Rovi Shareholder revolts

Rovi’s trouble is not over. After loosing 10 lawsuits against Virgin and some against Ziggo (and recently a preliminairy one against Netflix) in attempts to solidify their patent position in EPGs one of their larger shareholders (Engaged Capital) is saying it has to end. And they have had to propose alternative candidates to the board of director and succeeded in removing the sitting chairman.

As clearly outlined by their call to gain votes from the shareholders Rovi has not been doing well, and it seems it is no longer gaining any new ground (and even loosing ground it thought it had). See this new article from Engaged Capital (keeping in mind this company has a large stake in the future value of Rovi).
Source: Activist shareholders oust Rovi chairman