TiVo inks patent license agreement with DWANGO

TiVo Corporation (NASDAQ: TIVO) company Rovi Corporation has signed a new intellectual property (IP) license agreement with DWANGO Co., Ltd., a network entertainment company in Japan, which operates the popular video hosting service, niconico, the company said.

DWANGO is a network entertainment company in Japan known for its highly popular streaming service called niconico. DWANGO provides next-generation entertainment experiences with its SVOD and TVOD services available on a wide range of devices. It is wholly owned subsidiary of Kadokawa Dwango Corporation.

TiVo is a global leader in entertainment technology and audience insights. From the interactive program guide to the DVR, TiVo delivers innovative products and licensable technologies that revolutionize how people find content across a changing media landscape. TiVo enables the world´s media and entertainment providers to deliver the ultimate entertainment experience.