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TiVo Surpasses 2.5 Million Subscribers in Europe

Light Reading
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Light Reading
3/13/2014
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AMSTERDAM -- TiVo Inc. (NASDAQ: TIVO), a global leader in the advanced television entertainment market, today announced that TiVo has surpassed 2.5 million subscribers across Europe as consumers in the UK, Spain and Sweden quickly embrace the TiVo experience offered by Virgin Media, ONO, and Com Hem, respectively. TiVo's pay-TV operator partners continue to aggressively deploy its next-generation hybrid TV software solutions and advanced television services to meet customer demand, making TiVo Europe's most broadly deployed advanced cable television solution. TiVo now covers nearly half of the subscribers at Virgin Media and a third of ONO subscribers.

"Consumers globally are increasingly demanding a superior TV viewing experience that enables them to access content across multiple screens and devices anytime and anywhere. Our growing roster of international pay-TV operator partners including Com Hem, Virgin Media and ONO recognized this trend early and share TiVo's vision for the future of TV consumption," said David Sandford, Vice President, General Manager, International at TiVo. "TiVo leads the market in multi-screen, TV Everywhere capabilities with deployments across multiple third party set-top boxes, iOS and Android operating systems and the Web, and Europe represents the largest share of TiVo deployments worldwide to date. Our success here puts a fine point on the overall success of TiVo's strategic transformation to a major international advanced television platform and services company. We are extremely pleased with the strong and sustained rate of adoption throughout Europe."

TiVo Inc. (Nasdaq: TIVO)

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