|By Marketwired .||
|November 27, 2012 07:51 AM EST||
SAN JOSE, CA and PHOENIX, AZ -- (Marketwire) -- 11/27/12 -- TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, and Cable ONE, a cable systems operator serving more than 740,000 customers in 19 states with high speed internet, cable television and telephone service, today announced that Cable ONE has selected TiVo as its exclusive software provider for all new DVRs purchased and plans to offer its subscribers TiVo's unmatched user experience and next-generation video services starting with TiVo's leading whole-home and multi-screen suite of products.
Cable ONE, the tenth largest U.S. cable operator, will commence rollout of its TiVo offering beginning during the first half of next year as part of its broader plan to make the TiVo experience available throughout its footprint in 2013.
"The way our subscribers consume video entertainment is rapidly changing and we focused on a solution that will put an extensive amount of content choice right at the viewers' fingertips in a way that is easy to find and watch -- on any screen," said Jerry McKenna, Senior Vice President, Chief Sales and Marketing Officer of Cable ONE. "Collaborating with TiVo allows us to quickly implement a cost-effective and market-tested offering that immediately gives our subscribers access to the best TV experience on any screen in the home. TiVo's multiplatform solution allows Cable ONE to simultaneously deliver existing QAM linear and next generation IP on demand video experiences which is one more reason we are extremely excited to team up with TiVo and eager to begin the rollout."
With TiVo's leading user experience, Cable ONE subscribers will be able to quickly navigate, search and discover millions of pieces of content through an unmatched whole home solution that seamlessly provides access to Cable ONE's vast linear catalog, recorded programming and IP content (OTT & VOD) to any screen, including DVRs, low-cost IP STBs, tablets and smartphones. TiVo's user experience is the most advanced cable friendly consumer product on the market today and will take full advantage of Cable ONE's next generation high speed DOCSIS3.0 broadband network.
David Sandford, VP, GM of TiVo's Service Provider Business, said, "Cable ONE shares our view that consumers are increasingly demanding a TV viewing experience that combines all the content they want from multiple sources and we are excited that Cable ONE is the latest operator to choose TiVo as its exclusive provider of advanced television solutions for its subscribers. Like many operators around the globe that find themselves immersed in a fiercely competitive market, Cable ONE understands the necessity to provide a compelling and modernized television viewing experience that will delight their customers. We are confident that Cable ONE's subscribers will quickly embrace the TiVo experience."
About Cable One
Serving more than 740,000 customers in 19 states with high speed internet, cable television, and telephone service, Cable ONE provides consumers a wide range of the latest products and services, including wireless internet service, High-Definition programming, and phone service with free, unlimited long distance calling in the continental U.S. Cable ONE is a wholly owned subsidiary of The Washington Post Company.
Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). Today TiVo is a global leader in advanced television service for virtually any platform or device. TiVo offers its service directly to consumers, and also distributes its technology and services through solutions tailored for cable, satellite and broadcasting companies. Since its founding, TiVo has evolved into the ultimate single-solution media center by combining its patented DVR technologies and universal cable box capabilities with the ability to aggregate, search and deliver millions of pieces of broadband, cable and broadcast content directly to the television. TiVo also continues to weave itself into the fabric of the media industry by providing interactive advertising solutions and audience research and measurement ratings services to the television industry www.tivo.com.
TiVo and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. © 2012 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the planned future rollout of TiVo products by Cable One beginning during the first half of 2013 and expanded availability through Cable One's footprint during the rest of 2013, the expected capabilities and features of the TiVo offering to be deployed by Cable One, and expectations regarding the customer acceptance of the TiVo offering to be deployed by Cable One. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings and lack of market acceptance, as well as the other potential factors described under "Risk Factors" in TiVo's public reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended January 31, 2012, its Quarterly Reports on Form 10-Q for the periods ended April 30, 2012, and July 31, 2012 and Current Reports on Form 8-K. TiVo cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.
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