TiVo signs long-term IP license with Starz Entertainment

TiVo Corporation said that Starz Entertainment LLC, a media distribution company that owns several TV networks in the US, signed a long-term intellectual property (IP) license.

“Starz is acquiring a license to the TiVo patent portfolios and the over-the-top (OTT) assets of the Intellectual Ventures patent portfolio under the TiVo/IV licensing partnership,” said TiVo.

Arvin Patel, chief intellectual property officer of Rovi Corporation, a TiVo company, said: “This licensing agreement with Starz emphasizes the importance of TiVo’s patent portfolios, especially for companies who are working to keep up with rapid developments and changes in the OTT space.

“By leveraging TiVo innovations, TV networks and other OTT companies can quickly strengthen or upgrade the entertainment experiences they provide and in turn, spend more time and energy focused on other business priorities.”