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Technology Stocks : Rovi Corporation (ROVI)

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From: JakeStraw4/28/2014 11:54:37 AM
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Rovi Ignites Advanced Entertainment Discovery and Monetization With New Cloud Platform, Services and Connected Guides
finance.yahoo.com

Introduces New Development Relationships with Evolution Digital and Entone

Rovi connected guides are designed to deliver a simple path for service providers to progressively and cost-effectively transition a diverse subscriber base to dynamic, IP-based discovery experiences. To further expand the reach of Rovi discovery solutions, the company also unveiled new development relationships with Entone and Evolution Digital, which are planning to develop customized versions of Rovi Guides for use in their respective platforms including DTAs, as well as Hybrid and IP-based set-top boxes.

“Today, service providers on a global basis are dealing with the challenges of a complex pay-TV environment that is comprised of a significant number of legacy systems and a subscriber base that spans from analog customers to those embracing new IP-based platforms,” said John Burke, executive vice president and COO, Rovi. “Our customizable, cloud-powered guides and services will enable providers to streamline the management of this complex environment and deliver advanced discovery experiences to their entire subscriber base, using Internet Protocol, without an infrastructure overhaul. Relationships with other leaders in the entertainment ecosystem should help expand the deployment options available to providers, and result in new complementary capabilities and services, and customized user interfaces being introduced to Rovi Guides by third-party developers.”

“With Rovi's connected guides and our home server platform which provides integrated transcoding and multiple tuner options, we hope to allow service operators to use their existing legacy systems to deliver a multi-screen TV experience across a range of connected devices from a single, operator-branded interface,” stated Mark Evensen, founder and CTO of Entone. “Our collaboration with Rovi should further extend our home server platform to enable operators to accelerate their IP transition.”
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