Innovative Companies Join Channel 4 in Advertising Program
Rovi Corporation (NASDAQ: ROVI) today announced that BT, Red Bull TV, Honda, and Ladbrokes will develop interactive campaigns to run on the Rovi Advertising Network as part of the Rovi Smart TV Advertising program. These companies join Channel 4, which was one of the first to join the Rovi Smart TV program in the United Kingdom.
Rovi Corporation (NASDAQ: ROVI) announced today the appointment of Thomas Carson as its President and Chief Executive Officer effective immediately, succeeding Alfred J. Amoroso, who has held the position since July 2005. Mr. Carson has also been elected to the Rovi Board of Directors. Mr. Amoroso will assist the Board and Mr. Carson during a transition period, as announced in May 2011.
Campaign Marks the Launch of Rovi Smart TV Advertising Program in Germany
Rovi Corporation (NASDAQ: ROVI) today announced that renowned automaker MINI and its agency Mediaplus are participating in the launch of the Rovi Smart TV Advertising program in Germany. The groundbreaking Smart TV program enables companies to develop and introduce innovative advertising campaigns across HDTVs, Blu-ray Disc players, and other Internet-connected devices. The launch in Germany builds on the success of similar programs Rovi has initiated in the United States, Canada, and the United Kingdom.
Research Shows Consumers’ Engagement with Connected Device Platform
Rovi Corporation (NASDAQ: ROVI) and Decipher, one of the United Kingdom's leading media strategy and research companies, today released the first results from a two-phase study about Smart TV usage and interactive advertising in the United Kingdom. The first phase examined connected device familiarity and usage, creating a profile of the connected TV audience and comparing it to the average UK household. The second part of the study will assess the effectiveness of a range of specific interactive campaigns on the platform and is expected to be completed in the first quarter of 2012.
Solution Helps Streamline Service Provider Migration to Next-Generation Architecture
Rovi Corporation (NASDAQ: ROVI) and Pace plc, a leading developer of products and services for broadband and broadcast operators, today announced that they are combining respective strengths in applications and service platforms, and in hardware and middleware, to jointly develop an integrated hybrid Internet Protocol (IP) solution. The new solution, targeted to be available in the USA, Canada, and Latin America, will be designed to help service providers develop and deliver new, advanced subscriber services that allow them to differentiate themselves in the marketplace.
Rovi Corporation (Nasdaq:ROVI) announced today that it will host an analyst and investor meeting on January 12, 2012 in Las Vegas during CES. At this meeting, the company will provide an update on the business and provide additional financial information for 2012. A question and answer session will follow the brief presentation. In adjacent rooms, demonstrations will be available for Rovi's newly announced products and offerings.
Rovi Helps Providers Enhance Users' Experience and Extend Benefits of All-Digital Network
Rovi Corporation (NASDAQ: ROVI) today revealed the Rovi Guide for SD DTAs (Standard-Definition Digital Transport Adapters), an interactive program guide designed to help service providers transition to and expand the benefits of their all-digital network and deliver an enhanced user experience. The new product, which will be first launched in Latin America, is being demonstrated in English and Spanish at the Rovi booth (#1150) at SCTE 2011, November 15-17.
At SCTE Cable-Tec Expo this week, Rovi Corporation (NASDAQ: ROVI) has unveiled new market collaborations and solutions that will enable service providers to deliver dynamic, multi-platform entertainment experiences. As part of the event, Rovi is hosting private briefing sessions for industry executives that include demonstrations of its latest lineup of cutting-edge discovery and video delivery solutions. The new Rovi solutions are designed to help optimize and enrich cable services on existing set-top boxes and next-generation platforms, as well as tablets and smartphones.
Ohio Cable Provider Joins Growing List of Service Providers Choosing Rovi Technology to Enable Next Generation Entertainment Experiences
Rovi Corporation (NASDAQ: ROVI) today announced an agreement with Buckeye CableSystem, a service provider serving Northwest Ohio and parts of Southeast Michigan, for the licensing and deployment of Rovi TotalGuide Solution across multiple platforms. Using Rovi TotalGuide, Buckeye will be able to offer its customers an advanced entertainment discovery experience with leading-edge search and recommendation capabilities on set-top boxes already in homes today. The service provider will also deploy Rovi's companion white-label TotalGuide xD application, allowing subscribers to use IP-enabled mobile devices to schedule a recording, tune linear channels, start a VOD session, and once available, watch authenticated TV shows and movies. In addition, Rovi and Buckeye have signed multi-year renewal agreements for Rovi i-Guide as well as Remote DVR Scheduling and ETV/EBIF Solution.
