STOCK TITAN

TiVo Renews Product and Patent License Agreements with Panasonic

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Xperi Holding Corporation (Nasdaq: XPER) announced that its subsidiary, TiVo, renewed product and patent license agreements with Panasonic Corporation. This multi-year extension allows Panasonic to continue offering G-Guide, G-Guide HTML, and G-Guide xD in Japan, enhancing entertainment discovery across its devices. The agreement includes a commitment to implement the new OTT-Link functionality, which enables deep linking into content via G-Guide. This collaboration aims to improve consumer access to advanced content discovery solutions in Japan, showcasing TiVo's ongoing innovation in the entertainment sector.

Positive
  • Renewal of product and patent license agreements with Panasonic enhances market presence.
  • Commitment to implement OTT-Link functionality supports advanced content discovery.
  • Strengthened collaboration with Panasonic improves consumer entertainment experience.
Negative
  • None.

TiVo® the company that brings entertainment together and a wholly-owned subsidiary of Xperi Holding Corporation (Nasdaq: XPER), today announced the renewal of its product and patent license agreements with Panasonic Corporation. Panasonic signed a new multi-year extension of the company’s products for the Japan market, including G-Guide, G-Guide HTML and G-Guide xD, enabling Panasonic to continue providing advanced entertainment discovery experiences across its TV, DVR and set-top box products.

The agreement also commits Panasonic to deploying the newly released OTT-Link functionality that enables consumers to deep link directly into content from within G-Guide, TiVo’s market leading content discovery solution for Japan.

“Our continued collaboration with Panasonic to build and deploy innovative content discovery solutions is strengthened with this new agreement,” said Matt Milne, chief revenue officer, Xperi. “Panasonic’s commitment to roll out the new OTT-Link functionality in G-Guide will enable them to provide their consumers in Japan with continued access to the most advanced functions of G-Guide, Japan’s leading content discovery solution to find, watch and enjoy video content across broadcast and OTT television.”

TiVo has spent decades investing in research and development to create market-leading technologies and broadly licensing them to the media and entertainment industry. TiVo’s innovations make it easier for viewers to find, watch, and enjoy all their content across a multitude of platforms.

About TiVo

TiVo brings entertainment together, making it easy to find, watch and enjoy. We serve up the best movies, shows and videos from across live TV, on-demand, streaming services and countless apps, helping people to watch on their terms. For studios, networks and advertisers, TiVo delivers a passionate group of watchers to increase viewership and engagement across all screens. In June 2020, TiVo became a wholly-owned subsidiary of Xperi Holding Corporation. Go to tivo.com and enjoy watching.

About Xperi Holding Corporation

Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS, HD Radio, IMAX Enhanced, Invensas, TiVo), and by its startup, Perceive, make entertainment more entertaining, and smart devices smarter. Xperi technologies are integrated into billions of consumer devices, media platforms, and semiconductors worldwide, driving increased value for partners, customers and consumers.

Xperi, DTS, IMAX Enhanced, Invensas, HD Radio, Perceive, TiVo and their respective logos are trademarks or registered trademarks of affiliated companies of Xperi Holding Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.

SOURCE: Xperi Holding Corporation

XPER-P

FAQ

What recent agreement did Xperi Holding Corporation's TiVo renew?

TiVo renewed its product and patent license agreements with Panasonic Corporation.

What products are included in the renewed agreement with Panasonic?

The agreement includes G-Guide, G-Guide HTML, and G-Guide xD for the Japan market.

What is the significance of the OTT-Link functionality in the new agreement?

The OTT-Link functionality allows consumers to deep link directly into content via G-Guide.

How does the agreement benefit consumers in Japan?

It enables consumers to access advanced content discovery solutions across Panasonic devices.

When did TiVo become a wholly-owned subsidiary of Xperi Holding Corporation?

TiVo became a wholly-owned subsidiary of Xperi Holding Corporation in June 2020.

Xperi Inc

NYSE:XPER

XPER Rankings

XPER Latest News

XPER Stock Data

461.30M
43.88M
2.14%
92.88%
2.9%
Software - Application
Services-prepackaged Software
Link
United States of America
SAN JOSE