Xperi Focuses on Media IP Amid Pay-TV Slide
CEO Jon Kirchner highlighted Xperi's media IP business on a Q2 call. (See Q2 materials here.) He called it a top strategic growth area as its pay-TV business declines along with industry trends. Revenue in that segment fell 9% year…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
on year to $54 million, Kirchner said Tuesday. IP licensing revenue was $101.8 million, media IP revenue up 40% as Comcast, Fox, Google and others renewed and/or expanded licenses. Total Xperi sales fell 4.7% to $222.3 million.