Lights, Camera, Action! Movies and TV Episodes From Netflix Directly to the TV Through TiVo DVRs Available Today
groundbreaking partnership in October with Netflix Inc., TiVo Inc.
(Nasdaq: TIVO), the creator of and a leader in television services for digital
video recorders (DVRs), today announced that subscribers to both Netflix and
TiVo(R) Series3, TiVo HD, or TiVo HD XL can now access thousands of movies and
TV episodes instantly streamed from Netflix directly to their TVs.
The service is being offered at no additional charge to customers who
subscribe to both services. This morning subscribers can browse through an
expanding library of more than 12,000 movies and TV episodes at
http://www.netflix.com, add them to their Netflix instant Queue, and then
watch them on TV with just a click of the TiVo remote. The library includes
titles from every genre, with a modest selection of HD content available as
well. Both standard and HD titles are expected to grow in the weeks and
months ahead.
“With so much talk focusing on the economy these days, this partnership
makes more sense than ever because it brings people more movies at home,
offering substantially more entertainment options than cable or satellite,”
said
offers consumers everything they need from just one box. Not only great
content from Netflix, but also movies from The Walt Disney Studios and Amazon,
music from Rhapsody, videos from YouTube and even pictures from Picasa Web
Albums and Photobucket. And that’s all in addition to TiVo’s core
functionality that made us a favorite in the first place. It adds up to a
one-of-a-kind value.”
“Netflix offers an unbeatable combination of convenience, selection, and
value, which now extends to TiVo customers,” said Netflix Chief Marketing
Officer
and consumers alike.”
Movies are streamed from Netflix through TiVo DVRs via wired or wireless
broadband connection and a Netflix Queue-based user interface. Members visit
the Netflix Web site to add movies and TV episodes to their individual instant
Queues. Those choices will automatically be displayed on subscribers’ TVs and
are available to watch instantly through the TiVo service. With the TiVo
remote control users can browse their instant Queue, make selections right on
the TV screen, as well as read synopses and rate movies. In addition, they
have the option of pausing, fast-forwarding, rewinding and re-starting
whenever they wish.
For more information on how to have movies instantly streamed from Netflix
via your TiVo DVR visit http://www.tivo.com/netflix.
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 and
our website, 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 and WishList(R)
searches and TiVo 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 research measurement.
TiVo, ‘TiVo, TV your way.’,
Power||Watch, and the TiVo Logo are trademarks or registered trademarks of
TiVo Inc. or its subsidiaries worldwide. (C) 2008 TiVo Inc. All rights
reserved. All other trademarks are the property of their respective owners.
Forward Looking Statements
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 future availability of instant streaming from
Netflix to TiVo subscribers who have specified model TiVo DVRs.
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. Risks and uncertainties that may
cause actual results to differ materially include delays in development,
failure to deploy the capability beyond initial testing, competitive service
offerings and lack of market acceptance, as well as the other potential
factors described under “Risk Factors” in the public reports of Netflix, Inc.
and TiVo Inc. filed with the Securities and Exchange Commission, including
each companies’ most recent Annual Report on Form 10-K, Quarterly Reports on
Form 10-Q and Current Reports on Form 8-K. Netflix and TiVo caution you not to
place undue reliance on forward-looking statements, which reflect an analysis
only and speak only as of the date hereof. Netflix and TiVo disclaim any
obligation to update these forward-looking statements.
SOURCE TiVo Inc.