TiVo has announced a renewal of its IP licensing deal with Chinese consumer electronics company TCL, the No. 2 seller of smart TVs in North America. 

“TCL North America values its long-standing relationship with TiVo, and is proud to continue this partnership to support our growing product line-up,” said Jonathan King, VP of corporate & legal affairs for TCL, in a statement. “This expanded agreement further demonstrates TCL’s commitment and respect for intellectual property as we continue introducing industry-leading features and capabilities for our loyal users.”

Also read: TiVo Renews Patent Deal with Xfinity X1 Licensee Cox Communications

TiVo was purchased last year by San Diego tech company Xperi, creating an IP licensing powerhouse of more than 10,000 patents and patent applications. 

Xperi said during its fourth quarter earnings call that it expects its IP licensing business to generate around $350 million i revenue in 2021. 

The company recently settled a four-year legal dispute with Comcast, the lone maverick in the video technology business not paying it IP licensing fees. 

“We are thrilled to extend and expand our licensing partnership with TCL, America’s second largest TV brand, including its award-winning line of TCL TVs,” said Samir Armaly, president, IP licensing of Xperi. “We believe this agreement further demonstrates the continued relevance of our IP portfolio in the consumer electronics space. The licenses provided under our expanded agreement will enable TCL to continue delivering the very best experience for its customers, even as the television industry undergoes rapid transformation and change.”

TiVo today announced yet another new IP licensing extension, this one with LG Electronics.

The agreement expands on a previous patent agreement with the Rovi side of TiVo’s business, adding patents that fall under the legacy TiVo umbrella.

“Our licensing agreement with LG further solidifies our long-term partnership with them,” said Arvin Patel, executive VP and chief IP officer, TiVo, in a statement. “We are thrilled to be working with a leading consumer electronics brand and are excited to help further enhance their customers’ ability to discover and enjoy entertainment content on multiple devices.”

Related: TiVo Extends Patent Deal with Canada’s Shaw

The announcement came one day after TiVo touted a new extension with Canadian cable company Shaw Communications. Notably, Shaw licenses the X1 video platform from Comcast, which is currently battling TiVo in more than half a dozen venues over IP licensing.

TiVo is currently looking to split its IP licensing business from its products business. The former saw revenue drop 8% in the first quarter to just over $66.9 million. IP licensing revenue from consumer electronics makers like LG Electronics was down only 4% to $8.6 million, and revenue from international constituents was up 15% to nearly $16.2 million.

But the TiVo/Rovi patent business continued to struggle with domestic pay TV operators—the biggest segment of the company’s IP licensing operation. Revenue from this sector was down 16% year over year to $42.1 million.

TiVo attributed $8.9 million of the Q1 drop to the “expiration of legacy Time Warp agreements.”