Hitachi and Gemstar Sign Digital TV License Pact Sep 23, 2004

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Gemstar-TV Guide International Inc. and Hitachi America Ltd., a unit of Japanese consumer electronics company Hitachi Ltd., have signed an agreement that will make Gemstar's interactive TV Guides a feature in Hitachi digital televisions.

Under the multiyear agreement, Gemstar-TV Guide will receive a licensing fee for each Hitachi digital television sold in North America that includes the interactive TV Guide. The companies did not disclose specific financial details.

Gemstar-TV Guide said Hitachi is the latest television maker to incorporate the feature into its TVs. Gemstar said it has licensing agreements with a dozen other television makers.

The feature, called TV Guide On Screen, continuously updates program information and does not require any special connection, regardless of the source of the television signal, Gemstar said. (AP)

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