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TiVo Brings Spotify to TiVo Premiere Boxes(December 18, 2012)
SAN JOSE, CA -- (Marketwire) -- 12/18/12 -- TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in advanced television services including digital video recorders (DVRs), today announced the availability of leading music streaming service Spotify for its TiVo Premiere boxes in the US. The introduction of Spotify to the host of applications offered through TiVo is the latest example of the company's efforts to deliver a complete, customizable entertainment experience, from television to movies to music, in one box.
"TiVo is continuing to revolutionize the way people consume entertainment content, and not just television programming," said Tara Maitra, SVP and general manager of content & media sales at TiVo Inc. "By providing access to Spotify on TiVo, customers are able to experience their music and playlists through the best sound system in their house, as opposed to just their phone or PC, and through the convenience of one remote."
On TiVo, consumers can sign-in with an existing Spotify Premium account ($9.99/month) to seamlessly and immediately enjoy their current playlists through their television. Once the Spotify app is launched on TiVo, users simply enter their username and password to begin enjoying music. It will allow TiVo owners to stream music through their home theater system, as well as browse playlists, albums and artists, and search for related artists using the TiVo remote control.
"Integrating Spotify with the TiVo interface brings a more seamless user experience to Spotify fans, and introduces TiVo fans to a new way to listen to millions of songs for free," said Pascal de Mul, Global Head of Hardware partnerships, Spotify. "Through this, users will be able to stream their playlists through their TiVo and home theater sound system and share their music with friends."
Spotify joins TiVo's current musical lineup of Pandora, Rhapsody, Live365, Music Choice and songs connected from a PC or Mac music library*. The Spotify app is expected to begin rolling out to customers in the next 24 hours and TiVo customers will find it in the Music & Photos menu.
To learn more about Spotify on TiVo or to sign up for a free, 30-day trial of Spotify Premium, visit www.spotify.com/tivo.
* To stream songs connected from a PC or Mac, you will need TiVo Desktop software for PC or TiVo Desktop software for Mac. TiVo Desktop software is not required to use Spotify, Pandora, Rhapsody, Live365 or Music Choice.
About TiVo Inc.
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, TiVo Logo, and Trick Play 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 expected imminent availability of Spotify to TiVo customers with Premiere model DVRs with an active TiVo service subscription. 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 TiVo's Annual Report on Form 10-K for the fiscal year ended January 31, 2012, Quarterly Reports on Form 10-Q for the periods ended April 30, 2012, July 31, 2012 and October 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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