TiVo Renews Liberty Global Deal

Multi-year agreement extends license of patents and other intellectual property 10/26/2017 11:34 AM Eastern

TiVo said it has renewed and extended its products agreement with Liberty Global, the Denver-based operator that serves cable and broadband customers across Europe and in parts of Latin America.

Financial terms of the agreement weren’t announced, but the deal also includes a multi-year extension to an intellectual property for TiVo’s patent portfolios that covers all Liberty Global subsidiaries. That includes Virgin Media, the U.K.-based MSO that has been using TiVo’s software and services platform as the centerpiece of its flagship video products.

RELATED: Virgin Media Rejuvenates Video Platform

The deal salts away another important patent and IP deal for TiVo, which remains at odds with Comcast.

RELATED: TiVo Shares Soar on Prelim ITC Ruling Against Comcast

“We have a long-standing, wide-ranging relationship with Liberty Global around the world as a trusted technology supplier,” Tom Carson, TiVo’s president and CEO, said in a statement. “Liberty Global’s expanded license helps them optimize entertainment experiences for their customers and underscores the value TiVo brings to modern TV and broadband leaders around the world.”

Want to read more stories like this?
Get our Free Newsletter Here!