TiVo to Merge With Xperi Corp in $2.4 Billion All-Stock Deal

TiVo, the inventor of the digital video recorder, and the audio and imaging technology firm Xperi Corp. on Thursday announced a definitive agreement to merge in an all-stock deal that would give the combined company an equity value of $2.4 billion.

TiVo shareholders would own 54% of the combined company, which would be run by current Xperi CEO Jon Kirchner.

The new company had $1.09 billion in TiVo revenue and Xperi billings and more than $250 million in operating cash flow on a pro forma basis for the twelve months that ended Sept. 30, 2019. The companies expect to achieve at least $50 million in savings by year-end 2021 through the merger.

Also Read: 12 Biggest Media and Tech Deals of the Decade, From Facebook-Instagram to Disney-Fox

On Wednesday, TiVo stock closed at $7.89, up 3.27%, while Xperi shares fell 1.55% to $20.94. Each company has a market cap of roughly $1 billion. The combined enterprise value is approximately $3 billion.

Due to the deal, TiVo will suspend its plan to spin off its patent portfolio in the first half of 2020. San Jose-based Xperi also has a portfolio of patents, licensing software for playing back high-definition sounds on consumer electronics and imaging software that lets smartphone cameras recognize faces.

“There is more content, and more ways to enjoy that content, than ever before,” TiVo CEO David Shull said in a statement. “In a rapidly expanding and fragmenting digital universe, consumers want and need to be able to easily find and enjoy the content that matters to them. TiVo has always been the company that brings entertainment together. Now, we can significantly expand our mission. With Xperi’s annual licensing of more than 100 million connected TV units, and complementary relationships with major content providers, consumer electronics manufacturers, and automotive original equipment manufacturers, our combined company will transform the home, car, and mobile entertainment experience for the consumer.”

Also Read: How New AI Technology Is Revolutionizing TV Viewing (Guest Blog)

“This landmark combination brings together two highly complementary companies poised to set the industry standard for user experiences across the digital value chain,” Jon Kirchner, CEO of Xperi, said. “Together, we will be able to integrate TiVo’s leading content aggregation, metadata, discovery, and recommendation capabilities with our home, automotive, and mobile technology solutions to help our customers create experiences that excite and delight consumers. Additionally, the combined company will continue to unlock the value of our strategic and sizable patent portfolios by bringing together our deep industry expertise and powerful innovation engines. Through greater scale and diversity, we will deliver attractive and sustainable long-term cash flow and shareholder value.”

Winter TV 2020: Premiere Dates for New and Returning Shows (Photos)

Winter is well underway and with it, naturally, comes the Winter TV season. In honor of the colder months and their small-screen offerings, TheWrap has rounded up the premiere dates for not just the new and returning shows on Fox, ABC, NBC, CBS and The CW, but also the ones for the eagerly anticipated series hitting cable channels and streaming services this winter. Click through our gallery to find out when your favorite winter shows will be back and when your possible new favorites will debut.

