TiVo renews IP license deal with Sony

TiVo Corporation said Sony Corporation renewed its multi-year intellectual property (IP) license agreement.

The license to TiVo’s patent portfolios covers all of Sony’s worldwide products and services.

“This license agreement accentuates the value TiVo’s patent portfolios bring to the fast-growing and competitive entertainment industry,” said Arvin Patel, chief intellectual property officer, Rovi Corporation, a TiVo company.

“We are delighted to continue our long-standing relationship and renew our multi-year license agreement with one of world’s leading entertainment companies.”