Rovi to Power CinemaNow Launch in Canada
RoxioNow Entertainment Platform and Cloud Services to Enable New Digital Movie Services from Best Buy Canada and Future Shop
Santa Clara, Calif. - 7/20/2011 - 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.
"We look forward to helping provide more Canadian consumers with easy access to premium entertainment from their favorite devices and expanding our relationship with Best Buy,” said Corey Ferengul, EVP Products at Rovi Corporation. “With broad promotions at retail locations nationwide, we believe Best Buy Canada and Future Shop will help significantly increase awareness for the benefits of broadband-delivered entertainment.”
The Canadian CinemaNow service is expected to be available on select connected TVs, Blu-ray players, game consoles, set-top boxes, PCs, and mobile devices, and provide access to a broad library of new movies, TV shows, independent titles and older catalog films. The RoxioNow cloud-based locker will allow customers to access the entertainment they purchase from multiple, CinemaNow-enabled devices.
The RoxioNow platform is a component of a broad portfolio of Rovi applications, technologies, and cloud services that are empowering customers to quickly define and release innovative, multi-screen digital entertainment services. Available as stand-alone components or as integrated solutions, Rovi technologies include entertainment discovery, management, delivery, and enjoyment capabilities, as well as an Advertising network. Rovi technology solutions are designed to redefine the entertainment experience by helping companies enhance their product offerings, form direct relationships with their customers, and drive ongoing streams of revenue.
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-Q for the period ended March 31, 2013 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at http://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.
For more information, contact:
Chris Taylor
Rovi Corporation
+1 (408) 562-3077
Chris.D.Taylor@rovicorp.com