Rovi Helps Cable Operators Extend Cable Experience to Mobile Screens
Rovi Corporation (NASDAQ: ROVI) today announced a licensing agreement with Blue Ridge Communications, a Palmerton, Pennsylvania cable, Internet, and phone provider, for the deployment of TotalGuide xD. The white-label "search and discovery" application will enable Blue Ridge to connect and extend video service access across tablets and smartphones. TotalGuide xD will enable Blue Ridge subscribers to remotely connect with their DVR and channel tune, find more of what they like with Rovi six-degrees discovery, and once available, watch authenticated TV shows and movies on multiple mobile screens. The agreement continues the momentum for Rovi as a leading provider of solutions to help service providers deliver innovative next-generation entertainment experiences.
Rovi grows momentum in China by entering agreement with leading set-top box manufacturer for DivX HD devices
Rovi Corporation (NASDAQ: ROVI) announced the signing of a new multi-year licensing agreement for DivX® technology with Shenzhen Jiuzhou Electric Co., Ltd., one of the largest set-top box (STB) manufacturers in China. Jiuzhou plans to integrate DivX HD into its STB products for sale globally, initially launching in Europe in Q1 2012. The collaboration with Jiuzhou is the latest in a series of wins for Rovi in the region. The company has not only been accelerating momentum with China-based OEMs and ODMs shipping on a worldwide basis, but it also recently secured an agreement with Mei Ah to power a new online video service in the region.
Unveils a Range of Powerful New Tools to Help Brands Capture Viewers' Attention Across Multi-Platform Ecosystem
Rovi Corporation (NASDAQ: ROVI) today announced a major update to its Rovi Advertising Network aimed at providing marketers with advanced tools for driving higher rates of engagement with TV advertising across set-top boxes, connected TVs, media players, game consoles and more. New features are designed to enable consumers to more fully interact with the products and services that interest them - from immersing themselves in related multimedia content and social networking activities, to requesting more information and making direct purchases. In addition to feature enhancements, Rovi is also continuing to expand the reach of its Ad Network, with new deployments on connected TVs and media players from Samsung and Sony. Currently, Rovi's advertising services, products and technologies together reach more than 40 million households globally.
Rovi Corporation (NASDAQ: ROVI) announced today that it had third quarter 2011 GAAP revenues of $196.5 million, compared to $138.0 million for the third quarter of 2010. Third quarter 2011 GAAP net income was $1.8 million, compared to GAAP net income of $36.4 million for the third quarter of 2010. GAAP diluted net income per common share for the quarter was $0.02, compared to income per common share of $0.33 for the third quarter of 2010.
Mei Ah Group Licenses DivX Video and DRM Technologies to Provide Premium Entertainment Experiences across a Range of Consumer Electronics
Rovi (NASDAQ: ROVI) and Mei Ah Digital Technology Ltd., one of the companies in Mei Ah Entertainment Group, today announced the companies have collaborated to launch a new Chinese online Video-On-Demand (VOD) service called BOYABO (http://boyabo.com) that provides consumers convenient access to premium movies and TV entertainment. The new service includes movie titles available for digital distribution by the Mei Ah Entertainment Group, including new releases, library content, and television programs. Additional content from other movie studios is expected to be added in the future.
Rovi Corporation (NASDAQ: ROVI) announced today the signing of a multi-year license agreement for Rovi guidance solutions including Rovi TotalGuide™, G-Guide® and its interactive program guide (IPG) patent portfolio with Sharp Corporation, the leading consumer electronics brand in Japan, for Sharp television, players and recorders worldwide.
DivX-Certified Devices will be the First ASUS 3D Blu-ray Players Released in Taiwan, Europe and Mainland China
Rovi Corporation (NASDAQ: ROVI) announced the signing of a new multi-year licensing agreement for DivX® technology with ASUS, a Taiwan-based manufacturer of computing, communications and consumer electronics products. Through the agreement, ASUS plans to integrate DivX Plus® HD, the premium level of DivX Certification, into its new high-end O!Play 3D Blu-ray/HD Media Players, the ASUS BDS-700 and BDS-500, which will be the first ASUS-branded 3D Blu-ray players in the market. The ASUS players further expand Rovi’s broad global ecosystem: more than 500 million devices with DivX technology have shipped worldwide helping consumers to easily access and enjoy the wide range of Internet and Hollywood video entertainment that is available in the DivX format.
