TiVo & HBO Enter Long-Term IP Pact

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SAN CARLOS: TiVo Corporation and HBO have agreed to a long-term intellectual property (IP) license.

HBO is buying a license to the TiVo patent portfolios and the OTT assets of the Intellectual Ventures patent portfolio under the TiVo/IV licensing partnership. “Our license agreement with HBO reinforces the value our innovative patent portfolios deliver to the OTT industry as we continue helping companies quickly adapt to a rapidly changing and fragmented media industry,” said Samir Armaly, the executive VP intellectual property and licensing at Rovi Corporation, a TiVo company.