TiVo, Roku Strike Multi-Year Patent Deal

Agreement includes OTT-facing licenses from Intellectual Ventures
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TiVo said it has struck a multi-year intellectual property license deal with Roku that covers the TiVo and Rovi patent portfolios as well as the OTT assets that are tucked into the Intellectual Ventures (IV) patent portfolio.

Rovi, which merged with TiVo last fall and took on the TiVo brand carrying forward, announced its collaboration with IV in February 2016.

TiVo recently signed similar deals involving IV’s OTT patent portfolio with Netflix and with HBO.

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The agreement announced Wednesday also includes an option for Roku to access TiVo’s entertainment metadata and other TiVo products “to further power intuitive search and navigation.”

Samir Armaly, EVP of intellectual property and licensing at TiVo, said licensing deals involving the IV portfolio have been picking up after the Netflix agreement was announced late last year.

“We do feel that the momentum is picking up,” he said.

For TiVo, the Roku agreement is a “net new deal” for a relatively broad patent license for Roku’s streaming players and for Roku-powered integrated TVs, Armaly said.

Though TiVo has secured licensing deals with nine of the top ten U.S. MVPDs, it still has not done so with Comcast. Initial determinations for the ITC case between TiVo and Comcast expected to come out no later than April 28.

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