New Music Service Uses Rovi Data to Amplify Ability to Discover Music
Rovi Corporation (NASDAQ: ROVI) today announced that Deezer, a premier music streaming service, has signed an agreement to use Rovi Music to power the launch of its recently announced service in the UK. In addition to a team of music experts behind Deezer’s service, Rovi Music will be available to help provide information on 13 million licensed tracks, helping fans discover new music and old favorites.
Rovi’s Breadth of Entertainment Technologies at Show Include New MainConcept® Codec SDK 9 and TotalCode™ Offerings
This week at IBC 2011 in Amsterdam, Rovi Corporation (NASDAQ: ROVI) will showcase its new technologies and services for content producers, consumer electronics (CE) manufacturers, service providers, and other professionals engaged in the creation, discovery, access and enjoyment of digital entertainment. The IBC 2011 conference follows on Rovi’s recent announcements at IFA 2011 in Berlin and IBC attendees will again be able to see firsthand the latest Rovi innovations that are contributing to an enhanced digital consumer entertainment experience in Europe.
New Encoding Line Speeds Production and Delivers Advanced Controls for the Post-Production Industry, Broadcasters, Cable Operators and Other Digital Entertainment Distributors
Rovi Corporation (NASDAQ: ROVI) today announced the launch of TotalCode™, which is a new line of high-quality encoding solutions with advanced capabilities to help streamline the production and delivery of digital entertainment. Built on Rovi’s industry-proven MainConcept codec technology, and including support for the latest adaptive streaming codecs, TotalCode is designed for post-production facilities and enterprise-class digital content providers such as broadcasters, cable operators and digital storefront operators. The comprehensive TotalCode line also includes a solution for the desktop encoding market.
Empowers Developers to Create Innovative Entertainment Products Featuring the Latest Codec and Streaming Technology
Rovi Corporation (NASDAQ: ROVI) today announced the availability of an updated version of its MainConcept® Codec SDK (Software Development Kit). Version 9 of the SDK will enable developers to quickly take advantage of many of the very latest codec and network streaming technologies, providing them with what they need to integrate video and audio compression functionality. Rovi, developer of the industry’s leading video and audio codec library, will demonstrate Codec SDK 9 in action at IBC 2011 in Hall 5, Stand A31.
DivX Plus® Streaming to Feature on Broadcom’s Latest Platforms for Set-top Boxes and DTVs
Rovi Corporation (NASDAQ: ROVI) today announced that it is working with Broadcom to integrate its recently unveiled DivX Plus Streaming technology into Broadcom’s System-on-a Chip (SoC) platforms for set-top boxes and connected Digital TVs. Broadcom Corporation (Nasdaq: BRCM) is a global innovation leader in semiconductor solutions for wired and wireless communications. Lightweight and easy to deploy, DivX Plus Streaming offers support for 1080p video resolution, subtitles, as well as a range of smooth trick-play capabilities that have historically only been associated with Blu-ray Discs. DivX Plus Streaming complements the advanced digital entertainment feature set of Broadcom’s platforms and is designed to enable service providers and consumer electronics manufacturers to deliver a full-featured over-the-top movie and TV entertainment experience. Rovi will be demonstrating DivX Plus Streaming ported to a Broadcom platform at the Rovi booth at IBC 2011 in Hall 5, Stand A31.
DivX ® Video Technologies to Enable Premium Entertainment Experiences across a Broad Range of Samsung Mobile Devices, including Latest Galaxy S II LTE and Galaxy Note
Rovi Corporation (NASDAQ: ROVI) and Samsung Electronics Co. LTD. today announced the companies have signed a multi-year licensing agreement enabling Samsung to continue to integrate DivX technology on its comprehensive range of consumer electronic devices. The DivX technology will continue to feature prominently on Samsung’s range of popular mobile devices including the greatly anticipated Galaxy S II LTE and Galaxy Note smartphone.
Major Device Manufacturer to Integrate DivX Plus® HD Across Product Lines and Enable Premium Entertainment Experiences
Rovi Corporation (NASDAQ: ROVI) today announced that it has signed a multi-year licensing agreement for DivX® technology with Shenzhen MTC Co., Ltd. (MTC), a China-based manufacturer of consumer electronics products. Through the new agreement, MTC will expand its implementation of DivX Plus HD, the premium level of Certification, and use it across its product lines, including digital set-top boxes, DVD and blu-ray disc players, and digital TVs. Building on Rovi’s expansive ecosystem that includes more than 500 million devices with DivX technology, MTC devices will be able to take full advantage of the range of Internet video and Hollywood entertainment available around the world in DivX formats.
