viewing habits from thousands of STBs. It provides Rovi with enhanced insight into viewer behavior and the performance of advertising campaigns on the guide. In addition, Rovi has signed agreements with more than 23 cable operators in order to grow its sample size to tens of thousands more STBs over the next 18 months.
Cable System Roll Out Complete on Motorola Platform – Conversion to Passport Guide and ShowRunner Planned for Cisco Platform in 2010
Rovi Corporation (NASDAQ: ROVI) today announced that Cox Communications has completed deployment of Rovi’s video on demand (VOD) application, ShowRunner, in the company’s Motorola systems. As a result of the conversion, combined with additional marketing and promotion of On DEMAND from Cox at time of launch, the company has seen an increase in VOD usage of approximately 20 percent. ShowRunner’s advanced navigation path and other features make it easier for subscribers to access and navigate VOD content. Cox is planning additional roll-outs of ShowRunner throughout 2010 with a conversion to the Passport Guide for cable systems on the Cisco platform.
Rovi’s Comprehensive Data Library Provides Artist, Album and Track Information for Renowned Music Publication’s Site
Rovi Corporation (NASDAQ: ROVI) today announced that the Rovi music database will help power the new RollingStone.com, Wenner Media’s flagship brand that has been covering music and pop culture for more than four decades. The Rovi music database was selected by Wenner Media to provide its over five million unique RollingStone.com users with comprehensive metadata about their favorite albums and artists ranging from rock to jazz to country and everything in between.
Rovi Corporation (Nasdaq:ROVI - News) announced today that it will release its financial results for the first quarter of fiscal 2010 on May 6, 2010 after the close of market.
Personal Media Manager Cleans and Streams Consumers’ Media Collections and Enables Sharing Across Devices
Rovi Corporation (NASDAQ: ROVI) today announced the availability of its Personal Media Manager solution, a software application that enables consumers to “clean” or update the entertainment data residing in their media libraries as well as stream and share music, videos and photos stored on devices on a home network. Compatible with Windows, Macintosh and Linux operating systems, Rovi’s Personal Media Manager is designed as a brandable companion application for CE products such as network attached storage devices, digital media receivers and set-top boxes, and for online stores and portals.
Rovi Corporation (NASDAQ: ROVI) announced today the closing of its offering of $460 million aggregate principal amount of 2.625% convertible senior notes due in 2040, at an issue price of 100% of the principal amount of the notes. The notes were issued in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The closing included $60 million aggregate principal amount of notes issued following the full exercise, by the initial purchasers of the notes, of an option to purchase such notes solely to cover over-allotments.
Rovi Corporation (NASDAQ: ROVI) announced today that it has priced $400 million aggregate principal amount of 2.625% convertible senior notes due 2040. The notes will be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The Company also granted the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of notes solely to cover over-allotments. The sale is expected to close on March 17, 2010, subject to customary closing conditions.
Rovi Corporation (NASDAQ: ROVI) announced today that it proposes to offer $400 million aggregate principal amount of convertible senior notes, subject to market conditions and other factors. The notes would be due in 2040 and are to be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The notes would first become redeemable by the Company, and can be put to the Company by holders thereof, on February 20, 2015. The Company also intends to grant to the initial purchasers of the notes an option to purchase up to an additional $60 million aggregate principal amount of notes solely to cover over-allotments.
Rovi Corporation (NASDAQ: ROVI) announced today that the Internal Revenue Service (“IRS”) has completed its review under its Pre-Filing Agreement Program of the tax loss recognized from the Company’s December 2008 divestiture of TV Guide Magazine. The Company and the IRS executed a closing agreement which confirmed that the Company recognized an ordinary tax loss of approximately $2.4 billion from the TV Guide Magazine sale.
Rovi Music broadens support of applications for online services, service providers and CE devices
Rovi Corporation (NASDAQ: ROVI) announced today a new music data offering that combines music metadata from its AMG and Muze services, creating a superset of data from both acquisitions. The new database, Rovi Music, is a single data source that provides multiple forms of data to support variety of devices and services across online services, service providers, and consumer electronic platforms, such as websites, social networking sites, mobile, PC and embedded applications. Rovi Music streamlines the delivery process for integrating high quality, consistent information to inform and influence consumers as they discover and experience music.
