Latest in Rovi

Samsung no longer has to fear a patent infringement suit from TiVo:  The DVR pioneer — recently bought by Rovi, which changed its name — announced today a “broad intellectual property license” with Samsung that includes a stay of their litigation “upon satisfaction of certain conditions.” The terms give Samsung the…

It’s time to say goodbye, sort of, to the company whose pioneering DVR introduced consumers to time shifting and ad skipping. Some 17 years after it went public, TiVo just became a part of Rovi with the closing of a $1.1 billion cash and stock acquisition deal they made in May — but with the buyer now adopting the…

Entertainment tech company Rovi Corp. said this morning that it has completed a deal to acquire DVR maker TiVo for $1.1 billion in cash and stock. The new $3 billion aggregate, which will take the TiVo name, is expected to generate “saving synergies” of $100 million in the first year, according to…

Updated with Comcast response: Comcast has a lot riding on its set top boxes, especially its X1 — so it has to be concerned about the patent infringement suit that digital technology company Rovi just filed. But Rovi also has much at stake: Its shares are down more than 14% this morning after it filed the suit. The…

TiVo shares fast-fowarded 20% this morning on a report that Rovi is preparing to offer cash and stock to buy the beleaguered DVR pioneer. The negotiations are “at a sensitive stage” and could fall apart, according to The New York Times, which first reported the story citing “people briefed on the talks.” The tentative…

The stock dropped about 40% this morning following the digital entertainment company’s warning last night that revenues would come in far lower, and losses would be much higher, than investors envisioned for this year. The company is “misfiring on all cylinders,” Cowen and Co analyst Robert Stone says this morning as…

SANTA CLARA, Calif. (GLOBE NEWSWIRE)—December 15, 2011—Rovi Corporation (NASDAQ: ROVI) announced today the appointment of Thomas Carson as its President and Chief Executive Officer effective immediately, succeeding Alfred J. Amoroso, who has held the position since July 2005. Mr. Carson has also been elected to the…

It was a dreary day for the markets — but few were hit as hard as the digital entertainment technology company Rovi, formerly known as Macrovision. It told investors on a conference call last night that its analog copy-protection business is nearly kaput, and there’s been a steep decline in sales of consumer software…

UPDATE 4:10 PM: The markets couldn’t sustain an early afternoon rally amid concerns that France might lose its AAA debt rating and that Spain or Italy might default on payments. The Dow Jones Industrial Average fell 4.6% while the S&P 500 dropped 4.4% and NASDAQ was down 4.1%. But media companies were mixed, with some…

UPDATE, 2 PM: The market deteriorated as the day wore on, continuing the worst market slump since 2008. The Dow Jones U.S. Broadcasting and Entertainment Index closed down 7.3% — exceeding the 5.6% decline in the Dow Jones Industrial Average, 6.7% drop in the Standard & Poor’s 500, and 6.9% fall at NASDAQ.  CBS…

EXCLUSIVE: This is exactly the kind of information that shareholders of Big Media need to know but rarely see. It’s considered a red flag when any public company pays one of its bigwigs — usually the CEO — three times more than the average for the four other top executives which the SEC requires them to list. So I’ve…