Adaptive Streaming Solution Enables the Digital Delivery of a Blu-ray Disc-Like Entertainment Experience
Rovi Corporation (NASDAQ: ROVI) today unveiled DivX Plus® Streaming, a secure adaptive streaming solution for the delivery of a feature-rich, premium digital entertainment experience to connected devices including HDTVs, Blu-ray Disc Players, smartphones, game consoles, PCs, Macs, and cable set-top boxes. DivX Plus Streaming not only delivers video content in high quality, but also supports advanced multimedia features that have historically only been associated with Blu-ray Discs. In order to enhance the digital entertainment experience, DivX Plus Streaming includes support for 1080p high definition, subtitles, multiple language tracks, and trick-play features such as smooth fast forward and rewind, quick-start playback, and the ability to resume playback across devices. The DivX Plus Streaming SDK is available today for retailer, CE, and IC manufacturer integration and is being demonstrated at the Rovi booth at IFA, September 2-7, (Hall 25, Stand 146).
Rovi Corporation (NASDAQ: ROVI) will be demonstrating its newest technologies and cloud services for consumer electronics manufacturers, content owners, retailers, developers, and service providers this week at IFA 2011, one of the largest tradeshows for consumer electronics. The event marks the beginning of a major European expansion for Rovi and its white-label solutions that are helping power higher quality, more engaging and personalized consumer entertainment experiences across multiple screens.
Ford Launches Third Innovative Campaign on Rovi Advertising Network in the Past Year with Fourth Launch Planned for September
Rovi Corporation (NASDAQ: ROVI) today announced that it is collaborating with Ford Motor Company on a comprehensive digital TV advertising program across the Rovi Advertising Network. Ford has selected the Rovi Advertising Network to reach and engage consumers with multiple campaigns including the F-450 Super Duty truck, Focus, and now its Lincoln brands. Lincoln launched a campaign for the MKX Crossover SUV on June 1, featuring its intuitive technology experience designed for consumers and will continue its efforts with a MKZ campaign in September.
Rovi Corporation (NASDAQ: ROVI) today announced that Rovi has entered into a Interactive Program Guide patent licensing agreement with NTT Plala Inc. (NTT Plala) for its video distributing service “Hikari-TV”.
Rovi Corporation (NASDAQ: ROVI) announced today that it had second quarter 2011 GAAP revenues of $193.0 million, compared to $133.9 million for the second quarter of 2010. Second quarter 2011 GAAP net loss was $10.7 million, compared to GAAP net income of $41.2 million for the second quarter of 2010. The current quarter included a $15.0 million restructuring and asset impairment charge primarily related to the disposal of the BD+ operations, while the comparable quarter a year ago benefited from a $19.0 million gain on interest rate swaps and caps. GAAP diluted net loss per common share for the quarter was $0.10, compared to income per common share of $0.39 for the second quarter of 2010.
Dynamic Campaigns Mark Rovi Smart TV Field Trial Advertising Program in the UK
Rovi Corporation (NASDAQ: ROVI) today announced that Twentieth Century Fox and Channel 4, along with OMD, the media agency for Channel 4, have teamed with Rovi to run advertising campaigns on HDTVs, Blu-ray Disc players and other internet-connected devices. The brands will use Rovi advanced advertising technologies to deploy interactive capabilities, such as in-depth multimedia graphics and video as a part of their campaigns to drive increased viewership and sales of their films and TV programmes.
Major consumer electronics manufacturer enhances home cinema experience with DivX technology
Rovi Corporation (NASDAQ: ROVI) and TCL Corporation today announced that TCL’s new line of 2011 Digital TVs (DTVs) has included the premier level of DivX technology certification, enabling consumers to take full advantage of the broad range of video entertainment now available in the high-quality DivX Plus HD format. The collaboration is the result of a worldwide DivX technology licensing agreement between Rovi and TCL.
Enables Canadian Advertisers to Reach Consumers across Connected Devices
Rovi Corporation (NASDAQ: ROVI) today announced the Canadian launch of the Rovi Smart TV Field Trial Advertising Program, which enables companies to develop and introduce innovative campaigns across HDTVs, Blu-ray Disc players, and other Internet- connected devices. As part of the Field Trial introduction, Rovi will work with BMO Bank of Montreal to deploy, manage, and evaluate BMO campaigns across next-generation devices from leading manufacturers and enable the company to engage the rapidly expanding base of consumers that is accessing entertainment via a broadband connection.
