Gemstar-TV Guide, Samsung Reach Pact

5/02/2006 9:18 AM Eastern

Gemstar-TV Guide International Inc. reached a multiyear licensing agreement with Samsung Electronics Co. Ltd.

Under terms of the agreement, Samsung will continue to incorporate Gemstar-TV Guide’s “VCR Plus+” and interactive program guide into its digital televisions, digital-recording devices and VCRs.

The two companies said the agreement also extends their relationship in Europe, where Samsung now has rights to deploy Gemstar-TV Guide's IPG and “GUIDE Plus+.”

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