TiVo to Offer Movie Rentals From the Walt Disney Studios on Demand
TiVo to Offer Movie Rentals From the Walt Disney Studios on Demand
TiVo now offers movies from all major studios directly to the television set
ALVISO, Calif., May 28 /PRNewswire-FirstCall/ -- TiVo Inc. (NASDAQ:TIVO), the creator of and a leader in television services for digital video recorders (DVRs), today announced that TiVo subscribers will soon be able to download movies from The Walt Disney Studios to their broadband connected TiVo(R) DVRs directly from the TV.
Titles will be available to rent through an agreement with Disney-ABC and CinemaNow, a digital entertainment provider of high-quality Hollywood movies and TV shows across multiple platforms, and the latest partner to join TiVo's broadband efforts. The companies will offer the movies for a 24-hour rental period in standard definition, with many also available in high definition.
"We are very excited to be working with Disney and CinemaNow. Adding Disney movies really delivers on TiVo's promise to offer the best television entertainment experience with unlimited content choices that are easy to navigate across broadcast, cable, and broadband using one device, one remote, and one user interface," said Tara Maitra, Vice President and GM of Content Services at TiVo Inc.
"TiVo has always delivered a superior experience," said Dan Cohen, executive vice president of pay television and interactive media, Disney-ABC Domestic Television. "We're pleased that their subscribers will be able to enjoy our extensive catalog of new releases and classic library titles."
The service is available to all broadband-connected TiVo Series2(TM) and Series3(TM) subscribers later this year. TiVo offers more than 30,000 titles through Amazon Unbox, Music Choice and more than 50 other content providers. The company recently announced that TiVo subscribers will be able to access YouTube videos directly on the TV via the TiVo DVR this summer.
About Disney-ABC Domestic Television
Disney-ABC Domestic Television's pay television and interactive media division is a leading distributor of movies in the video-on-demand arena. DADT distributes movies domestically from The Walt Disney Studios, including titles from Walt Disney Pictures, Disney-Pixar, Touchstone Pictures, Hollywood Pictures, and Miramax Films. It currently licenses movies through a wide range of distributors and platforms including cable MSOs, satellite companies, internet distributors, telcos, mobile operators, and via other emerging technologies.
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.', Season Pass, WishList, TiVoToGo, Stop||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.
First Call Analyst:
FCMN Contact: MLopes@sloanepr.com
Source: TiVo Inc.
CONTACT: Krista Wierzbicki of TiVo Inc., +1-408-519-9438,
kwierzbicki@tivo.com; or Michael Boccio, +1-212-446-1867,
mboccio@sloanepr.com, for TiVo Inc.
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