RoxioNow Entertainment Platform and Cloud Services to Enable New Digital Movie Services from Best Buy Canada and Future Shop
Rovi Corporation (NASDAQ: ROVI) today announced a new multi-year agreement to power the Canadian availability of CinemaNow. The digital entertainment service, expected to launch in September through Best Buy Canada and Future Shop, will be available initially online and then expand to offer access through a range of Internet-connected consumer electronics devices. Powered by the RoxioNow™ platform and cloud services from Rovi, CinemaNow will allow Canadian consumers to easily stream an extensive catalog of premium entertainment including new movie releases and next-day TV shows. The RoxioNow platform currently powers the CinemaNow service for Best Buy in the U.S.
RoxioNow Entertainment Platform and Cloud Services to Provide Easy Access to Entertainment on HP Systems and Connected webOS Devices
Rovi Corporation (NASDAQ: ROVI) today announced its RoxioNow™ platform is enabling on-demand access to movies and TV shows via a new HP MovieStore application for HP TouchPad. Available July 1, HP’s first webOS tablet adds to a range of HP notebooks and desktop PCs that are already powered by the RoxioNow entertainment platform. Under the terms of a new licensing agreement, Rovi is providing content licensing and infrastructure services that include a cloud-based movie and TV locker that provides HP customers persistent access to movie and TV content across HP devices.
Rovi Corporation (NASDAQ: ROVI) and Toshiba Corporation have signed a multi-year agreement for use of Rovi TotalGuide and its interactive program guide (IPG) patent portfolio in Toshiba televisions, Blu-ray players and recorders, as well as mobile and tablet devices in the United States and Europe, expected to be sold in Spring 2012.
License and Distribution Agreement Allows Charter to Deploy the Rovi TotalGuide Solution to Set-top boxes, PCs, and Mobile and Tablet Devices; Rovi’s Remote Record Scheduling Application for i-Guide and Passport Guide
Rovi Corporation (NASDAQ: ROVI) today announced an agreement with Charter Communications, Inc. (NASDAQ: CHTR) enabling Charter to distribute Rovi TotalGuide Solution on Charter’s set-top boxes (STBs), mobile and tablet devices and the Web. In addition, the multi-year agreement includes a license to the Rovi Remote Record Scheduling Application for i-Guide and Passport Guide and for the use of the Rovi interactive program guide patent portfolio across STBs, Web, and mobile products.
DivX video and DRM technologies to enable premium entertainment experiences across increased range of LG electronics
Rovi Corporation (NASDAQ: ROVI) and LG Electronics have signed multi-year licensing agreements that expand their relationship and provide further integration of DivX® technology into a wider range of consumer electronics devices. LG’s latest agreements support its plans to continue to promote the technology on devices beyond Blu-ray Disc players, to ultimately include HDTVs, in-car players, set-top boxes, tablets and mobile phones.
Advanced Media Guide to be Deployed on STBs, Tablets and Mobile Devices
This week at The Cable Show, Rovi Corporation (NASDAQ: ROVI) announced that it has signed an agreement with Cogeco Cable Canada Inc., a leading cable telecommunications provider in Canada, for Rovi TotalGuide Solution for set top boxes (STBs), tablets, smart phones and PC devices.
Cable Operator Sets Path for Adoption of Advance Guide Features and Renews i-Guide License
This week at The Cable Show, Rovi Corporation (NASDAQ: ROVI) and Suddenlink, the seventh largest cable operator in the United States, have announced that the two companies have agreed to collaborate to bring Rovi TotalGuide Applications -- including TotalGuide for set top boxes (STBs) and TotalGuide xD -- to market. The agreement between Rovi and Suddenlink includes a multi-year license for the distribution of i-Guide interactive program guide, on top of which the Rovi TotalGuide Applications would be integrated and tested.
Turnkey Solutions for Cable Operators Enable Simplified Access and Discovery of Content for Subscribers
This week at The Cable Show, Rovi Corporation (NASDAQ: ROVI), exhibiting in booth # 603, will showcase its new technologies and solutions for cable service providers — from advanced user interfaces featuring search, discovery and recommendations to multi-device IP video distribution. Rovi solutions enable cable operators to bring a more robust entertainment experience and easier access of content anytime, from multiple sources to their subscribers.
