Rovi and LG Expand Relationship With New Multi-Year Worldwide DivX Licensing Agreement

Rovi and LG Expand Relationship With New Multi-Year Worldwide DivX Licensing
Agreement

LG First to License DivX Plus Streaming for Mobile Devices

BARCELONA, Spain, Feb. 26, 2013 (GLOBE NEWSWIRE) -- Mobile World Congress 2013
-- Rovi Corporation (Nasdaq:ROVI), driving digital entertainment innovation,
today announced that Rovi and LG Electronics have agreed to renew a multi-year
worldwide DivX license. In addition to renewing LG's long-standing support for
DivX^® video playback in LG consumer electronics devices, the agreement also
includes the licensing of DivX Plus Streaming^® for LG mobile devices. The
inclusion of Rovi's adaptive streaming format will enable LG to deploy mobile
devices compatible with a range of video services from retailers, operators,
and content owners, and that deliver an enhanced streaming experience to
consumers.

DivX Plus Streaming brings features more commonly associated with Blu-ray
Discs to the over-the-top entertainment experience. This adaptive streaming
solution dynamically adjusts streams to help deliver maximum visual quality up
to full 1080p HD based on available bandwidth, while offering an advanced
feature set with support for subtitles, chaptering, multiple language tracks,
and trick-play functions such as smooth fast forward and rewind.

"Our collaboration with LG results in products with the ability to provide
optimized video playback across a variety of screens," said Simon Adams, SVP,
Sales and Marketing, Consumer Electronics, Rovi Corporation. "In addition to
extending our technology relationship with LG, this agreement adds to the
incredible support we are receiving from the industry for DivX Plus
Streaming."

DivX Plus Streaming has been approved by studios and adopted by companies
helping fuel over-the-top entertainment distribution. The advanced adaptive
streaming format has gained the support of the IC vendors including Broadcom,
MediaTek, and MStar, and has been selected to power video delivery for Dixons
KNOWHOW Movies and a new service from Mei-Ah and China Mobile that provides 4G
LTE and 3G service subscribers instant access live TV broadcasts and catch-up
video-on-demand ("VOD") content. The DivX DRM (digital rights management)
solution, as used with DivX Plus Streaming, was also recently approved by the
DECE (Digital Entertainment Content Ecosystem consortium). The result means
that UltraViolet retailers may use DivX Plus Streaming to enable their
over-the-top services.

Through the new agreement, LG can continue to implement DivX Plus^® HD, the
premium level of certification available. Whether content is on optical disc,
USB drive, or streamed wirelessly between devices over a home network using
DLNA, devices certified for the DivX Plus HD profile can easily play back
personal and protected Hollywood entertainment in DivX (.avi) and DivX Plus HD
(.mkv) formats. Rovi's DivX Plus Streaming solution builds upon these core
DivX video technologies and capabilities in order to bring the same broad
device interoperability and playback quality to streaming entertainment.

Attendees at Mobile World Congress visitors will see DivX Certified mobile
devices throughout the show floor, and can visit Rovi's stand (Hall 7, Stand
182) to view live demonstrations of DivX Plus Streaming including a
next-generation version that will enable premium content delivery to mobile
devices using the new video compression standard, High Efficiency Video Coding
(HEVC) or H.265. Mobile World Congress takes place in Barcelona, Spain,
February 25-28.

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: Chris Taylor
         Rovi Corporation
         408-562-3077
         Chris.D.Taylor@rovicorp.com

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