PORTLAND, Ore., Oct. 20, 2014 /PRNewswire/ -- Rentrak (NASDAQ: RENT), the leader in precisely measuring movies and TV everywhere, today announced that it has been granted a patent by the U.S. Patent and Trademark Office for the method and system behind measuring the status of return path TVs (also known as set-top boxes). This is an important component of Rentrak's massive and passive ratings service, which will soon measure 60 million return path TVs for live and DVR viewing and more than 114 million TVs for Video on Demand viewing.

U.S. Patent 8,863,166 is for a system to identify when TV sets are off, but the set-top-box is on. Because it often happens that a set-top box is left on when the television is turned off, this process is crucial to the measurement of viewing based on return-path TVs. Rentrak's approach includes more than 10,000 statistical models to identify specific viewing situations.

"This is great news for Rentrak and the video industry," said Rentrak's Vice Chairman and CEO Bill Livek. "This patent recognizes the fact that only Rentrak has the intellectual property and years of experience to precisely measure TV viewing everywhere. This technology is an integral part of providing massive and passive television measurement for our clients."

About Rentrak
Rentrak (NASDAQ: RENT) is the entertainment and marketing industries' premier provider of worldwide consumer viewership information, precisely measuring actual viewing behavior of movies and TV everywhere. Using our proprietary intelligence and technology, combined with Advanced Demographics, only Rentrak is the census currency for VOD and movies. Rentrak provides the stable and robust audience measurement services that movie, television and advertising professionals across the globe have come to rely on to better deliver their business goals and more precisely target advertising across numerous platforms including box office, multiscreen television and home video. For more information on Rentrak, please visit www.rentrak.com.

Contact for Rentrak
Antoine Ibrahim
Office: 646-722-1561
E-mail: aibrahim@rentrak.com

Rentrak is the entertainment industry's premier provider of worldwide consumer viewership information, measuring movie and television content everywhere the consumer is watching including box office, multiscreen television and home video.

Logo - http://photos.prnewswire.com/prnh/20130114/LA42144LOGO

SOURCE Rentrak

Copyright 2014 PR Newswire

Rent the Runway (NASDAQ:RENT)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Rent the Runway Charts.
Rent the Runway (NASDAQ:RENT)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Rent the Runway Charts.