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TIVO Distribution Momentum in the United States, Europe, and in Retail Sets the Stage for Strong 2011

Company Release - 1/6/2011 9:00 AM ET

TiVo Solidifies Position as a Leader in Advanced Television Services With Domestic and International Operators to Deploy TiVo Solutions Representing Millions of Potential New TiVo Subscriptions; Demand for the TiVo Solution From RCN, Suddenlink, and Virgin Media Subscribers Continues to Grow as Future Deployments With DIRECTV and Cox Approach; Retail Sales of TiVo DVRs Increased Significantly This Holiday Season Compared With Year Ago Period

LAS VEGAS, NV -- (MARKET WIRE) -- 01/06/11 -- As the demand to bring Internet content directly to the television proliferates, TiVo Inc. (NASDAQ: TIVO), a leader in advanced television services and digital video recorders (DVRs), continues to solidify its role as the provider of the best consumer experience for television entertainment. The new distribution deals TiVo has signed over the last twelve months, both as a supplier to pay television operators around the world and in the U.S., demonstrate the success the company has had in turning its mastery of the DVR into one of the most elegant and comprehensive solutions for an increasingly complex world of content, devices, and video services.

Naveen Chopra, Senior Vice President, Corporate Development & Strategy, TiVo Inc., said, "The last year has seen the continuation of major changes in how television content is distributed and consumed. At TiVo, we are excited to see our vision, one of a world where virtually any content can be consumed at the time and place consumers desire, continuing to become a reality. Our invention of the DVR over ten years ago was a critical milestone in the evolution of TV and it demonstrated that new viewing paradigms demand real technology innovation along with an unrelenting focus on distilling complex technology down to a simple, elegant solution for mainstream consumers. Since then we have continued to lead the charge to redefine television by being the first to incorporate Internet delivered video-on-demand with traditional linear television services. And now, TiVo represents one of the most comprehensive entertainment experiences out there. Unlike the growing number of partial solutions entering the marketplace, TiVo remains the only way for consumers to get all the content they love in one place, with one box, one user interface, and one remote control. Consumers don't want to be limited to just iTunes, or Netflix, or Hulu, or Amazon, or their traditional pay television service. These are all critical components of the entertainment experience and we know consumers want it all. With this in mind we have designed a next generation user experience and a suite of technology components that enable the entire world of over-the-top content to be seamlessly integrated with the full breadth of cable and satellite TV."

TiVo's unique consumer proposition has attracted the attention of numerous pay television operators around the world who have quickly identified the importance of being the provider of the most compelling and comprehensive video product in the market. Over the last year, TiVo has signed deals with a number of operators to deploy TiVo's software and user experience, representing millions of potential future TiVo subscriptions. TiVo's ability to offer operators two unique approaches to bringing the TiVo experience to their subscribers has accelerated this success. Today TiVo can port its software to a variety of third party set-top boxes as it is doing in its deals with Virgin Media, Canal Digital, and ONO. It can also allow U.S. operators to convert its retail set-top box product into a quickly deployable and cost effective operator provisioned platform, an approach that enabled both RCN and Suddenlink to rapidly launch advanced video platforms.

Chopra said, "Operators in the U.S. and around the world are asking TiVo to help them develop an advanced television solution that will meet the increasing consumer demand for broadband content right to the TV set, delivered in a way that, unlike many of the recent specialty devices on the market, doesn't remove or undermine the operator's role as the primary content distributor."

In the U.S., TiVo is the only deployed hybrid solution available today for cable operators. TiVo currently has deployed solutions with RCN and Suddenlink, with COX and DIRECTV expected to follow in the future.

Outside the U.S., TiVo has deals with operators that will enable it to reach close to seven million potential subscribers in Europe, including deals with Virgin Media, the largest cable operator in the UK, ONO, the largest cable operator in Spain, and Canal Digital, the largest satellite provider in Northern Europe.

Chopra concluded, "TiVo is fast becoming known for so much more than just the DVR as evidenced by the significantly expanded role we play with our distribution partners. In years past, they used TiVo as a premium DVR. Today, they recognize the need to provide a great user interface on every device they serve regardless of whether it is DVR, traditional set top box, or a television set, and have enlisted TiVo to provide this experience."

TiVo also saw a significant increase in sales of its stand-alone retail box compared with the year ago period, which it attributes to growing consumer awareness of TiVo as the most comprehensive television entertainment solution as well as competitive holiday pricing.

TiVo made this announcement during the 2011 International Consumer Electronics Show (CES) in Las Vegas.

About TiVo Inc.
Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). TiVo offers the TiVo service and TiVo DVRs directly to consumers online at and through third-party retailers. TiVo 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. An economical, one-stop-shop for in-home entertainment, TiVo's intuitive functionality and ease of use puts viewers in control by enabling them to effortlessly navigate the best digital entertainment content available through one box, with one remote, and one user interface, delivering the most dynamic user experience on the market today. 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

TiVo and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. © 2011 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, TiVo's expectations for a strong 2011, the potential addressable domestic and international operator subscription base representing millions of possible future TiVo subscriptions, the scope and timing of distribution of the TiVo service domestically with DIRECTV, Cox, RCN, Suddenlink and other operators, and internationally in the UK (with Virgin Media), in Spain (with ONO), in Scandinavia (with Canal Digital) and other regions, future U.S. retail subscription growth and the expected financial impact of TiVo's holiday pricing, and TiVo future business strategy, distribution momentum, ability to port its software of third party set-top boxes, and financial performance. 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 the Company's public reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2010, Quarterly Reports on Form 10-Q for periods ending April 30, 2010, July 31, 2010, and October 31, 2010 and Current Reports on Form 8-K. The Company 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.

Source: TiVo