Philips and Magnavox have extended their licensing agreements with Japanese OEM Funai, enabling the company to continue marketing, selling and distributing TVs, DVD and Blu-ray players under the Philips and Magnavox brand names, as well as Magnavox-branded soundbars, in Canada, Mexico and the United States.
An exact timeframe for the new multi-year agreement hasn’t been disclosed but the renewal marks five years since the original partnerships were forged.