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Technology Stocks : Rovi Corporation (ROVI)

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From: JakeStraw11/2/2011 9:06:40 AM
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Rovi Powers New Online Video Service From Leading Entertainment Group in China
finance.yahoo.com

Mei Ah Group Licenses DivX Video and DRM Technologies to Provide Premium Entertainment Experiences Across a Range of Consumer Electronics

"Rovi was a natural choice to support our efforts to address a growing demand domestically for digital access to premium Chinese and Hollywood entertainment and to support our plans to bring Chinese-language film and TV content to a global audience," said Steve Law, Executive Director, Mei Ah Digital Technology Ltd. "DivX video technologies not only enable the secure delivery of our entertainment libraries, but more importantly, help power exceptional viewing quality and flexibility with features like multi-language subtitles and audio tracks. With an ecosystem of millions of DivX-Certified devices to choose from, consumers will have many options to enjoy their favorite entertainment at home or on the go."

DivX technologies are recognized by millions of consumers around the world for delivering great video performance, visual quality, and multi-screen interoperability. Over 500 million DivX devices have shipped into the market worldwide, ranging from Blu-ray players and HDTVs to game consoles and smartphones. DivX movies can be easily transferred via optical disc, USB drive, and SD memory cards or content can be streamed over a home network using DNLA for playback on registered DivX Certified devices.

"The launch of Mei Ah's new service is a key milestone for Rovi, marking the first major movie studio customer in China," said Matt Milne, senior vice president of CE sales for Rovi. "Our collaboration with Mei Ah is another strong endorsement of our DivX technologies as a turnkey solution for powering convenient access to high quality entertainment experiences. We look forward to helping Chinese consumers optimize their digital media experience across any screen, while at the same time fueling demand for our customers' DivX-Certified products in the region."
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