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TiVo and Windstream Partner to Offer TiVo DVR & Windstream High-Speed Internet Bundle
Oct 31, 2007 (08:10 AM EDT)
ALVISO, Calif. and LITTLE ROCK, Ark., Oct. 31 /PRNewswire-FirstCall/ -- TiVo Inc. , the creator of and a leader in television services for digital video recorders (DVRs), and Windstream Corporation , today announced an agreement to offer bundled internet and TiVo DVR services.
Windstream customers will enjoy a differentiated video service that combines innovative broadband video content and traditional linear television through TiVo's Emmy(R) award-winning user interface. The new bundled offering provides subscribers with easy access to a broad array of downloadable content via TiVoCast and TiVo's popular Amazon Unbox(TM) service in addition to streaming access to over 4 million songs via Rhapsody. Subscribers will also receive well known TiVo features including Season Pass(TM) recordings, WishList(R) searches, remote scheduling capabilities, TiVoToGo(TM) transfers, and access to interactive services like weather and traffic from Yahoo! and Fandango(R) movie ticketing.
"Teaming up with Windstream to combine high-speed Internet and DVR into one convenient bundle unlocks a truly unique entertainment and communications experience for consumers," said Naveen Chopra, Vice President of Corporate Development at TiVo. "We are pleased to join forces with Windstream, a provider of voice, broadband, and video services who wields a proven ability to market bundled services in conjunction with its core wireline service to over three million subscribers."
"Combining TiVo's best-in-class DVR experience and Windstream's high-speed Internet service brings to our customers a comprehensive TV entertainment offering," said Ric Crane, Chief Marketing Officer at Windstream. "Windstream now will be able to offer customers a simple-to-use integrated television experience with the ability to download on-demand movies, music and photos."
Windstream plans to begin marketing TiVo in the first half of 2008. Specific pricing and financial terms of this agreement have not yet been disclosed.
Windstream Corporation provides voice, broadband and entertainment services to customers in 16 states. The company has approximately 3.3 million access lines and about $3.3 billion in annual revenues. For more information, visit http://www.windstream.com .
About TiVo Inc.
Founded in 1997, 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 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(TM) recordings, WishList(R) searches, and TiVo(R) KidZone, have elevated its popularity among consumers and have 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(TM) transfers and online scheduling, TiVo is expanding the notion of consumers experiencing "TiVo, TV your way.(R)" The TiVo(R) 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.
This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the future availability of a bundled TiVo service offering from Windstream Corporation. 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, and other factors described under "Risk Factors" in TiVo's public reports filed with the Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2007 and subsequent reports filed with SEC. 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.
TiVo, Season Pass, WishList, Series2, Series3, 'TiVo, TV your way' and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. (C) 2007 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
CONTACT: Mike Boccio of Sloane & Company, +1-212-446-1867, email@example.com, for TiVo; or David Avery of Windstream,+1-501-748-5876,
Web site: http://www.tivo.com/ http://www.windstream.com/