Also Read: Why Netflix Is Betting You’ll Want ‘The Witcher’ Season 2 – Before You’ve Seen Season 1
ABC/AMC/NBC/Netflix
Series: "Dracula" Net: Netflix Premiere Date: Saturday, Jan. 4 Time: N/A
Netflix
Series: "Say Yes to the Dress: America" Net: TLC Premiere Date: Saturday, Jan. 4 Time: 8 p.m.
TLC
Series: "Sister Wives" Net: TLC Premiere Date: Sunday, Jan. 5 Time: 8 p.m.
TLC
Series: "Naked and Afraid: Alone" Net: Discovery Channel Premiere Date: Sunday, Jan. 5 Time: 10 p.m.
Discovery Channel
Series: "America's Got Talent: The Champions" Net: NBC Premiere Date: Monday, Jan. 6 Time: 8 p.m.
NBC
Series: "The Bachelor" Net: ABC Premiere Date: Monday, Jan. 6 Time: 8 p.m.
ABC
Series: "Love & Hip Hop: Miami" Net: VH1 Premiere Date: Monday, Jan. 6 Time: 9 p.m.
VH1
Series: "Manifest" Net: NBC Premiere Date: Monday, Jan. 6 Time: 10 p.m.
NBC
Series: "Ellen's Game of Games" Net: NBC Premiere Date: Tuesday, Jan. 7 Time: 8 p.m.
NBC
Series: "Jeopardy: The Greatest of All Time" Net: ABC Premiere Date: Tuesday, Jan. 7 Time: 8 p.m.
ABC
Series: "Nick Cannon Presents: Wild N' Out" Net: VH1 Premiere Date: Tuesday, Jan. 7 Time: 8 p.m.
VH1
Series: "Gordon Ramsay's 24 Hours to Hell and Back" Net: Fox Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
Fox
Series: "The Haves and the Have Nots" Net: OWN Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
OWN
Series: "Schitt's Creek" Net: Pop TV Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
Pop TV
Series: "Vanderpump Rules" Net: Bravo Premiere Date: Tuesday, Jan. 7 Time: 9 p.m.
Bravo
Series: "FBI: Most Wanted" Net: CBS Premiere Date: Tuesday, Jan. 7 Time: 10 p.m.
CBS
Series: "Zoey's Extraordinary Playlist" Net: NBC Premiere Date: Tuesday, Jan. 7 Time: 10 p.m.
NBC
Series: "Cheer" Net: Netflix Premiere Date: Wednesday, Jan. 8 Time: N/A
Netflix
Series: "Undercover Boss" Net: CBS Premiere Date: Wednesday, Jan. 8 Time: 8 p.m.
CBS
Series: "Catfish: The TV Show" Net: MTV Premiere Date: Wednesday, Jan. 8 Time: 8 p.m.
MTV
Series: "Criminal Minds" Net: CBS Premiere Date: Wednesday, Jan. 8 Time: 9 p.m.
CBS
Series: "America's Top Dog" Net: A&E Premiere Date: Wednesday, Jan. 8 Time: 9 p.m.
A&E
Series: "Party of Five" Net: Freeform Premiere Date: Wednesday, Jan. 8 Time: 9 p.m.
Freeform
Series: "Medical Police" Net: Netflix Premiere Date: Friday, Jan. 10 Time: N/A
Netflix
Series: "AJ & The Queen" Net: Netflix Premiere Date: Friday, Jan. 10 Time: N/A
Netflix
Series: "Lincoln Rhyme: Hunt for the Bone Collector" Net: NBC Premiere Date: Friday, Jan. 10 Time: 8 p.m.
NBC
Series: "The Outsider" Net: HBO Premiere Date: Sunday, Jan. 12 Time: 9 p.m.
HBO
Series: "The New Pope" Net: HBO Premiere Date: Monday, Jan. 13 Time: 9 p.m.
HBO
Series: "Grace & Frankie" Net: Netflix Premiere Date: Wednesday, Jan. 15 Time: N/A
Netflix
Series: "The Magicians" Net: Syfy Premiere Date: Wednesday, Jan. 15 Time: 10 p.m.
Syfy
Series: "68 Whiskey" Net: Paramount Network Premiere Date: Wednesday, Jan. 15 Time: 10 p.m.
Paramount Network
Series: "Listing Impossible" Net: CNBC Premiere Date: Wednesday, Jan. 15 Time: 10 p.m.
CNBC
Series: "Killer Inside: The Mind of Aaron Hernandez" Net: Netflix Premiere Date: Wednesday, Jan. 15 Time: N/A
Netflix
Series: "Grown-ish" Net: Freeform Premiere Date: Thursday, Jan. 16 Time: 8 p.m.
Freeform
Series: "Everything's Gonna Be Okay" Net: Freeform Premiere Date: Thursday, Jan. 16 Time: 8:30 p.m.
