Network Recordings Seamlessly Integrated, Easily Searchable via the Brilliant TiVo(R) User Interface
Central Component in Transitioning Operators to Full IP Offering Provides Next-Generation TV Everywhere Solution to Operators
AMSTERDAM -- Sept. 12, 2013 -- TiVo Inc. (NASDAQ: TIVO), a global leader in the advanced television entertainment market, and Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, today announced that they will demonstrate a prototype of their next-generation network PVR (nPVR), fully equipped with an integrated multiscreen solution backend from Harmonic, during the International Broadcasting Conference 2013 (IBC2013) in Amsterdam. A select group of TiVo clients, business prospects, and media will be able to demonstrate the nPVR. This demonstration marks an important step toward TiVo's goal to enable cost-effective and feature-rich paths for operators to transition toward an IPTV solution.
The TiVo nPVR will use TiVo's Emmy(R) Award-winning service delivered from the cloud and is a natural extension of the TiVo solution. This is an important next step for operators as they consider a transition to IP-delivered content and utilization of low-cost IP clients and consumer-provided devices (tablets, smartphones, etc.) with an eye toward enhancing the user experience inside and outside of the home, which is becoming a critical component in the increasingly competitive video market. TiVo's nPVR extends the TiVo(R) service and consistent user experience while enabling consumers to easily find, consume, and socially share cloud-delivered content through the TiVo user interface.
The foundation of the TiVo service and cloud-based architecture enables pay-TV operators to access a multitude of TV Anywhere content, including IPTV, IPVOD, catch-up, start-over, and nPVR, from the Emmy Award-winning TiVo service in the cloud on TVs via low-cost IP clients and consumer-provided devices (tablets, smartphones, etc.). TiVo's offering will reduce operators' capital expenditures; enable them to manage business rules, including complex content rights and operator policies; and generate a richer, more consistent user experience for their subscribers. As more content and services become cloud-based, TiVo will enable operators to give consumers everything they want, including linear TV and startover TV with "super catch-up," a personally tailored interface, unlimited recording capability, multiscreen viewing, and the ability to interact with other users on the network. TiVo's nPVR will also soon offer operators contextual promotional capabilities, social TV, and recommendation filtering across disparate libraries of content.
TiVo and Harmonic have worked together prior to this initiative. The deployed Virgin TV Anywhere solution in the U.K. demonstrates how the companies enable the transition to IPTV.
The high-quality content is prepared using Harmonic's integrated multiscreen solution. Harmonic brings together its ProMedia(TM) Live real-time multiscreen transcoder with enhanced H.264 video codec technology for creating high-quality adaptive bitrate video streams, ProMedia Package adaptive stream preparation application, ProMedia Origin HTTP streaming video server, and MediaGrid shared storage system to address the demand for video delivery to Internet and mobile devices.
Thierry Fautier, vice president of solutions and strategy at Harmonic, said, "As the worldwide leader in video delivery infrastructure, we are thrilled to collaborate again with TiVo and demonstrate here how our best-in-class ProMedia multiscreen content preparation applications for live transcoding, packaging, and origin server, integrated with our MediaGrid shared storage solution, can be used to play an integral role in powering a next-generation network."
Joshua Danovitz, vice president, innovation, at TiVo, said, "Operators are working to enhance the experience they are delivering to their customers through delivering an experience they love on any screen, while reducing their costs. The TiVo network PVR is just one step toward our goal to support the transition to content everywhere via IP, and this prototype serves as an example of the constant innovation that guides our vision to give consumers everything they want, anywhere they want it. Extending the TiVo service to address network storage, as well as enabling the oversight and management of complex content rights and operator policies, is a core strategy in moving operators to a full IP environment, and this prototype offering is a clear example of how TiVo can use its deep TV industry expertise to help operators evolve to deliver a cohesive next-generation viewing experience. During the project, Harmonic has demonstrated excellence in delivering an enterprise solution that addresses the key infrastructure needed to deploy a full IP solution."
IBC2013 runs from Sept. 12-17 in Amsterdam. TiVo's stand is located at number 14.531/hall number 14. Harmonic's stand is located at number 1.B20/hall number 1.
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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. (C) 2013 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
Harmonic (NASDAQ: HLIT) is the worldwide leader in video delivery infrastructure for emerging television and video services. The company's production-ready innovation enables content and service providers to efficiently create, prepare, and deliver differentiated services for television and new media video platforms. More information is available at www.harmonicinc.com.
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 future availability of a network PVR integrated with the TiVo service delivered from the cloud. 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 the Company's public reports filed with the Securities and Exchange, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2013, Quarterly Reports on Form 10-Q for the quarters ended April 30, 2013 and July 31, 2013, and Current Reports on Form 8-K. The Company 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.
NOTE TO EDITOR - Product and company names used herein are trademarks or registered trademarks of their respective owners.
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