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Gemstar Settles Patent Dispute, Licenses TV Program Guide to Pioneer

Authored by Mark Hefflinger on February 27, 2004 - 7:42am.
Los Angeles -- Gemstar-TV Guide International, a provider of electronic program guides for digital TV services, announced on Friday that it has ended outstanding litigation with consumer electronics firm Pioneer, and will license its program guide technology for use in Pioneer products in North America, Japan and Europe. The deal includes a one-time payment to Gemstar of $14 million, as well as license fees based on the number of Pioneer devices using Gemstar technology that are sold. "I'm delighted to have resolved the issues between our two companies, and look forward to working with Pioneer to make their customers' television experience more simple and enjoyable," said Gemstar CEO Jeff Shell. In the past several months, Los Angeles-based Gemstar has signed similar license agreements with Sony, LG, Comcast and Mitsubishi.
http://biz.yahoo.com/bw/040227/275206_1.html 
http://www.pioneerelectronics.com 
http://www.gemstartvguide.com

tags: Pioneer | Gemstar | TV Program | Patent Dispute |

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