Liberty Global Renews, Extends TiVo Deal

Liberty Global (NASDAQ:LBTYA) has renewed its existing product agreements and signed a multi-year extension to its intellectual property (IP) license with TiVo (NASDAQ:TIVO). The extension provides Liberty Global with expanded access to TiVo's patent portfolios and covers all Liberty Global subsidiaries.

"We have a longstanding, wide-ranging relationship with Liberty Global around the world as a trusted technology supplier," said Tom Carson, president and CEO, TiVo. "Liberty Global's expanded license helps them optimize entertainment experiences for their customers and underscores the value TiVo brings to modern TV and broadband leaders around the world."