Freeform
Series: "Little America" Net: Apple TV+ Premiere Date: Friday, Jan. 17 Time: N/A
Apple TV+
Series: "Diary of a Future President" Net: Disney+ Premiere Date: Friday, Jan. 17 Time: N/A
Disney+
Series: "Sex Education" Net: Netflix Premiere Date: Friday, Jan. 17 Time: N/A
Netflix
Series: "Seven Worlds, One Planet" Net: BBC America Premiere Date: Saturday, Jan. 18 Time: 9 p.m.
BBC America
Series: "Avenue 5" Net: HBO Premiere Date: Sunday, Jan. 19 Time: 10 p.m.
HBO
Series: "9-1-1: Lone Star" Net: Fox Premiere Date: Sunday, Jan. 19 Time: 10 p.m.
Fox
Series: "Curb Your Enthusiasm" Net: HBO Premiere Date: Sunday, Jan. 19 Time: 10:30 p.m.
HBO
Series: "Brain Games" Net: Nat Geo Premiere Date: Monday, Jan. 20 Time: 9 p.m.
Nat Geo
Series: "Home Town" Net: HGTV Premiere Date: Monday, Jan. 20 Time: 9 p.m.
HGTV
Series: "DC's Legends of Tomorrow" Net: The CW Premiere Date: Tuesday, Jan. 21 Time: 9 p.m.
The CW
Series: "Project Blue Book" Net: History Channel Premiere Date: Tuesday, Jan. 21 Time: 10 p.m.
History
Series: "Awkwafina Is Nora From Queens" Net: Comedy Central Premiere Date: Wednesday, Jan. 22 Time: 10:30 p.m.
Comedy Central
Series: "Star Trek: Picard" Net: CBS All Access Premiere Date: Thursday, Jan. 23 Time: N/A
CBS All Access
Series: "Station 19" Net: ABC Premiere Date: Thursday, Jan. 23 Time: 8 p.m.
ABC
Series: "Outmatched" Net: Fox Premiere Date: Thursday, Jan. 23 Time: 8:30 p.m.
Fox
Series: "The Bold Type" Net: Freeform Premiere Date: Thursday, Jan. 23 Time: 9 p.m.
Freeform
Series: "Chilling Adventures of Sabrina" Net: Netflix Premiere Date: Friday, Jan. 24 Time: N/A
Netflix
Series: "The Ranch" Net: Netflix Premiere Date: Friday, Jan. 24 Time: N/A
Netflix
Series: "Shrill" Net: Hulu Premiere Date: Friday, Jan. 24 Time: N/A
Hulu
Series: "Goop Lab with Gwyneth Paltrow" Net: Netflix Premiere Date: Friday, Jan. 24 Time: N/A
Netflix
Series: "The Circus" Net: Showtime Premiere Date: Sunday, Jan. 26 Time: 8 p.m.
Showtime
Series: "Our Cartoon President" Net: Showtime Premiere Date: Sunday, Jan. 26 Time: 8:30 p.m.
Showtime
Series: "Justin Bieber: Seasons" Net: YouTube Premiere Date: Monday, Jan. 27 Time: N/A
YouTube
Series: "Biggest Loser" Net: USA Network Premiere Date: Tuesday, Jan. 28 Time: 9 p.m.
USA Network
Series: "Miracle Workers: Dark Ages" Net: TBS Premiere Date: Tuesday, Jan. 28 Time: 10:30 p.m.
TBS
Series: "Next in Fashion" Net: Netflix Premiere Date: Wednesday, Jan. 29 Time: N/A
Netflix
Series: "Miz & Mrs." Net: USA Network Premiere Date: Wednesday, Jan. 29 Time: 10 p.m.
USA Network
Series: "The Stranger" Net: Netflix Premiere Date: Thursday, Jan. 30 Time: N/A
Netflix
Series: "BoJack Horseman" Net: Netflix Premiere Date: Friday, Jan. 31 Time: N/A
Netflix
Series: "Ted Bundy: Falling for a Killer" Net: Amazon Prime Video Premiere Date: Friday, Jan. 31 Time: N/A
Amazon Prime Video
Series: "Ragnorak" Net: Netflix Premiere Date: Friday, Jan. 31 Time: N/A
Netflix
Series: "The Masked Singer" Net: Fox Premiere Date: Sunday, Feb. 2 Time: 10:30 p.m.
Fox
Series: "Manhunt: Deadly Games" Net: Spectrum Premiere Date: Monday, Feb. 3 Time: N/A
Spectrum
Series: "McMillions" Net: HBO Premiere Date: Monday, Feb. 3 Time: 10 p.m.
HBO
Series: "Desus & Mero" Net: Showtime Premiere Date: Monday, Feb. 3 Time: 11 p.m.
Showtime
