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Philips and Magnavox Extend Licensing Partnership with Funai

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.