January 21, 2021
TiVo Jan. 21 announced a multiyear extension and expansion of its IP agreement with TCL, a consumer electronics brand and technology company.
TiVo, which helped invent the digital video recorder (DVR), has over the years invested in research and development to create software licensed to the media and entertainment industry. TiVo’s innovations make it easier for viewers to find, watch and store content across a multitude of platforms.
“We believe this agreement further demonstrates the continued relevance of our IP portfolio in the consumer electronics space,” Samir Armaly, president of IP licensing of TiVo corporate parent Xperi, said in a statement. “The licenses provided under our expanded agreement will enable TCL to continue delivering the very best experience for its customers, even as the television industry undergoes rapid transformation and change.”
TiVo over the years has been embroiled in litigation with Comcast, Microsoft and Verizon, among others, as the market for digital entertainment distribution rapidly evolves and changes.
Jonathan King, VP of corporate and legal affairs with TCL, said the agreement with TiVo underscores the company’s commitment to recognizing patents.
“This expanded agreement further demonstrates TCL’s commitment and respect for intellectual property as we continue introducing industry-leading features and capabilities for our loyal users,” King said.