Series: "Lego Masters" Net: Fox Premiere Date: Wednesday, Feb. 5 Time: 9 p.m.
Getty
Series: "Interrogation" Net: CBS All Access Premiere Date: Thursday, Feb. 6 Time: N/A
CBS All Access
Series: "Katy Keene" Net: The CW Premiere Date: Thursday, Feb. 6 Time: 8 p.m.
The CW
Series: "Brooklyn Nine-Nine" Net: NBC Premiere Date: Thursday, Feb. 6 Time: 8 p.m.
NBC
Series: "The Sinner" Net: USA Network Premiere Date: Thursday, Feb. 6 Time: 9 p.m.
USA Network
Series: "Indebted" Net: NBC Premiere Date: Thursday, Feb. 6 Time: 9:30 p.m.
NBC
Series: "Tommy" Net: CBS Premiere Date: Thursday, Feb. 6 Time: 10 p.m.
CBS
Series: "Briarpatch" Net: USA Network Premiere Date: Thursday, Feb. 6 Time: 10 p.m.
USA Network
Series: "Mythic Quest: Raven's Banquet" Net: Apple TV+ Premiere Date: Friday, Feb. 7 Time: N/A
Apple TV+
Series: "Locke & Key" Net: Netflix Premiere Date: Friday, Feb. 7 Time: N/A
Netflix
Series: "MacGyver" Net: CBS Premiere Date: Friday, Feb. 7 Time: 8 p.m.
CBS
Series: "High Maintenance" Net: HBO Premiere Date: Friday, Feb. 7 Time: 11 p.m.
HBO
Series: "Homeland" Net: Showtime Premiere Date: Sunday, Feb. 9 Time: 9 p.m.
Showtime
Series: "Kidding" Net: Showtime Premiere Date: Sunday, Feb. 9 Time: 10 p.m.
Showtime
Series: "Cherish the Day" Net: OWN Premiere Date: Tuesday, Feb. 11 Time: 10 p.m.
OWN
Series: "For Life" Net: ABC Premiere Date: Tuesday, Feb. 11 Time: 10 p.m.
ABC
Series: "Survivor" Net: CBS Premiere Date: Wednesday, Feb. 12 Time: 8 p.m.
CBS
Series: "The Soup" Net: E! Premiere Date: Wednesday, Feb. 12 Time: 10 p.m.
E!
Series: "Narcos: Mexico" Net: Netflix Premiere Date: Thursday, Feb. 13 Time: N/A
Netflix
Series: "Love Is Blind" Net: Netflix Premiere Date: Thursday, Feb. 13 Time: N/A
Netflix
Series: "High Fidelity" Net: Hulu Premiere Date: Friday, Feb. 14 Time: N/A
Hulu
Series: "Utopia Falls" Net: Hulu Premiere Date: Friday, Feb. 14 Time: n/A
Hulu
Series: "Visible: Out on Television" Net: Apple TV+ Premiere Date: Friday, Feb. 14 Time: N/A
Apple TV+
Series: "Outlander" Net: Starz Premiere Date: Sunday, Feb. 16 Time: 8 p.m.
Starz
Series: "American Idol" Net: ABC Premiere Date: Sunday, Feb. 16 Time: 8 p.m.
ABC
Series: "Duncanville" Net: Fox Premiere Date: Sunday, Feb. 16 Time: 8:30 p.m.
Fox
Series: "Extreme Makeover: Home Edition" Net: HGTV Premiere Date: Sunday, Feb. 16 Time: 9 p.m.
HGTV
Series: "Good Girls" Net: NBC Premiere Date: Sunday, Feb. 16 Time: 10 p.m.
NBC
Series: "Last Week Tonight With John Oliver" Net: HBO Premiere Date: Sunday, Feb. 16 Time: 11 p.m.
HBO
Series: "Sacred Lies" Net: Facebook Watch Premiere Date: Thursday, Feb. 20 Time: N/A
Facebook Watch
Series: "The Chef Show" Net: Netflix Premiere Date: Wednesday, Feb. 19 Time: N/A
Netflix
Series: "Gentefied" Net: Netflix Premiere Date: Friday, Feb. 21 Time: N/A
Netflix
Series: "Hunters" Net: Amazon Prime Video Premiere Date: Friday, Feb. 21 Time: N/A
Amazon Prime Video
Series: "Better Call Saul" Net: AMC Premiere Date: Sunday, Feb. 23 Time: 10 p.m.
AMC
Series: "The Voice" Net: NBC Premiere Date: Monday, Feb. 24 Time: 8 p.m.
NBC
Series: "Little Big Shots" Net: NBC Premiere Date: Monday, Feb. 24 Time: 10 p.m.
NBC
Series: "I Am Not Okay With This" Net: Netflix Premiere Date: Wednesday, Feb. 26 Time: N/A
Netflix
Series: "Altered Carbon" Net: Netflix Premiere Date: Thursday, Feb. 27 Time: N/A
Netflix
