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TiVo, Netflix Team Up for Streaming Deal

Posted on: Thursday, 30 October 2008, 18:00 CDT

TiVo and Netflix announced Thursday they are teaming up to allow subscribers to instantly stream thousands of movies and shows directly to their televisions.

Only Netflix and TiVo Series3, TiVo HD and TiVo HD XL subscribers will be able to use the service. The new capability is being tested in several thousand U.S. households and expected to be broadly available in early December.

The ability to instantly watch content from Netflix on the TV via TiVo DVRs will be offered at no additional charge to customers who subscribe to both services.

"For Netflix and TiVo subscribers, this collaboration offers a fabulously easy way to enhance the enjoyment of watching movies in the comfort of their living rooms," Reed Hastings, co-founder and chief executive officer of Netflix, said in a statement. "Subscribers to Netflix and TiVo are avid movie watchers and this combination gives them immediate access to all of the great content available through TiVo and the thousands of additional choices available to be streamed instantly from Netflix."

"Joining forces with Netflix creates the ultimate video on demand service and solidifies TiVo's leading position as the one-box solution for aggregating, searching, and delivering the best content available anywhere right to the TV," added Tom Rogers, president and chief executive officer of TiVo Inc. "Adding Netflix to our already vast library of content differentiates TiVo even further from any other offering in the market today."

Source: United Press International

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