Rovi and LG Expand Relationship With New Multi-Year Worldwide DivX Licensing Agreement

February 26, 2013

LG First to License DivX Plus Streaming for Mobile Devices

Company Release – 2/26/2013 2:30 AM ET

BARCELONA, Spain, Feb. 26, 2013 (GLOBE NEWSWIRE) — Mobile World Congress 2013 — Rovi Corporation (Nasdaq:ROVI), driving digital entertainment innovation, today announced that Rovi and LG Electronics have agreed to renew a multi-year worldwide DivX license. In addition to renewing LG’s long-standing support for DivX® video playback in LG consumer electronics devices, the agreement also includes the licensing of DivX Plus Streaming® for LG mobile devices. The inclusion of Rovi’s adaptive streaming format will enable LG to deploy mobile devices compatible with a range of video services from retailers, operators, and content owners, and that deliver an enhanced streaming experience to consumers.

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