Rovi Corporation (NASDAQ: ROVI) today announced an update to Rovi Entertainment Store, the company’s end-to-end, white-label solution for over-the-top storefront creation and management that is currently supporting almost a dozen third-party services on an expansive multi-manufacturer ecosystem of connected devices. This new version will offer software development kits (SDKs) to streamline customer storefront launches, ground-breaking features, including DivX Plus Streaming, to help enhance the consumer viewing experience, and support for companies that wish to introduce UltraViolet compatible services. In anticipation of new customer launches later this year in the UK, Rovi is also expanding its European content licensing program and Rovi Entertainment Store customer support services.
“For companies including retailers, content owners, CE manufacturers and service providers, Rovi Entertainment Store provides a turnkey way to quickly establish a role in the fundamental shift taking place in entertainment distribution and consumption,” said Corey Ferengul, executive vice president of products, Rovi. “We believe the latest capabilities will help our customers rapidly deploy compelling and differentiated over-the-top services across tens of millions of connected devices from leading manufacturers, drive new revenue streams, and deliver a rich slate of features that allow consumers to fully immerse themselves in a highly personalized premium entertainment experience.”
The expanded capabilities of Rovi Entertainment Store will be available through a new line of storefront client SDKs. As is the case with other Rovi solutions, the new Rovi Entertainment Store SDKs will provide a flexible technology framework that allows customers to quickly define, deploy and update differentiated digital entertainment services that are distinctly their own. The SDKs will provide support for the latest popular device platforms such as connected TVs, Web stores, Blu-ray Disc Players, iOS devices, Android mobile devices, and game consoles - including the recently added support for Sony PlayStation and Xbox. Each SDK will also include reference implementations that can be quickly branded and deployed by storefront customers. SDKs will also include extensive development documentation and libraries that enable customers to use the same underlying core that has been certified by content owners and CE manufacturers, while still delivering a customized storefront experience.
Rovi continues to evolve the Rovi Entertainment Store feature set with the availability of DivX Plus Streaming. Unveiled earlier this year at IFA, DivX Plus Streaming advances over-the-top entertainment by enabling the digital delivery of a Blu-ray Disc-like experience. The secure adaptive streaming solution, now approved by 5 of the leading studios, not only dynamically adjusts streams to deliver maximum visual quality based on available bandwidth, but also offers an advanced feature set with support for 1080p, subtitles, multiple language tracks, and trick-play functions such as smooth fast forward and rewind.
As a member of the Digital Entertainment Content Ecosystem (DECE) consortium, and a licensee of UltraViolet – the ecosystem delivering a new way to collect and enjoy home video entertainment, Rovi is helping customers rapidly deploy compatible products and services. Specifically, through its Rovi Entertainment Store technologies and services, Rovi is enabling UltraViolet Digital Library support within existing and future customers’ storefronts; therefore, allowing consumers to buy UltraViolet-enabled content and/or access their entertainment purchases from a broad range of devices.
During the Consumer Electronics Show 2012, Rovi will be hosting demonstrations of Rovi Entertainment Store along with a full complement of new and in-market solutions that are helping fuel the industry’s transition to web-based entertainment. Meetings are by appointment, January 10-13 at Caesars Palace.
About Rovi Entertainment Store
Rovi Entertainment Store enables retailers, service providers, CE manufacturers, content owners, and PC makers to quickly launch over-the-top storefronts that enable consumers to discover, purchase, manage and enjoy a broad range of new movies and TV shows on multiple platforms and devices. Rovi Entertainment Store includes white-label storefront and device playback clients, cloud services, as well as content licensing, management, and marketing services. The solution can be deployed as a complete end-to-end solution to support all aspects of storefront deployment and management, or as individual components that can be used to enhance an existing service.
About Rovi Corporation
Rovi Corporation (rovicorp.com) is focused on revolutionizing the digital entertainment landscape by delivering solutions that enable consumers to intuitively connect to new entertainment from many sources and locations. The company also provides extensive entertainment discovery solutions for television, movies, music and photos to its customers in the consumer electronics, cable and satellite, entertainment and online distribution markets. These solutions, complemented by industry leading entertainment data, create the connections between people and technology, and enable them to discover and manage entertainment in an enjoyable form.
Rovi holds approximately 5,100 issued or pending patents worldwide and is headquartered in Santa Clara, California, with numerous offices across the United States and around the world including Japan, China, Luxembourg, and the United Kingdom.
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-Q for the period ended September 30, 2011 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at 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.