Enables Service Providers to Turn on Access to TV Entertainment Anytime, From Multiple Sources
This week at The Cable Show, Rovi Corporation (NASDAQ: ROVI) unveiled a new Video Distribution Solution for service providers that will enable cable subscribers to access TV and Video On Demand (VOD) entertainment virtually anywhere through a range of connected devices including PCs, tablets, and smart phones. The solution is based on a cost-effective, end-to-end platform that uses Rovi Cloud Services, RoxioNow™ and DivX® technologies, and offers content preparation, cloud hosting, and multi-format IP delivery, as well as support for subscriber authentication.
BendBroadband and Armstrong Adopting Rovi Technology to Deliver a Convenient, Fun New User Experience to Cable Subscribers
This week at The Cable Show, Rovi Corporation (NASDAQ: ROVI) unveiled the Rovi TotalGuide Application for Set-top Boxes (STBs), an advanced media guide that simplifies content discovery and access to subscription services. The application is designed to initially work alongside Rovi i-Guide, one of the industry’s most widely deployed on-screen cable guides, to smooth the adoption of a more in-depth user experience that includes advanced search, recommendations and rich metadata. The announcement builds on the earlier launch of Rovi TotalGuide xD, a white-label search and discovery application that extends and connects the cable experience to tablets, smart phones and PC devices. Rovi TotalGuide Applications are a unique approach that Rovi believes will help service providers scale deployment based on user behaviors and preferences and enable their subscribers to become more comfortable with the new technology at their own pace.
Rovi Corporation (NASDAQ: ROVI) announced today that it had first quarter 2011 GAAP revenues of $161.5 million, compared to $129.4 million for the first quarter of 2010. First quarter 2011 GAAP net income was $17.0 million, compared to $68.1 million for the first quarter of 2010. In 2010, the first quarter included a $108.5 million tax benefit primarily as a result of entering into a closing agreement with the Internal Revenue Service related to the 2008 sale of the TV Guide Magazine business. There was no comparable benefit in 2011. GAAP diluted net income per common share for the first quarter of 2011 was $0.15, compared to net income per common share of $0.64 for the first quarter of 2010.
Brands Will Be Able to Extend Their Reach into Consumer Homes on Connected Digital Living Room Displays
Rovi Corporation (NASDAQ: ROVI) and Sony Electronics today announced that Sony has launched Rovi Advertising Service, part of Rovi Cloud Services, on connected Sony BRAVIA® TVs in the US, providing greater opportunities for brands to reach consumers. Under this new relationship, Rovi will sell and deliver advertising to the latest line of connected Sony BRAVIA TVs.
Rovi Expands North American Patent License Program with Addition of TV Manufacturer to Its Roster
Rovi Corporation (NASDAQ: ROVI) today announced that Rovi has entered into a patent license agreement with Funai, the manufacturer of LCD TVs. The agreement provides Funai with a license to the Rovi interactive program guide (IPG) and parental control patent portfolio.
Open Invitation for Advertisers to Join Carnival and Other Innovative Brands and Participate in Smart TV Advertising Trials
Rovi Corporation (NASDAQ: ROVI) today announced the Rovi Smart TV Field Trial, an initiative created to explore new and emerging advertising opportunities on television and other devices connected to the Internet. The program enables companies to test campaigns across a wide variety of platforms including TVs, Blu-Ray Players and other devices. By participating, the companies will not only obtain access to campaign metrics and learn about consumer behavior in the living room, but Rovi estimates it may potentially receive tens of millions of ad impressions during the course of the trials through the Rovi Advertising Network. Carnival, Brightline and Brightline’s clients have all agreed to participate in the North America trial, and Rovi plans to launch additional Field Trials in the United Kingdom and Canada in the second half of this year.
Rovi Corporation (NASDAQ: ROVI) today announced that M7 Group S.A. (M7) has entered into a multi-year agreement whereby M7 will license Rovi electronic program guide (EPG) patents. M7 is the leading satellite TV provider in the Netherlands operating a satellite DTH platform under the brand name CanalDigitaal.
Addition of Canadian Telecommunications Company Videotron Continues Expansion of Rovi Licensing Program with North American Service Providers Across Multiple Platforms
Rovi Corporation (NASDAQ: ROVI) announced today that Rovi has entered into a multi-year agreement with Videotron whereby Videotron has licensed the interactive program guide (IPG) patent portfolio owned by Rovi. The agreement provides Videotron with a license to Rovi patent intellectual property for IPGs across multiple platforms including certain set top box, online and mobile platforms.
