Verizon Licenses Gemstar-TV Guide IPG Patents

In Gemstar-TV Guide International’s first such deal with a telco TV provider, it signed a patent-licensing agreement with Verizon Communications for interactive program guides and related technology.

Under the agreement, the two companies will also jointly develop a solution to let Verizon’s FiOS TV customers remotely schedule recordings on their digital-video recorders using TV Guide’s listings.

Financial terms of the deal were not disclosed.