SAN JOSE, CA and QUINCY, MA -- (Marketwired) -- 06/12/13 -- TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, and Atlantic Broadband, the nation's 12th largest cable operator offering bundled TV, Internet and Phone services, today announced from the NCTA 2013 Cable show in Washington, D.C. that Atlantic Broadband has partnered exclusively with TiVo to power its slate of digital entertainment services across TV, Web and Mobile platforms. Atlantic Broadband is the first U.S. MSO to leverage TiVo's complete product suite which delivers a unified experience that spans whole home DVR, HD Set tops for non DVR households, access to Internet delivered video and applications, and multi-screen viewing experiences delivered through a smart online portal and an Atlantic Broadband customized mobile application.
David Isenberg, Atlantic Broadband's Chief Marketing & Strategy Officer, said, "TiVo is now doing for multi-screen TV entertainment just what they did with the launch of their DVR over a decade ago -- pioneering a new way for consumers to get more value and convenience from their TV services. Increasingly, consumers are watching shows from many different sources on all sorts of screens both in their home and on the go. But, we think it's still much too hard for consumers to find the shows they care about quickly and easily on any screen across many content sources. We sought a solution from a single provider that could address these needs in a unified fashion across TV, web and mobile devices. After an extensive search, TiVo was the only provider that met all of our requirements with a proven solution we could deploy quickly. TiVo will propel our offering ahead of our satellite and Telco competitors and makes Atlantic Broadband the obvious choice for consumers demanding access to incredible amounts of television and web based content plus the ability to access it whenever, wherever and on any screen they want."
Jeff Klugman, TiVo's EVP of Products & Revenue, said, "Our partnership with Atlantic Broadband will result in an unprecedented delivery of a unified whole-home viewing experience combining our Emmy Award winning user interface with Atlantic Broadband's market leading video on demand, traditional linear channel lineup, pay per view and TV Everywhere catalogs on all of Atlantic Broadband's customer screens -- TV, web, tablet and mobile. This co-branded offering will bring content from multiple sources, screens and devices to Atlantic Broadband customers. It will also enable ABB's triple play subscription to stand out among their larger competitors. We are committed to building on our track record of rapid operator deployments to deliver this next-generation entertainment solution as cost effectively as possible and we are thrilled to be partnering with Atlantic Broadband."
Atlantic Broadband will commence rollout later this year, offering the full suite of TiVo products and services to its subscribers, including TiVo's multi-room DVR solution, the TiVo Preview HD Set Top, and TiVo's complete whole-home solutions including TiVo Stream, TiVo Web Portal, and TiVo Mobile Applications for IOS and Android. These products all offer TiVo's highly regarded unified discovery, search, navigation and recommendation features which will enable Atlantic Broadband customers to experience the best TV services anywhere, anytime.
About Atlantic Broadband
Atlantic Broadband, a wholly-owned subsidiary of Cogeco Cable Inc. (TSX: CCA), is the 12th largest cable operator in the United States. The company provides TV, Internet and Phone services to over 250,000 residential and business customers located in four operating regions: Western Pennsylvania, Miami Beach, Maryland/Delaware, and Aiken, SC. Atlantic Broadband is headquartered in Quincy, Massachusetts. Additional information is available at www.atlanticbb.com.
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 and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. © 2013 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 timing of the planned future rollout of TiVo products by Atlantic Broadband, the expected capabilities and features of the TiVo offering to be deployed by Atlantic Broadband, and expectations regarding the customer acceptance of the TiVo offering to be deployed by Atlantic Broadband. 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, 2013, TiVo's Quarterly Report on Form 10-Q for the quarter ended April 30, 2013, 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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