Make it Easy to Record, Personalize, and Post Console and PC Game Play Videos
Rovi Corporation (NASDAQ: ROVI) today unveiled Roxio® Game Capture and Roxio PC Game Capture, two affordably priced products that offer a straightforward way for gamers to quickly and easily capture and share PC and console game play videos.
Rovi Corporation (NASDAQ: ROVI), today launched Roxio® Toast® 11 Titanium for Mac®. Toast 11 is a major update that helps extend Mac OS and iLife® applications with new capabilities and feature enhancements for capturing, copying, converting and enjoying personal digital media and entertainment. Toast 11 serves as a powerful media hub that makes it simple to take virtually any piece of digital media - regardless of format or where it resides - and share and enjoy it practically anywhere and on any device.
Rovi Advertising Network to Support Toyota Tundra Initiative
Rovi Corporation (NASDAQ: ROVI) today announced that it is collaborating with Toyota Motor Sales, U.S.A., Inc. to launch an interactive TV advertising initiative for the Toyota Tundra on the Rovi Advertising Network. Rovi’s product offering gives Toyota the ability to bring an innovative advertising experience to consumers and enables viewers to learn more about Toyota’s products through rich and dynamic content made available through advanced portals on the Rovi Advertising Network.
TotalGuide xD Extends the Cable Video Experience to Multiple Mobile Screens Including Tablets and Smart Phones
Rovi Corporation (NASDAQ: ROVI) today announced TotalGuide xD, a customizable advanced media guide that connects and extends the cable video experience from set-top boxes to mobile devices, including tablets and smart phones. TotalGuide xD provides multiple system operators (MSOs) with a solution that addresses the rapid changes taking place within the digital entertainment market, as entertainment consumption quickly moves to an ‘anytime, anyplace’ experience. TotalGuide xD can enable cable subscribers with legacy native guide applications on their set-top boxes to now connect with and enjoy their favorite entertainment content from tablets and handheld devices, whether that content is broadcast TV, video on demand (VOD) or authenticated streaming video content, using one visually stunning mobile interface.
To fulfill consumers’ desire for information and content, Rovi Corporation (NASDAQ: ROVI) today launched www.AllRovi.com, creating a unique experience for entertainment enthusiasts. Using proprietary Rovi technology, including advanced search and recommendation functionality, AllRovi brings one of the largest libraries of music and movie information to the Web – making it easy to find details on favorite artists, actors and films, and discover new music and movies based on mood, genre, chronology, favorites and more. Now in open beta, users will find a visually engaging, interactive way to experience entertainment at www.AllRovi.com.
Rovi Corporation (NASDAQ: ROVI) announced today that it had fourth quarter 2010 revenues of $140.2 million (in line with its CY2010 estimates released on December 22, 2010), compared to $137.1 million for the fourth quarter of 2009. Fourth quarter 2010 GAAP net income was $67.2 million, compared to $2.6 million for the fourth quarter of 2009. The Company's GAAP earnings included a $40.7 million income tax benefit in 2010 compared to a $22 million income tax expense in 2009.
Cablevision, One of Nation’s Leading Media and Entertainment Companies, to License Rovi IPG Patent Portfolio for Set Top Box, Online and Mobile Platforms
Rovi Corporation (NASDAQ: ROVI) and Cablevision today announced that they have entered into a multi-year agreement whereby Cablevision will license Rovi interactive program guide (IPG) intellectual property. The agreement provides Cablevision with a license to the Rovi IPG patent portfolio for next-generation set-top box, online and mobile platforms.
New Guide Capabilities Expand Revenue Potential for Networks and Advertisers Through Contextual Commerce and One-click Advertiser Solutions
Rovi Corporation (NASDAQ: ROVI) and Delivery Agent, the leader in multi-channel commerce for sports and entertainment, today jointly announced the first-ever contextual commerce capability within Rovi electronic program guides (EPGs) for television programming. With this capability, consumers will be able to buy products and services directly from their television program guides using their remote controls. Similar commerce capabilities are also planned to be available to consumers who access their electronic program guides through the web.
Rovi Corporation (NASDAQ: ROVI) today announced the successful completion of its cash and stock tender offer for all of the outstanding shares of common stock of Sonic Solutions (NASDAQ: SNIC). The offer expired as scheduled at one minute following 11:59 p.m., Eastern time (midnight), on February 11, 2011. Rovi expects to cause the merger to be completed within a few days, with Sonic becoming a wholly-owned subsidiary of Rovi.