Rovi Corporation (NASDAQ: ROVI) today announced that it has expanded its relationship with Comcast to include Rovi’s enhanced entertainment products as well as an expanded license under Rovi’s patents across mobile, online, and other Comcast distribution platforms. In addition, Rovi has exited its GuideWorks joint venture with Comcast and Comcast has become sole owner of GuideWorks. GuideWorks was formed in 2004 as a collaborative effort by the two companies to further develop an interactive program guide solution, now distributed by Rovi under its i-Guide brand.
Rovi Corporation (NASDAQ: ROVI) and STRONG, a leading provider of set-top boxes in Europe, today announced that they have entered into a license agreement for interactive program guide (IPG) patents owned by Rovi.
Rovi Corporation (NASDAQ: ROVI), announced today, fourth quarter 2009 revenues of $138.0 million, compared to $118.2 million for the fourth quarter of 2008. Fourth quarter 2009 GAAP net income was $2.6 million, compared to a net loss of $211.2 million for the fourth quarter of 2008. GAAP diluted net income per common share for the quarter was $0.02, compared to a loss per common share of $2.07 for the fourth quarter of 2008.
Samsung Boosts Music Stores and Mobile Phones Worldwide with Rovi’s Music Data and LASSO Solutions
Rovi Corporation (NASDAQ: ROVI) announced today that Samsung will use Rovi’s media recognition technologies to facilitate finding and purchasing content in its PC Applications worldwide. Samsung has signed an agreement with Rovi for the use of both its music metadata and LASSO media recognition solutions.
The Combination of FourthWall’s ETV Platform and TV Widgets® with Rovi’s Guide Offers Service Providers a Solution for Standards-Based Interactive Television and Applications
FourthWall Media (formerly Biap) and Rovi Corporation (NASDAQ: ROVI) today announced that they have signed an agreement to offer an Enhanced Television (ETV) solution to many of Rovi’s Interactive Program Guide customers throughout North and South America. In 2010, Rovi will begin to offer an integrated ETV Platform, including FourthWall Media’s EBIF User Agent, ETV Server, and TV Widgets® as part of Rovi’s guide solutions.
Agreement Marks Growth of Rovi’s International Licensing Program
Rovi Corporation (NASDAQ: ROVI) and Austar United Communications Limited (“AUSTAR”, ASX: AUN) today announced that they have entered into a multi-year license agreement for interactive program guide (IPG) patents owned by Rovi.
Rovi Corporation (Nasdaq: ROVI - News) announced today that it will release its financial results for the fourth quarter of fiscal 2009 on February 11, 2010 after the close of market.
Content from Showtime Network, ZillionTV and Others Planned to be Available through Rovi’s TotalGuide™ for Home Entertainment Devices
In a world where home media is expanding beyond traditional broadcast TV to include renting and purchasing content from Internet based providers, the ability to browse, search and discover entertainment content is crucial. Rovi Corporation (NASDAQ: ROVI) today announced that it plans to add content from Showtime Networks and ZillionTV to its media guide solution for centralizing access to content from the Internet on the TV. This announcement expands upon the previously announced agreements with Blockbuster Inc. (NYSE: BBI, BBI.B) and CBS, broadening the amount of content available through Rovi’s TotalGuide™, which is now expected to include major motion pictures, network content and popular TV shows from content providers throughout North America. In a separate release Rovi also announced it is collaborating with 15 content providers throughout Europe.
This week during the 2010 International Consumer Electronics Show at an invitation-only exhibit at Caesars Palace, Rovi Corporation (NASDAQ: ROVI) will unveil an early version of its highly-advanced media guide that unifies access to broadcast, premium, Internet-based and personal content. Rovi’s TotalGuide™ will incorporate content from leading entertainment services, with plans for Showtime Networks and ZillionTV in North America and major broadcasters ZDF, Five, ARD-Tagesschau, Das Vierte, and NRJ-12 in Europe, among others within the regions.
Rovi’s TotalGuide™ will be able to Connect to A Deep Collection of Content Across Multiple Countries
Rovi Corporation (NASDAQ: ROVI) today announced that it has strengthened its next generation media guide solution for the European market with the inclusion of Internet-based content from 15 individual content providers across Germany, France and the United Kingdom. This news follows Rovi’s earlier announcement today that additional digital content will be available through Rovi’s TotalGuide™ from a number of industry leading content providers in North America.