TiVo has been struggling and many people have forecast it's demise with the cable companies releasing their own DVR services and equipment. It now seems TiVo may survive as a software only company for enhanced DVR services.
TiVo Inc., the struggling pioneer of digital video recorders, will make a customized version for Comcast cable subscribers, the two companies announced Tuesday. TiVo's share price soared.
The move will increase TiVo's presence in American homes as it faces competition from generic DVRs offered directly by leading cable companies. Comcast Corp. expects to begin marketing the new DVRs, which will carry the TiVo brand, by mid- to late 2006.
Comcast will continue to market its own DVR. Most new customers now get a dual-tuner DVR, which lets viewers record two shows at once as well as high-definition television; TiVo offers such features only to DirectTV satellite customers.
Comcast subscribers who opt for the TiVo service will get such features as "WishList," which recommends and sometimes automatically records shows based on past viewing habits, and the ability to schedule recordings over the Internet. Pricing has not yet been determined for the new Comcast TiVo service, which most existing Comcast DVR subscribers would be able to get through a software upgrade.
Tipped by: Slashdot