SAN JOSE, CA and SIOUX FALLS, SD -- (Marketwired) -- 04/04/13 -- TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, and Midcontinent Communications, the Upper Midwest's leading provider of data, video, phone and cable advertising services today announced they have begun deploying their whole home next generation television experience with TiVo. Rapid City and the Northern Black Hills area in South Dakota will be the first market in Midcontinent's 300,000 customer footprint to have access to the TiVo offering, followed by Minnesota, North Dakota and the remaining South Dakota markets in the coming months.
Jon Pederson, Midcontinent's Vice President of Technology, said, "Today marks an important day for our subscribers as they will be able to engage and enjoy a television viewing experience that's not confined to the living room but is dynamic. The whole home experience powered by TiVo will give Midcontinent subscribers the ability to access all the content they want on any screen within the home, including secondary televisions, tablets and smartphones, through the same easy-to-use TiVo interface."
TiVo® Premiere Q series DVR will serve as the entertainment hub for the home and from there, subscribers will be able to opt in to enjoy the benefits of TiVo's two new complementary offerings. TiVo Mini, a companion low-cost IP set-top, will extend the viewing of live TV, recorded and streaming content, as well as On Demand programming, to rooms throughout their homes without an additional TiVo DVR. Additionally, TiVo Stream will allow customers to stream their favorite shows, both live and recorded, from a TiVo Premiere Q series DVR simultaneously to multiple tablets or smartphones. And, customers can download and take their pre-recorded shows with them to view anywhere even when not connected.*
David Sandford, Vice President and GM for TiVo's Service Provider Business, said, "Since we began working with Midcontinent, we've admired how acutely attuned they are to the competitive landscape around them. As a result, they have made it an immediate priority to provide their subscribers with the very best whole-home advanced television experience by turning to TiVo. Our ability to create a seamless television ecosystem that delivers any content consumers want -- wherever and whenever they want it -- combined with Midcontinent's commitment to implementing a solution for both today and tomorrow, made this collaboration a smart one. We look forward to seeing many new fans of TiVo in the region as our rollout progresses."
For more information about the TiVo experience being offered by Midcontinent visit: http://www.midcocomm.com/video/tivo/.
*TiVo Stream does not support downloading copy-protected programming. Terms and conditions apply. See www.tivo.com for details.
About Midcontinent Communications
Midcontinent Communications is the leading provider of data, video and phone services, and cable advertising production in the Upper Midwest, serving over 300,000 customers throughout 335 communities in North Dakota, South Dakota, Minnesota and Wisconsin. From the time we were founded in 1931, Midcontinent's commitment to making the region a great place to live and work is reflected in the mission, values, products and services we bring to every home and business we serve. For more information about Midcontinent, please visit the company's website at www.midcocomm.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, Midcontinent's future distribution and deployment of TiVo's products and services to its customers in the coming months. 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 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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