Tivo And Yahoo! Collaborate To Offer Online Scheduling Through Yahoo! TV
TiVo (NASDAQ: TIVO ), the creator of and a leader in television services for digital video recorders (DVR), and Yahoo! Inc., (NASDAQ: YHOO), a leading global Internet company, today announced that they will collaborate to offer TiVo’s online scheduling features on Yahoo! TV (http://tv.yahoo.com).
This offering from the two companies enables Yahoo! TV users to request, via TiVo’s scheduling technology, recordings of their favorite TV shows on their TiVo® Series2™ devices from anywhere they access Yahoo!. Subscribers with a TiVo Series2 box and a standard Yahoo! user ID may use the service starting today.
"Working with Yahoo! is another way for us to deliver the best way to watch television and give viewers control of the television experience" said Tom Rogers , CEO of TiVo Inc. "Beginning today, we’re giving Yahoo! users — whether they’re at the office or away from home — the ability to easily schedule recordings for later viewing"
"Yahoo! is the leading entertainment destination on the Internet with millions of monthly visitors seeking relevant information about their favorite television programs" said David Katz, head of sports and entertainment for Yahoo!. "We are excited to further our mission of delivering what consumers want, when, how and where they want it"
Yahoo! TV offers a variety of entertainment information, such as show times, program descriptions and cast photographs, as well as exclusive content from partners like "Entertainment Tonight" and Mark Burnett Productions, which produces "The Apprentice" all in one convenient location. Now, consumers using Yahoo! TV can easily program their TiVo devices remotely to record that new show they read about or catch their favorite show they discovered is being re-aired. In the coming months, TiVo and Yahoo! will also make some Yahoo! services, including photos, traffic, and weather available as part of the TiVo service.
About Yahoo!
Yahoo! Inc. is the No. 1 Internet brand globally and the most trafficked Internet destination worldwide. Yahoo! provides online products and services essential to consumers’ lives, and offers a full range of tools and marketing solutions for businesses to connect with Internet users around the world. Yahoo! is headquartered in Sunnyvale , Calif.
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, 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™ 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.
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, TiVo’s business, services, business development, strategy, customers or other factors that may affect future earnings or financial results. 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 "Factors That May Affect Future Operating Results" More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public reports filed with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2004, and the Quarterly Reports on Form 10Q for the period(s) ended April 30, 2004, July 31, 2004, October 31, 2004, filed with the Securities and Exchange Commission. We caution 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, TiVo Basic are registered trademarks of TiVo Inc. in the United States and other jurisdictions. All other company or product names mentioned may be trademarks or registered trademarks of the respective companies with which they are associated.
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