Comcast (NASDAQ: CMCSA, CMCSK), the nation's leading provider of cable, entertainment and communications products and services, and TiVo Inc. (NASDAQ: TIVO), the creator of and leader in television services for digital video recorders (DVRs), are demonstrating a new TiVo® service for Comcast DVRs at the 2007 International Consumer Electronics Show (CES). The companies began trialing the TiVo service for Comcast DVRs in late 2006.
The new service will offer consumers the ease and convenience of using a single digital cable set-top box to enjoy popular TiVo DVR features along with Comcast's innovative video-on-demand (VOD) service and the most high-definition (HD) television viewing choices for the first time. Working in concert with Comcast, TiVo has developed a software application that will enable Comcast to deploy the service for a modest monthly fee to existing set-top boxes without an additional in-home visit by a technician.
"The combination of our signature Comcast ON DEMAND and HD services with the TiVo interface will provide customers with the only integrated access to all of these outstanding services from one set-top box," said Mark Hess, Senior Vice President of Video Product Development for Comcast. "TiVo has been a great partner in developing this service, and we're proud of the work that our teams have done to deliver our customers a product that's simple, easy to use and is a great value."
"Collaborating with Comcast to make the state-of-the-art TiVo service available on their existing hardware platform is an important accomplishment for both companies," said Jeff Klugman, Senior Vice President for TiVo's Service Provider Division. "We're thrilled that the benefits of TiVo will soon be available to Comcast's millions of subscribers. Consumers know that it is not TiVo, unless it is a TiVo, and the TiVo service will enhance the cable television experience."
Comcast customers who choose the TiVo service will enjoy TiVo's Emmy Award-winning user interface and premium DVR features, smart search and discovery features including WishList® searches and TiVo Suggestions, plus improved scheduling and recording management through such features as Season Pass™ recordings. Comcast's unique service features, like the broadest selection of HD programming and more than 8,000 ON DEMAND programs each month will be fully integrated with the TiVo service, making it easy for customers to find great programming on traditional television channels and ON DEMAND.
About Comcast Cable
Comcast Corporation (NASDAQ: CMCSA, CMCSK) is the nation's leading provider of cable, entertainment and communications products and services. With 24.1 million cable customers, 11 million high-speed Internet customers, and 2.1 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
Comcast's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, AZN Television, PBS KIDS Sprout, TV One and four regional Comcast SportsNets. Comcast also has a majority ownership in Comcast Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.
About TiVo Inc.
Founded in 1997, TiVo (NASDAQ: TIVO) pioneered a brand new category of products with the development of the first commercially available digital video recorder (DVR). Sold through leading consumer electronic retailers, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its full set of DVR service features into the set-top boxes of mass distributors. TiVo's DVR functionality and ease of use, with such features as Season Pass™ recordings and WishList® searches and TiVo KidZone, has elevated its popularity among consumers and has created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo's DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos. With innovative features, such as TiVoToGo™ transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way.®" The TiVo® service is also at the forefront of providing innovative marketing solutions for the television industry, including a unique platform for advertisers and audience measurement research. The company is based in Alviso, Calif.