Mon, Dec 22, 2014, 8:31 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Rovi Corporation Message Board

  • emerald_islerr emerald_islerr Jan 26, 2013 5:03 PM Flag

    Rovi Entertainment Store IP

    Question from Rovi's recent Analyst & Investor Meeting and DEMO at CES:

    Unidentified Analyst: "As you look at divesting the entertainment store assets, do you anticipate keeping the IP associated with it, or woould that go along with the sale?"

    Peter Halt, CFO "The Rovi Entertainmant Store...and the Sonic base came over with no IP."

    Later in the meeting another unidentified analyst asked for some color on DivX...CEO Tom Carson responded and after a long drawn out answer he summed it up this way...

    "Where success comes long term is really tied to content services that are streaming and/or side loaded that consumers want. We've been alligned with the Rovi Entertainment Store and expect that to continue in a customer supplier relationship obviously as the Rovi Entertainment Store moves."

    If Rovi sells the Entertainmant Store to Amazon, Verizon/Redbox or some other big playert, that bodes well for Divx. There are any number of buyers, but Rovi stated that the interest in the entertainmnet store exceeded their expectations...

    Good Luck

    Emerald

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ROVI
22.93+0.17(+0.75%)Dec 22 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Gilead Sciences Inc.
NASDAQMon, Dec 22, 2014 4:00 PM EST
Henry Schein, Inc.
NASDAQMon, Dec 22, 2014 4:00 PM EST
Rite Aid Corporation
NYSEMon, Dec 22, 2014 4:01 PM EST