TiVo Corporation, a global leader in entertainment technology and audience insights, today announced that TiVo has entered into a multi-year (IP) license agreement covering the consumer electronics brands of the Fnac Darty Group, the European retailer of entertainment and leisure products, consumer electronics and household appliances. The IP deal will enable Fnac Darty to implement TiVo technologies in Europe.
TiVo’s innovative solutions touch practically every aspect of consumers’ day-to-day interaction with their entertainment, enabling businesses to build customized, next-generation digital entertainment solutions for users around the globe.
Operating in eleven countries, Fnac Darty is a European leader in the retail of entertainment and leisure products, consumer electronics and household appliances. The group counts 26 000 employees and, as of December 2017, has a multi-format network of 728 stores, including 502 in France. Fnac Darty is France’s second e-commerce player in terms of traffic (near 20 million aggregated unique visitors per month) with its two retail websites, fnac.com and darty.com. A standard-setting omni-channel retailer, Fnac Darty posted pro forma revenues of €7.4Bn in 2017.
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