Eurocardsharing

Go Back   Eurocardsharing > General Discussions > General Satellite News > Latest Satellite News

Latest Satellite News Discussion, Pressure on Rovi as patents fail to come through at General Satellite News forum; Pressure on Rovi as patents fail to come through By Julian Clover Rovi has said it expects a fall in ...

Reply
 
LinkBack Thread Tools Display Modes
Pressure on Rovi as patents fail to come through
Old
  (#1)
Bacteria
Administrator
 
Bacteria's Avatar
 
Offline
Posts: 96,015

Level: 124 [♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥♥ Bé-Yêu ♥]
Life: 4638 / 4638
Magic: 32005 / 102613
Experience: 68%

Thanks: 1,107
Thanked 5,578 Times in 1,419 Posts
Join Date: Oct 2006
Age: 37
Pressure on Rovi as patents fail to come through - 19-July-2012, 17:50

Pressure on Rovi as patents fail to come through
By Julian Clover



Rovi has said it expects a fall in revenues of around $20 million after it experienced delays in adding new patent licences to service operators in Europe and in the US around the TV Everywhere concept.

Revenues in the second quarter are expected to total $158 million, as opposed to the $179 million the company achieved in 2011.

We dont anticipate ultimately losing revenues as a result of these delays, and we continue to anticipate significant growth in our licensing business from 2011 to 2013, said Tom Carson, President and CEO of Rovi Corporation. However, in order to ensure the long-term protection of our key intellectual property, we did not sign certain new patent licensing agreements during the second quarter, as some expected licensees would not agree to acceptable terms.


Rovi is currently pursuing action on three counts against the Dutch operator Ziggo and last year saw an appeal against Virgin Media thrown out by the High Court.
The company says it prefers not to litigate and still expects to enter into the majority of its patent licenses without litigation.

It believes pending patent litigation matters must progress further before certain prospective customers will finalize arrangements on terms it finds acceptable.

Rovi is optimistic that terms will be reached either in 2012 or 2013 with the possibility of back payments being made.


Regards,
   
Reply With Quote
Reply

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Forum Jump



ECS on RSS ECS on Twitter ECS on Facebook ECS on Youtube
Follow us on:

Powered by vBulletin
Copyright 2002 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO ©2011, Crawlability, Inc.
Dreambox