Rovi One of First to Bring Connected, Interoperable Device Functionality to Android CE Manufacturers for More Personalized, Media-Centric Consumer Entertainment Experience
Rovi Corporation (NASDAQ: ROVI) announced today that its Connected Platform technologies will be available pre-ported on the Android™ platform, powering a robust entertainment experience for consumers that will enable them to share and stream entertainment content from their Android devices to a variety of connected devices throughout the home. At the core of Rovi Connected Platform is advanced home networking capabilities that will allow CE manufacturers to quickly and easily deploy interoperable device functionality to their Android based mobile device, phone and tablet product offerings.
Rovi Corporation (NASDAQ: ROVI) announced today that it has completed a $750 million Senior Secured Credit Facility financing. The Credit Facility consisted of a $450 million five year Term Loan A tranche and a $300 million seven-year Term Loan B tranche. The Term Loan A bears interest, at the Company’s election, at either prime plus 1.5% per annum or three month LIBOR plus 2.5% per annum. The Term Loan B bears interest, at the Company’s election, at either prime plus 2.0% per annum or three month LIBOR plus 3.0% per annum, with a LIBOR floor of 1.0%. The Company expects to pay all the term loans based on the LIBOR option throughout 2011. The loans were issued at a rating of Ba1/BB+ and the corporate rating is Ba2/BB-. Net proceeds from the transaction (after associated expenses) were approximately $730 million. The Company expects to use the net proceeds to replenish cash reserves following the pending Sonic Solutions acquisition, to repurchase stock and repurchase or otherwise retire convertible debt securities (including the retirement of the remaining $84 million of par value August, 2011 2.625% convertible notes) and for general corporate purposes.
Users can browse local listings, discover entertainment, and learn more about their favorite shows, movies, stars and programming choices
Today, Rovi Corporation (NASDAQ: ROVI) announced Rovi What’s On TV, a free, mobile television listings iPad application for TV lovers. The app, in a graphic rich magazine style layout, allows users to browse and search local TV listings for a 24-hour period. Additionally, Rovi What’s On TV uses TV metadata, available through APIs in the Rovi Media Cloud, to enable users to find detailed information and images from their favorite shows, movies and celebrities. Now available in the iTunes store, the fully connected app also lets users share what they’re viewing with friends through Twitter and e-mail.
Rovi Corporation (NASDAQ: ROVI) and Sonic Solutions (NASDAQ: SNIC) today announced that the Federal Trade Commission and the Department of Justice granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act relating to the proposed acquisition of Sonic Solutions by Rovi in a stock and cash transaction. The proposed exchange offer and subsequent merger remain subject to other closing conditions. Early termination of the waiting period ends the U.S. government’s antitrust review of the transaction.
Company Works with Samsung, Trident and Others to Bring Products to Market
Rovi Corporation (NASDAQ: ROVI) today announced that it will be debuting its newest digital home entertainment technologies this week during the 2011 International Consumer Electronics Show. The company recently announced Rovi Media Cloud, a suite of entertainment web services that is designed to enable the rapid creation of innovative new products, services and applications for the connected consumer. This announcement demonstrates Rovi plans to continue to power the next wave of digital entertainment offerings with content discovery, delivery, and enhanced interactivity capabilities that support advertising and drive consumer engagement.
Rovi Cloud Services Enables Rapid Development of Connected Media Products on Multiple Platforms and Devices
Rovi Corporation (NASDAQ: ROVI) today announced Rovi Cloud Service*, a suite of entertainment web services that is designed to enable the rapid creation of innovative new products, services and applications for the connected consumer. Rovi Cloud Service is a comprehensive set of entertainment focused web services that includes advertising, metadata, recommendations, search, media recognition, and user and device management capabilities. With these services, consumer electronic (CE) manufacturers, service providers (SPs), online, mobile and other application developers can quickly and easily differentiate their offerings with sophisticated capabilities that enhance the connected entertainment experience.
Rovi Corporation (NASDAQ: ROVI) today announced that DENSO Corporation, one of Japan’s biggest automotive audio system OEMs and one of the world’s leading suppliers of automotive audio systems, has signed a license to use Rovi Automotive Solution in DENSO’s Car Infotainment Systems. The agreement between Rovi and DENSO includes the deployment of Rovi sophisticated media recognition capabilities and rich entertainment metadata in DENSO’s Car Infotainment Systems to major automobile manufacturers.