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AT&T, TiVo Extend Licensing Agreement

New patent deal good through 2025 9/27/2017 10:32 AM Eastern
Image source: Wikimedia Commons

TiVo said it has extended its intellectual property and patent license with AT&T that will cover AT&T through 2025.

Finalization of the extension comes after the companies had announced a seven-year license renewal at the end of 2015.

The new agreement gives AT&T some important air cover on TiVo licenses that would be attributable to AT&T’s range of pay TV services, including U-verse, DirecTV (satellite) and the new OTT-delivered DirecTV Now offering.

For TiVo, which merged with Rovi last year, AT&T ensures that one of the nation’s largest MVPDs has secured key intellectual property license. The big overhang: Comcast, which still has not come to terms with TiVo on a new deal and the two remain locked in a court battle.  

RELATED: TiVo Shares Soar on Prelim ITC Ruling Against Comcast

“We are pleased that AT&T has extended its existing license agreement,” Tom Carson, TiVo’s president and CEO, said in a statement. “TiVo’s IP helps leading pay-TV providers deliver unique and personalized entertainment to consumers, now and well into the future.”

RELATED: TiVo President and CEO Thomas Carson to Retire

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