Toshiba and Rovi Team to Launch World's First TVs Certified for DivX Plus
Will Enable the Advanced Adaptive Streaming of Premium Entertainment From
Digital Storefronts and Service Providers
SANTA CLARA, Calif., May 7, 2013 (GLOBE NEWSWIRE) -- Rovi Corporation
(Nasdaq:ROVI), driving digital entertainment innovation, today announced that
Toshiba Corporation is launching a range of DTVs Certified for DivX Plus
Streaming^™. The latest agreement will help increase the reach of Rovi's
advanced adaptive streaming format and enable Toshiba DTVs to support
high-quality entertainment services from over-the-top providers such as
KNOWHOW Movies by Dixons Retail in the UK.
DivX Plus Streaming brings a cutting-edge feature set to streaming media that
is typically characteristic of the Blu-ray Disc consumer experience such as
multi-language subtitles and audio tracks, trick-play track for smooth fast
forward and rewind, chapter points for quick scene navigation, and resume
playback across devices. In addition, to help eliminate buffering or the
"spinning wheel", DivX Plus Streaming includes Dynamic Resolution Scaling.
Providing smooth and seamless transitions between different resolutions,
Dynamic Resolution Scaling helps ensure consumers enjoy quick start times and
continuous play even in low or fluctuating bandwidth environments.
"We are pleased to continue our relationship with Rovi and integrate DivX Plus
Streaming to add to the high-quality viewing experiences that we offer," said
Takahiro Uchida, Deputy Senior Manager, TV Products Dept., Products Management
Div., Toshiba Corporation Digital Products & Services Company. "By integrating
services such as KNOWHOW Movies with DivX Plus Streaming and enabling
entertainment experiences that are flexible, convenient, and feature rich, we
are providing even greater value to our customers."
KNOWHOW movies is powered by Rovi Entertainment Store, a technology solution
that includes white-label storefront and playback client SDKs, cloud services,
as well as content licensing, management, and marketing services. Rovi
Entertainment Store, which is helping a range of retailers, service providers,
CE manufacturers, content owners, and PC OEMs to drive revenue from
over-the-top (OTT) storefronts and cloud-based entertainment, has adopted DivX
Plus Streaming as its preferred method of content delivery.
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 IC vendors including Broadcom,
MediaTek, and MStar, and has been selected to power video delivery for
UK-based Dixons Retail's KNOWHOW Movies, German retailer Media Markt's
Videodownloadshop, and Mei-Ah and China Mobile powered services that provides
4G LTE and 3G service subscribers instant access on their Android mobile
devices to on-demand, catch-up TV. 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) for use in the
"Our collaboration with Toshiba results in new products for consumers that
provide optimized, high-quality playback of streaming entertainment in the
living room," said Simon Adams, SVP, Sales and Marketing, Consumer
Electronics, Rovi Corporation. "This product launch extends our long-standing
relationship with Toshiba and adds to the growing industry support we are
receiving for DivX Plus Streaming."
Toshiba's DTVs Certified for DivX Plus Streaming with KNOWHOW Movies is
expected to be available to consumers later this quarter in the UK.
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.
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 8-K for the period ended March 31, 2013 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
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