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TiVo Introduces TiVo Series2 Digital Video RecorderPlatform offers more recording capacity and enables new entertainment services starting at $299 (January 14, 2002)
TiVo DVRs record television programming directly to a digital hard drive. The TiVo Series2 offers up to 60 hours of recording time, in a newly designed box that is TiVos smallest yet. A 40-hour version of the Series2 recorder is currently available from AT&T Broadband for $299. The 60-hour TiVo Series2 will first be available to consumers beginning in February 2002 at tivo.com for $399.
TiVo Series2 DVR has two USB expansion ports, providing connectivity with peripheral devices, such as digital cameras, MP3 or CD players. This connectivity will also enable TiVo subscribers to access exciting new entertainment services like music, digital photos, video party games, Internet radio and broadband video on demand. Today, TiVo announced industry partnerships (see more information below), to develop these new entertainment services in time for the holiday season of 2002.
"You cant win in this market with techno baubles and gadgets. We have inspired consumers by recognizing its 90 percent about entertainment, and 10 percent about technology. Weve learned from our loyal TiVo subscribers that consumers want the latest and hottest technology, but demand ease-of-use and a better entertainment experience," said Mike Ramsay, CEO of TiVo. "Spending time at home with the family, relaxing and being entertained should be comfortable, not complicated. TiVo Series2 delivers an easy-to-use and easy-to-enjoy home entertainment experience."
TiVo DVR Series2 Feature Highlights
Specific features and functionality in the new TiVo include:
--Up to 60 hours of recording time without the hassles of videotape
--Sleeker dimensions of 15" width by 11.5" depth by 3" height for convenient fit in home entertainment systems
--As with all TiVo standalone units, the TiVo DVR Series2 is compatible with and connects easily to virtually every television model available. It also works with VCRs, TV antennas, cable systems, and satellite systems
--Improved patented remote control that allows for easy program recording as well as control of multiple TiVos in the home
--Enhanced graphics engine
--2 USB expansion ports to connect to peripheral devices like digital cameras, network adaptors, MP3 and CD players, etc.
--Ready to run multiple entertainment services such as digital music, digital photos, video party games and broadband video-on-demand
New Entertainment Services: TiVo partners with RealNetworks, Jellyvision and Radiance
TiVo also announced strategic partnerships with RealNetworks, Jellyvision and Radiance to deliver new entertainment services for TiVo Series2. TiVo will distribute new digital music, video party games and video on demand services. Services are expected to be available in time for the 2002 holiday season.
"From TiVos inception weve known that delivery of music, photos and games would be a natural extension to the easy to use DVR service TiVo offers today," said Mike Ramsay, CEO, TiVo Inc. "We are happy to be working with premier services partners to make that a reality, delivering a whole new world of TV entertainment -- a world of fun video party games, music, photography, video on demand and more, to our customers living rooms, no PC required."
New Entertainment Services: Music, Video on Demand, Games, and Photos
The TiVo Series2 DVR, announced at the Consumer Electronics Show in Las Vegas will enable these new entertainment services:
RealNetworks RealOne Player will be integrated into all TiVo Series2 DVRs, enabling TiVo subscribers to create and manage their music collection on TiVos hard disc and subscribe to RealNetworks RealOne Music service. RealOne Music will enable TiVo customers to download and stream music from the music catalogs of major and independent labels, listen to more than 2,000 Internet radio stations and view artist and album information. TiVo users will have the option to activate the RealOne Player when they activate the TiVo Service for an incremental monthly subscription fee.
Jellyvision, the creator of PC games, "You Dont Know Jack", "Smush" and "Who Wants to Be a Millionaire", will work with TiVo to create new video party games that will run on TiVo Series2. "Jellyvision is very excited about bringing to life truly interactive television with TiVo," said Amanda Lannert, president, Jellyvision, Inc. "Their new platform is going to allow us to launch interactive programs that, unlike a web site, offer full-screen audio-visual experiences with the pacing of television and the creative production values to engage a truly mass audience. All to be enjoyed in the comfort of your living room."
Radiance Technologies, Inc., an emerging delivery management software company, will have its client integrated into the TiVo Series2 DVR as a foundation for broadband delivery management services. In addition, Radiance will work with TiVo to develop and integrate into the TiVo platform an Internet Video-on-Demand (iVOD) application and toolkit atop the Radiance client. Content providers will benefit from the combination of end-to-end content security and the superior economics of Radiances scheduled delivery approach.
TiVo subscribers with TiVo Series2 DVRs will be able to sign up for these new services from RealNetworks and Jellyvision by the holiday season, 2002.
In addition to these services, TiVo showcased the capability to deliver digital photo services on the new platform. Consumers will be able to hook up their digital cameras to their TiVo Series2 to view and share family photos on their TVs, and order prints.
About TiVo Inc.
Founded in 1997 with the mission to improve consumers' television viewing experiences, TiVo is the creator of television services for digital video recorders (DVR). TiVo was the first to deliver on the promise of consumer choice and control over TV viewing, building a loyal and passionate subscriber base with over 97% of customers recommending TiVo to a friend. This has contributed to 300% growth over the past year, bringing the total subscriber base to exceed 280,000.
Today, the TiVo Service is available in the United States on the Philips Personal TV Recorder and the Sony Digital Network Recorder and DIRECTV Receivers with TiVo in nearly 3500 consumer electronics retail and online outlets and in the UK under the Thomson Scenium brand. TiVo is headquartered in San Jose, CA. Revenues for fiscal year ended December 31, 2000 were $3.6 million.
Related Keywords:DTV Professional, TiVo Series2, CES, DVR, recording capacity, subscriber base, entertainment services
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