×

Rovi Announces License Agreement

Rovi Corporation Logo

SANTA CLARA, Calif., March 6, 2013 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) has announced that it has entered into a license agreement with Hulu, which resolves all outstanding litigation. Specific terms of the agreement are not disclosed.

Business Outlook

With respect to its business outlook for 2013 and the first and second halves thereof, and its internal expectations for the quarter ending March 31, 2013, Rovi draws investors' attention to its Current Report on Form 8-K filed with the Securities and Exchange Commission on March 4, 2013.

About Rovi Corporation

Rovi powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found at rovicorp.com.

The Rovi Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6482

Forward Looking Statements

All statements contained herein that are not statements of historical fact, including statements that use the words "will" or "is expected to," or similar words that describe the Company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company's most recent report on Form 10-K for the period ended December 31, 2012 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at www.sec.gov). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

CONTACT: For more information, contact: Linda Quach Rovi Corporation 408-562-8504 Linda.Quach@rovicorp.com

Source:Rovi Corporation