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GMST Gemstar-TV Guide Intl (MM)

4.41
0.00 (0.00%)
17 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gemstar-TV Guide Intl (MM) NASDAQ:GMST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.41 0 00:00:00

Gemstar-TV Guide and Digeo Enter Into Patent License Agreement

21/04/2008 1:45pm

Business Wire


Gemstar-TV Guide Intl (MM) (NASDAQ:GMST)
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Gemstar-TV Guide (NASDAQ: GMST), a leading media, entertainment and technology company, and Digeo, Inc., maker of the Moxi® DVR, which includes the Emmy®-award winning Moxi Menu, today announced that they have entered into a multi-year patent license agreement and settled their outstanding litigation by mutually dismissing claims. In the agreement, Gemstar TV-Guide provides Digeo with a patent license to cover Digeo’s currently deployed program guides (IPGs), as well as IPGs that Digeo plans to deploy with service providers and for use on consumer electronic (CE) and personal computer (PC) platforms. Financial terms were not disclosed. About Gemstar-TV Guide Gemstar-TV Guide International, Inc. (the “Company”) (NASDAQ: GMST) is a leading global media, entertainment, and technology company that develops, licenses, markets and distributes products and services that maximize the video guidance and entertainment experience for consumers. The Company's businesses include: television, publishing, and new media properties; interactive program guide services and products; and intellectual property licensing. Additional information about the Company can be found at www.gemstartvguide.com. About Digeo, Inc. Digeo, Inc. creates state-of-the-art home entertainment technologies, including digital media recorder (DMR) platforms and services. The company’s mission is to enable the best consumer experience in high-definition entertainment for the connected home. Digeo's flagship product - the two-time Emmy® Award-winning Moxi Media Center - serves as a hub for whole-home distribution of digital entertainment and more than 400,000 units have been shipped to more than 100 markets by eight cable operators nationwide. The company also licenses its technology to third-party companies as the user interface, application or customer connection portal to drive their products or services. Backed primarily by Paul Allen's Vulcan, Inc., Digeo is based in Kirkland, Wash. For more information, please visit www.digeo.com. This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that may cause actual performance or results to differ materially from those in the forward-looking statements, including risks and uncertainties related to the timely availability and market acceptance of products and services incorporating the Company's technologies and content; our investments in new and existing businesses; the impact of competitive products and services; the pending acquisition of the Company by Macrovision Corporation and events and circumstances related thereto; and the other risks detailed from time to time in the Company's SEC reports, including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements Note to Editors: Gemstar and TV Guide are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. and/or its subsidiaries. The names of other companies, products and services used herein are for identification purposes only and may be trademarks of their respective owners. Digeo®, Moxi® are the trademarks and/or registered trademarks of Digeo, Inc. Use of the trademarks and service marks of the National Television Academy (“NTA”), including the mark EMMY®, requires the prior express written permission of National Television Academy. All other marks are the property of their respective owners.

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