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TiVo strikes new licensing deal with Panasonic
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TiVo has renewed Rovi’s deal with Panasonic, allowing the electronics giant to continue to provide advanced entertainment discovery experiences across its TV, DVR and set-top boxes.
The multi-year product and intellectual property deal covers products Panasonic has licensed for the Japanese market, including Rovi’s G-Guide, G-Guide HTML and G-Guide xD offerings.
Panasonic also renewed its license for Rovi’s entertainment discovery patent portfolio.
“Our innovative products help companies like Panasonic deliver seamless navigation experiences that help users find the content they want to watch no matter where they are or what device they are watching from,” said Michael Hawkey, senior vice president and general manager of user experience, TiVo.
Rovi Corporation has agreed to buy TiVo in a cash and stock deal worth roughly US$1.1 billion (€961 million) in April. The deal closed in September and the companies began integrating technological and product capabilities under the TiVo brand name.
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