Gemstar, TiVo Extend License Pact for International MarketsAuthored by Mark Hefflinger on April 8, 2008 - 12:12pm.
Los Angeles - Gemstar-TV Guide International (NASD: GMST), a provider of electronic program guides for digital TV services, announced on Tuesday that it has expanded its relationship with digital video recorder firm TiVo (NASD: TIVO). Under the terms, the companies entered into a new patent license agreement for retail products and certain service provider deployments of the TiVo service in international markets. "International interest in TiVo is at an all time high as retailers and service providers globally seek to deliver the TiVo service as a way to differentiate their video products," said Joshua Danovitz, VP and GM of International at TiVo.
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