TiVo, a wholly-owned subsidiary of Xperi Holding Corp. (NASDAQ: XPER), on June 15 announced that it has signed a Master Services Agreement with the National Cable Television Cooperative, Inc. (NCTC).
The agreement concerns the newly-acquired MobiTV assets with the NCTC and its member companies, giving NCTC members the opportunity to continue to receive the MobiTV IPTV service, now owned and operated by TiVo.
According to a statement, the agreement covers TiVo’s implementation and management of the IPTV service that TiVo recently acquired from MobiTV.
The solution includes a managed Pay-TV service, which is a shared offering that leverages the TiVo Licensed Media Software that enables customers to navigate linear, On Demand, and network DVR services from TiVo’s centralized data center.
“MobiTV’s assets provide the opportunity to expand and enhance our IPTV solutions for existing TiVo customers as well as continuing to service newly-acquired MobiTV customers,” said Jeffrey Glahn, Xperi's senior vice president of global sales.
He added, “This agreement allows a seamless transition for existing MobiTV customers to enjoy the offerings at TiVo and enables NCTC to provide continued value to its members in a time of industry transition.”
“We are pleased to have reached agreement with TiVo,”concluded Rich Fickle, NCTC former CEO and president. “TiVo’s brand reputation, financial stability, and track record in the industry provides NCTC members a strong option. Over the last three months NCTC worked on a priority basis to help ensure that the MobiTV service continued in the hands of a viable, focused provider such as TiVo.“
NCTC members and companies interested in opting into the TiVo MobiTV program or learning more should contact their NCTC or TiVo representative. Learn more at https://www.nctconline.org/.