Gemstar-TV Guide Signs Patent License Agreement with MobiTV for Mobile Interactive Program Guides
Gemstar-TV Guide International, Inc. (NASDAQ: GMST), a leading media, entertainment and technology company, has signed a patent license agreement with MobiTV, Inc., the leader in mobile and broadband entertainment services. The multi-year agreement includes patent license rights related to interactive program guides (IPGs) for mobile video programming, made available through the MobiTV service, both directly by MobiTV and via MobiTV on behalf of leading mobile and broadband service providers.
“Due to the ever-expanding amount of video content available, we believe that interactive guidance technology is quickly becoming a must-have tool, not only for the TV at home, but for other emerging platforms, including online, IPTV, and mobile,” said Rich Cusick, Gemstar-TV Guide’s senior vice president for digital media. “We are pleased that MobiTV, recognized for offering the most extensive mobile entertainment experience to users on-the-go, and its partners, will benefit from TV Guide’s guidance patents.”
“We are delighted to be working with Gemstar-TV Guide,” said Charlie Nooney, chief executive officer and chairman of MobiTV. “Now, through our relationship with Gemstar-TV Guide, MobiTV can further enhance the entertainment experience for the millions of mobile and broadband users who enjoy our services.”
Specific terms of the agreement were not disclosed.
About Gemstar-TV Guide
Gemstar-TV Guide International, Inc. (the “Company”) (NASDAQ: GMST) is a leading global media, entertainment, and technology company that develops, licenses, markets and distributes products and services that maximize the video guidance and entertainment experience for consumers. The Company’s businesses include: television, publishing, and new media properties; interactive program guide services and products; and intellectual property licensing. Additional information about the Company can be found at www.gemstartvguide.com.
As the leader in mobile and broadband entertainment services, MobiTV is driving the convergence of mobile, content and technology; delivering live television, premium and primetime programming, video-on-demand, satellite and digital music services from the top broadcast and cable television networks and major music labels to millions of global users. Founded in 1999, MobiTV is a privately held company with headquarters in Emeryville, CA. (www.mobitv.com).
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that may cause actual performance or results to differ materially from those in the forward-looking statements, including risks and uncertainties related to the timely availability and market acceptance of products and services incorporating the Company’s technologies and content; our investments in new and existing businesses; the impact of competitive products and services; the pending acquisition of the Company by Macrovision Corporation and events and circumstances related thereto; and the other risks detailed from time to time in the Company’s SEC reports, including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements
Note to Editors: Gemstar, TV Guide, and TV Guide Mobile are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. and/or its subsidiaries. The names of other companies, products and services used herein are for identification purposes only and may be trademarks of their respective owners.
MobiTV and the MobiTV logo are trademarks, service marks, and/or registered trademarks of MobiTV, Inc. in the United States and in other countries. All other trademarks, service marks, and product names used herein are the property of their respective owners.
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