TiVo said it has renewed a product and patent license agreement with Mediacom Communications, one of its long-time MVPD partners.
Financial terms were not announced, but the extension covers a variety of TiVo products, including the TiVo Gateway DVR, TiVo Mini, “classic guide” as well as access to data analytics and other TiVo intellectual property.
The new deal will also expand beyond the traditional DVR, they said.
The agreement also enters play in the wake of TiVo’s development of a next-gen, hardware-agnostic offering that will enable MVPD partners to embark on IPTV transitions and support apps on a range of retail devices.
The renewal also gives TiVo an extension with another key cable operator partner. The most significant overhang in that business is TiVo’s failure so far to lock in a new deal with Comcast, which is engaged in patent-related battles with TiVo in the courts and at the International Trade Commission.
“This expanded agreement with Mediacom underscores the value that TiVo’s innovative technology portfolio brings to the fast-growing and hyper-competitive entertainment industry,” Michael Hawkey, senior vice president and general manager, User Experience, TiVo, said in a statement. “With this agreement, TiVo will expand its relationship with Mediacom to also include our next-generation non-DVR, our next-generation user experience and conversational voice offerings. We look forward to helping Mediacom succeed in the fast-evolving entertainment market.”
“Working with TiVo, we look forward to deploying enhancements to our Xtream advanced services offering,” added John Pascarelli, EVP, operations for Mediacom. “Over the years, we’ve come to value the relationship that we have with TiVo, and the entertainment experiences they help us deploy for our customers.”