Tivo Renews Intellectual Property License with Foxtel

TiVo, a provider of entertainment technology, said pre-market Monday that Foxtel, an Australian pay-TV platform, has signed a multi-year intellectual property (IP) license renewal.

This agreement offers Foxtel ongoing access to TiVo’s industry-leading entertainment discovery patent portfolios.
“Our relationship with Foxtel demonstrates how pay-TV providers around the world use TiVo’s intellectual property to reach consumers in more innovative ways,” said Samir Armaly, a TiVo unit executive said in a statement. TiVo says that innovative solutions touch practically every aspect of consumers’ day-to-day interaction with their entertainment, enabling customers to build customized, next-generation digital entertainment solutions for users around the globe.

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