TiVo's Matthew Zinn Honored as 'Deal Maker of Year' by The Association of Media & Entertainment Counsel
SAN JOSE, CA--(Marketwire - Jan 15, 2013) - TiVo Inc. (
Zinn, who serves as Senior Vice President, General Counsel, Secretary and Chief Privacy Officer at TiVo, was recognized for his success in leading the Company's intellectual property defense efforts culminating in reaching settlement deals with DISH Network, AT&T, and Verizon resulting in guaranteed payments to TiVo of over $1 billion. In January 2012, Zinn's team settled patent litigation with AT&T and then Verizon in September 2012, guaranteeing TiVo at least $465 million from these settlements in addition to more than $600 million in consideration from the Company's 2011 settlement and damages from DISH.
"Matt brings an unparalleled level of expertise and legal acumen to nearly every aspect of TiVo's business," said Tom Rogers, CEO and President of TiVo. "This award is certainly well-deserved and, while it stems from Matt's rigorous efforts in the settlement of our patent litigations with AT&T and Verizon in 2012, it goes without saying that his entire body of work at TiVo, including his expert prosecution of our litigation against DISH two years ago, his regulatory dealings, and his role in helping TiVo secure multiple new television operator partnerships this year alone, among other notable achievements, is worthy of accolades. With Matt spearheading our in-house legal efforts and his track record of protecting our valuable portfolio of patents, we are extremely confident in our ongoing enforcement actions and the Company's ability to continue to deliver value to our shareholders from our efforts in defending TiVo's intellectual property."
Zinn said, "I am honored and humbled to receive this award. I am also fortunate to be part of a team of skilled attorneys who work tirelessly to successfully protect and further validate TiVo's intellectual innovations and bring them to our customers' homes around the globe."
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This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, TiVo's expectations with respect to its on-going intellectual property litigation. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings and lack of market acceptance, as well as the other potential factors described under "Risk Factors" in TiVo's public reports filed with the Securities and Exchange Commission, including TiVo's Annual Report on Form 10-K for the fiscal year ended January 31, 2012, Quarterly Reports on Form 10-Q for the periods ended April 30, 2012, July 31, 2012 and October 31, 2012 and Current Reports on Form 8-K. TiVo cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.