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Gemstar-TV

Started by Gregg Lengling, Tuesday Sep 14, 2004, 12:06:05 PM

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Gregg Lengling

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Press Release Source: Gemstar-TV Guide International, Inc.


Gemstar-TV Guide Announces Multi-Year IPG License Agreement for Sony's Digital TVs, Digital Recording Devices and Set-Top Boxes in The U.S.
Monday September 13, 8:38 am ET  
Agreement Signals Continued Widespread Demand for Gemstar-TV Guide's IPG for CE Products


LOS ANGELES--(BUSINESS WIRE)--Sept. 13, 2004-- Gemstar-TV Guide International, Inc. (NASDAQ: GMST - News) announced it has signed a multi-year agreement with Sony Corporation to incorporate TV Guide On Screen, Gemstar-TV Guide's interactive program guide (IPG) for consumer electronics, into Sony's digital televisions, DVD recorders, and CableCARD set-top boxes in the U.S. market. With this agreement, Gemstar-TV Guide now licenses its consumer electronics IPG and technology to Sony in two regions, the U.S. and Japan.

 
 
TV Guide On Screen is built directly into consumer electronics products, providing the consumer the industry's most advanced interactive program guide. The most widely-available interactive program guide for consumers using CableCARD(TM) products, TV Guide On Screen allows viewers with digital-cable ready TVs, recorders and set-top boxes to enjoy the convenience and features of an IPG while using CableCARD technology. CableCARD technology allows viewers to receive premium digital cable television without a set-top box.

"TV Guide On Screen allows consumers to use the latest televisions and recording devices to their fullest potential, by providing a quick, easy and free way to navigate their programming options and schedule recordings," said Doug Macrae, president of TV Guide Consumer Electronics. "This agreement reinforces value the industry places on Gemstar-TV Guide's IPG product, brand and intellectual property. We are very excited to have our technology included across Sony's wide range of digital televisions and recording devices."

Sony Corporation is among a dozen consumer electronics manufacturers licensing TV Guide On Screen in North America in the past two years, including: JVC, LG/Zenith, Matsushita (Panasonic), Mitsubishi, Philips, Pioneer, Samsung, Sharp, Thomson (makers of the RCA, GE and Scenium brands), TiVo, and Toshiba.

TV Guide On Screen is an IPG that is built directly into consumer electronics products, including digital televisions, digital video recorders (DVRs) and DVD recorders. The guide offers interactive on-screen program listings from TV Guide, the most trusted name in television guidance, that enable viewers to quickly and easily navigate, sort, select, and schedule television programming for viewing and recording, all with simple remote control commands.

TV Guide On Screen's patented technology delivers continually updated program listings to users, regardless of whether they receive their television signal via cable or over-the-air broadcast. TV Guide On Screen works by simply plugging in the television or recording device and activating the guide through an express set-up process. The guide requires no subscription or phone connection and is available at no extra cost to the consumer.

TV Guide On Screen, Inc. is a subsidiary of Gemstar-TV Guide, International, Inc.

About Gemstar-TV Guide International, Inc.

Gemstar-TV Guide International, Inc., is a leading media and technology company that develops, licenses, markets and distributes technologies, products and services targeted at the television guidance and home entertainment needs of consumers worldwide. The Company's businesses include: television media and publishing properties; interactive program guide services and products; and technology and intellectual property licensing. Additional information about the Company can be found at //www.gemstartvguide.com.

Except for historical information contained herein, the matters discussed in this news release contain forward-looking statements that involve risks and uncertainties, including risks and uncertainties related to the Company's transition to a new management and corporate governance structure; an ongoing SEC investigation and pending litigation; the timely availability and acceptance of new products; the impact of competitive products and pricing; and the other risks detailed from time to time in the Company's SEC reports, including the most recent reports on Forms 10-K, 8-K and 10-Q, 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-TV Guide and TV Guide On Screen are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. The names of other companies and products used herein are for identification purposes only and may be trademarks of their respective owners.



--------------------------------------------------------------------------------
Contact:
     Gemstar-TV Guide
     Marisa Grimes (Media)
     212-852-7571
     marisa.grimes@tvguide.com
     or
     Robert L. Carl (Analysts)
     323-817-4600
     robert.carl@tvguide.com
Gregg R. Lengling, W9DHI
Living the life with a 65" Aquos
glengling at milwaukeehdtv dot org  {fart}