Rovi set to expand relationships with mid-sized cable operators

Rovi Corp. president and CEO Thomas Carson told investors Thursday during the company's fourth-quarter earnings call that it is in the process of expanding its relationship with several mid-tier cable operators.

A pending announcement with Mediacom will include Rovi's integrated search, xD applications for iOS and Android devices, DTA guides and analytics products.

"This product agreement is a great example of how Rovi services, from IP to products, work together to improve a service provider's operation and improve the subscriber experience," Carson told investors, according to a transcript published by Seeking Alpha.

"We also recently expanded our relationship with Suddenlink, the nation's seventh largest cable television provider, to deploy high-definition DTA guides," Carson added.

For the quarter, Rovi posed a Q4 loss of $5.9 million, with revenue declining by 12 percent to $134.2 million. The company attributed the latter decline to an unfavorable comparison to a 2013 Q4 that saw Rovi recoup a variety of deal payments.

The company also said it has completed integration of Fan TV, which it acquired late last year for $12 million.

Fan TV makes an IP-based set-top and a buttonless remote that is sold through Time Warner Cable (NYSE: TWC).

"The Fan TV system has garnered significant customer interest and the team is focused on acquiring additional TV accounts including select international opportunities," Carson said. 

For more:
- read this Seeking Alpha transcript
- read this Multichannel News story

Earnings summary: Sizing up pay-TV earnings for the fourth quarter of 2014

Related links:
A+E rolls out Rovi's new targeted advertising tool
Rovi acquires set-top startup Fanhattan
Rovi names Arris, Motorola, GI veteran John Burke as COO

Suggested Articles

Another splashy streaming service debut may be sullied by distribution woes.

Sling TV is an elder statesman of the virtual MVPD community.

YouTube TV’s price hike gives cable operators breathing room to run the next big TV race, which will be fought and won on the TV UX battleground.