TiVo Renews Multi-year Patent License and Signs Global Metadata Deal with Minerva Networks

LAS VEGAS–(BUSINESS WIRE)–CES 2019– TiVo Corporation (NASDAQ: TIVO), a global leader in
entertainment technology and audience insights, today announced that
Minerva Networks, an IPTV industry pioneer and the leading supplier of
service management infrastructure for the delivery of pay-TV services,
has signed a multi-year intellectual property (IP) license renewal and
new global metadata deal to use TiVo as the primary metadata provider
for their new cloud service delivery platform, Minerva YourTV Now.

“TiVo’s IP continues to provide companies around the world with access
to transformative entertainment technologies, and our license renewal
with Minerva Networks underscores the leadership position of TiVo’s
portfolio in the marketplace,” said Arvin Patel, executive vice
president and chief IP officer, Rovi Corporation, a TiVo company.
“Thanks to our extensive IP portfolio, Minerva Networks can deliver
compelling experiences to customers in the United States, Latin America,
and around the world.”

In addition to the IP license agreement, the new global metadata deal
enables Minerva to unify its metadata across the Minerva 10 platform and
gain the benefits of using TiVo as their primary provider, rather than
relying on multiple vendors. TiVo’s metadata platform offers scale,
dynamism and great core data so Minerva can deliver best-in-class
experiences to its customers. Powered by unique and innovative
technology, TiVo’s metadata platform can quickly surface trending
content to market the right content at the right time, improve search
and recommendations, and support voice-powered results.

“We are excited to expand our partnership with Minerva Networks and are
honored by the trust they have placed in us,” said Sarah Gaeta, senior
vice president and general manager, Metadata, TiVo. “We look forward to
supporting Minerva with innovative entertainment enhancements that will
be enjoyed for years to come by its current and future customers.”

The TiVo companies have spent decades investing in research and
development to generate some of the most valuable intellectual property
in the media and entertainment industry. This commitment to innovation
provides TiVo the freedom of action to deliver solutions that touch
practically every aspect of consumers’ day-to-day interaction with their
entertainment, and empowers IP licensees to build customized
next-generation digital entertainment solutions for consumers across the
globe.

About Minerva Networks

Minerva is a leading provider of service management solutions for the
delivery of advanced pay television services. Over 300 operators
worldwide have deployed Minerva’s software platform to offer
next-generation entertainment services to their subscribers. For more
information, please visit www.minervanetworks.com.

About TiVo

TiVo Corporation (NASDAQ: 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 leading media and entertainment
providers to deliver the ultimate entertainment experience. Explore the
next generation of entertainment at tivo.com
or follow us on Twitter @tivo
or @tivoforbusiness.

Caution Concerning Forward-Looking Statements

This press release contains forward-looking statements. Readers are
cautioned that such forward-looking statements involve risks and
uncertainties that could cause actual events or our actual results to
differ materially from those expressed in any such forward-looking
statements. Readers are directed to TiVo’s periodic and other reports
filed with the Securities and Exchange Commission (SEC) for a
description of such risks and uncertainties. TiVo undertakes no
obligation to update any forward-looking statements.

TiVo and the TiVo logo are registered trademarks of TiVo Corporation
and its subsidiaries worldwide.

Contacts

Lerin O’Neill
TiVo
+1 (408) 562-8455
Lerin.ONeill@tivo.com