In a new SEC filing, TiVo revealed that they’ve changed their relationship with TiVo Greater China (TGC):
On June 28, 2007, we exercised provisions in our license agreement with TGC, Inc. that ended TGC’s exclusive rights to use certain aspects of our technology and intellectual property in The People’s Republic of China (China), Singapore, Hong Kong, Macau, and The Republic of China (Taiwan). TGC continues to have a non-exclusive license to commercialize the licensed portions of our technology and intellectual property in those countries. As a result, we now have the ability to pursue licensing opportunities through direct relationships with broadcasters, video operators, and other significant media companies in those countries, which can now be structured similarly to our other recently announced international distribution agreements.
It looks like TiVo may be pursuing some direct relationships in these countries, or perhaps they weren’t satisfied with TGC’s progress in bringing TiVo to them. Though TGC has been selling TiVo in Taiwan, as well as Shanghai, China, for a while. And just recently closed another deal to bring TiVo to more cities in China.
TiVo has been getting more aggressive about overseas expansion, which is good. This makes me curious about what else might be in the works.
