|TiVo and ONO Further Enhancing Spain's Most Advanced Hybrid TV Viewing Experience|
ALVISO, CA and MADRID, SPAIN, Jun 28, 2012 (MARKETWIRE via COMTEX) --TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, and ONO, the largest cable operator in Spain and a leading provider of broadband communication and entertainment services, today announced the first major software upgrade to the ONO-deployed TiVo platform that delivers a host of new functions and features to Spain's most advanced hybrid TV viewing experience.
New software features include an upgrade from two to three tuners, giving TiVo users more recording and viewing options than ever before. The enhanced video-on-demand offering integrates assets from ONO's Videoclub library into its search feature and offers the ability to go back in time in the grid guide to catch-up on programs that have already aired. Plus, the updated YouTube leanback application underpins TiVo's ability to seamlessly integrate industry leading third-party apps into the TiVo experience.
With over six million Spanish homes passed, ONO has made TiVo available nationwide across all of its markets, following successful launches in Madrid, Barcelona, and Valencia, ONO's largest market, and an accelerating number of ONO customers now have the TiVo experience.
This easy-to-use offering allows viewing of high-definition (HD) and 3D video content as well as a personal video recording (PVR) through the TiVo experience. ONO also offers thousands of hours of broadband-delivered on demand video for subscribers that have signed up for the TiVo service from ONO. In addition, ONO has created its own apps for its TiVo users, giving them access to weather information, music, photos and more. Combined, these capabilities have created the most advanced hybrid television service available in Spain and a TV viewing experience that is unmatched in the region.
Joshua Danovitz, VP & General Manager of International for TiVo Inc., said, "TiVo is thrilled to enable ONO to nationally deploy these significant feature enhancements just in time for both the Summer Olympics and the Euro Cup soccer tournament. The HD content that ONO delivers on the TiVo platform, now enhanced with easy to find broadband content, makes ONO the best hybrid TV experience."
Guillermo Mercader, Chief Operating Officer of Residential for ONO, explained, "TiVo has changed the way ONO customers think of television; they have fully embraced this new world of on demand and internet-delivered content and we are thrilled to work with TiVo to keep this solution on the cutting edge. ONO is thrilled to see the positive impact that TiVo is having on customer satisfaction, clearly enabling ONO to provide the most compelling TV offering in Spain."
These software enhancements will be available beginning July 2012.
About ONO ONO is the leading broadband communication and entertainment provider in Spain. It offers integrated telephone, television and Internet services to its residential customers. In this segment, it has close to 4.4 million services contracted (RGUs) and over 7 million users. ONO also offers value-added telecommunications services to SMEs, large companies and institutions. ONO has the largest next generation fibre optic network available in Spain. ONO closed the year 2011 with total earnings of EUR 1.485 billion and operating profits of EUR M748 (EBITDA).
About TiVo 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. Copyright 2012 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.