Series: "Jersey Shore: Family Vacation" Net: MTV Premiere Date: Thursday, Feb. 27 Time: 8 p.m.
MTV
Series: "RuPaul's Drag Race" Net: Vh1 Premiere Date: Friday, Feb. 28 Time: 8 p.m.
Vh1
Series: "Dispatches From Elsewhere" Net: AMC Premiere Date: Sunday, March 1 Time: 10 p.m.
AMC
Series: "Breeders" Net: FX Premiere Date: Monday, March 2 Time: 10 p.m.
FX
Series: "Twenties" Net: BET Premiere Date: Wednesday, March 4 Time: 10 p.m.
BET
Series: "The Deed: Chicago" Net: CNBC Premiere Date: Wednesday, March 4 Time: 10 p.m.
CNBC
Series: "Dave" Net: FXX Premiere Date: Wednesday, March 4 Time: 10 p.m.
FXX
Series: "Castlevania" Net: Netflix Premiere Date: Thursday, March 5 Time: N/A
Netflix
Series: "Devs" Net: FX on Hulu Premiere Date: Thursday, March 5 Time: N/A
FX
Series: "Better Things" Net: FX Premiere Date: Thursday, March 5 Time: 10 p.m.
FX
Series: "Cake" Net: FXX Premiere Date: Thursday, March 5 Time: 10 p.m.
FXX
Series: "Amazing Stories" Net: Apple TV+ Premiere Date: Friday, March 6 Time: N/A
Apple TV+
Series: "Hillary" Net: Hulu Premiere Date: Friday, March 6 Time: N/A
Hulu
Series: "The Most Dangerous Animal of All" Net: FX Premiere Date: Friday, March 6 Time: 10 p.m.
FX
Series: "Ride With Norman Reedus" Net: AMC Premiere Date: Sunday, March 8 Time: 11 p.m.
AMC
Series: "Cosmos: Possible Worlds" Net: Nat Geo Premiere Date: Monday, March 9 Time: 9 p.m.
Nat Geo
Series: "Council of Dads" Net: NBC Premiere Date: Tuesday, March 10 Time: 10 p.m.
NBC
Series: "On My Block" Net: Netflix Premiere Date: Wednesday, March 11 Time: N/A
Netflix
Series: "Elite" Net: Netflix Premiere Date: Friday, March 13 Time: N/A
Netflix
Series: "Flack" Net: Pop TV Premiere Date: Friday, March 13 Time: 10 p.m.
Pop TV
Series: "The Wall" Net: NBC Premiere Date: Sunday, March 15 Time: 7 p.m.
NBC
Series: "Westworld" Net: HBO Premiere Date: Sunday, March 15 Time: 9 p.m.
HBO
Series: "Black Monday" Net: Showtime Premiere Date: Sunday, March 15 Time: 10 p.m.
Showtime
Series: "Roswell, New Mexico" Net: The CW Premiere Date: Monday, March 16 Time: 9 p.m.
The CW
Series: "The Plot Against America" Net: HBO Premiere Date: Monday, March 16 Time: 9 p.m.
HBO
Series: "My Brilliant Friend" Net: HBO Premiere Date: Monday, March 16 Time: 10 p.m.
HBO
Series: "Motherland: Fort Salem" Net: Freeform Premiere Date: Wednesday, March 18 Time: 9 p.m.
Freeform
Series: "Little Fires Everywhere" Net: Hulu Premiere Date: Wednesday, March 18 Time: N/A
Hulu
Series: "Brockmire" Net: IFC Premiere Date: Wednesday, March 18 Time: 10 p.m.
IFC

1 of 138

Here’s when 137 broadcast, cable and streaming series debut and come back

Winter is well underway and with it, naturally, comes the Winter TV season. In honor of the colder months and their small-screen offerings, TheWrap has rounded up the premiere dates for not just the new and returning shows on Fox, ABC, NBC, CBS and The CW, but also the ones for the eagerly anticipated series hitting cable channels and streaming services this winter. Click through our gallery to find out when your favorite winter shows will be back and when your possible new favorites will debut.

Also Read: Why Netflix Is Betting You’ll Want ‘The Witcher’ Season 2 – Before You’ve Seen Season 1

View In Gallery

Winter TV 2020: Premiere Dates for New and Returning Shows (Photos)

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