TiVo passes 5MN cable subscriptions
DetailsMichelle Clancy | 31 December 2014
PVR and set-top box pioneer TiVo has surpassed five million subscriptions and reported the highest net revenue in the history of the company this year.
tivo2The company said that its cable MSO revenue grew at a rate of approximately 40% year-over-year in the most recent quarter, with 20 of the top 25 operators in the US leveraging various aspects of TiVo's advanced television experiences. The company also signed a deal with Comcast, including integration of Xfinity-on-Demand into the TiVo retail platform throughout all Comcast markets.
Also, more than 60% of cable subscribers in the UK have a full branded TiVo experience through TiVo's relationship with Virgin Media.
In the past year, TiVo also added VUDU and Amazon Prime Instant Video, and further strategic partnerships in its television service provider channel with Armstrong, Entouch, Vyve Broadband and WaveDivision Holdings.