ROVI

Rovi Corporation

TMT


Presented:04/24/2013
Price:$22.41
Cap:$22,574.10B
Current Price:$6.09
Cap:$0.77B

Presented

Date04/24/2013
Price$22.41
Market Cap$22,574.10B
Ent Value$2.88B
P/E RatioN/A
Book Value$12.51
Div YieldN/A
Shares O/S100.73M
Ave Daily Vol1,050,000
Short Int0.82%

Current

Price$6.09
Market Cap$0.77B
Rovi Corporation provides integrated solutions that enable the discovery, delivery, display, and monetization of digital entertainment. It offers content discovery solutions, including interactive program guides; search and recommendations; cloud data services; and database of information about television, movie, music, books, and game content. The company also provides video display and delivery solutions consisting of video compression-decompression technology to enable distribution of content across the Internet and through recordable media in either physical or streamed forms; and content protection technologies and services, as well as advertising solutions comprising Rovi Advertising Network and the Rovi Advertising services. In addition, the company licenses its media content/metadata, MainConcept codecs, and content protection technologies to entertainment companies. Its solutions are used in the cable, satellite, consumer electronics, entertainment, and online distribution markets worldwide. The company was formerly known as Macrovision Solutions Corporation and changed its name to Rovi Corporation in July 2009. Rovi Corporation was founded in 1983 and is headquartered in Santa Clara, California.

Highlights

ROVI – formerly known as Macrovision - holds over 5,000 issued or pending patents worldwide and licenses its discovery and delivery and display technology to entertainment companies. Customers such as DISH and Comcast must license ROVI’s technology, and the presenter sees the renewal of these licenses (more on this below), as well as the replacement of the management team, as bullish for the company. He is long shares and believes the stock should be worth as much as $30 per-share (~13x his forward earnings estimate) over the next one-to-two years for the following reasons:

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Idea Discussion

Commentor 1 - 2 weeks ago

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