TIVO-
it's part of Vulcan Ventures.
October 26--
TiVo----BB Rbrtsn Stphns---Buy
TiVo---CSFB----Buy
TIVO---Thomas Weisel---Buy
Wednesday December 1, 9:02 am Eastern Time
Newest Personal TV Service,
TiVolution Magazine(TM) Helps TiVo
Subscribers Find the Best Shows on TV
Leonard Maltin to Provide Top Movie Recommendations Exclusively For
TiVo Viewers
SUNNYVALE, Calif., Dec. 1 /PRNewswire/ -- TiVo, Inc.,(Nasdaq: TIVO - news) the creator of
personal television, today announced an enhanced TiVolution Magazine(TM) is now being delivered to
subscribers. TiVolution Magazine is an interactive guide to the best programs on television. The new
format allows consumers to find their favorite TV programs quickly and easily, and instantly schedule
them for recording. In addition to enriched search features, TiVolution Magazine now provides movie
reviews and commentary from renowned movie expert Leonard Maltin.
During this holiday season TiVolution will provide an easy way for TiVo subscribers to find their
favorite seasonal programs by providing all the listings in one place. Sports fans will be able to find all
the football playoffs because TiVolution will provide the schedule for all the games, including the
pre-and post-game shows.
Philips Personal TV Receiver With TiVo
Service Named 'Best of What's New'
And 'Product of the Year'
SUNNYVALE, Calif., Nov. 10 /PRNewswire/ -- Philips Electronics (NYSE: PHG - news) and TiVo,
Inc.,(Nasdaq: TIVO - news) the creator of personal television, today announced their awards for
''Best of What's New,'' by Popular Science, the world's largest science and technology magazine and
overall ''Product of the Year,'' by etown.com, the world's largest online content provider of consumer
electronics news, reviews, buying guides and shopping choices.
Throughout the year, Popular Science reviews thousands of new products and innovations, and
features a select few in its monthly ''What's New'' department. A total of 100 winners in ten
categories, make it into the coveted ''Best of What's New'' issue. Popular Science found the Philips
Personal TV Receiver with TiVo Service represents a significant step forward in its category this year
and more importantly, an improvement for TV viewers' quality of life.
A panel of etown.com expert consumer electronics reviewers also recognized the Philips Personal TV
Receiver with TiVo Service as the overall ''Product of the Year,'' according to several criteria
including groundbreaking technology, superior performance and overall value. The Philips Personal TV
Receiver with TiVo Service was praised for its ease of use, the control it affords over live television
and its innovative edge over traditional video recording technologies.
''As the creator of personal television, TiVo is very pleased to be named 'Best of What's New' and
'Product of the Year,''' said Mike Ramsay, president and CEO, TiVo. ''These awards validate what
TiVo subscribers have been telling us -- the TiVo service has not only enhanced their television
viewing experience, but has provided them with more time and flexibility in their schedules, as well.
TiVo gives people the control and convenience they need, so at the end of a busy day all they have to
do is sit down in front of the television and watch what they want to watch, right when they want to
watch it.''
biz.yahoo.com
TiVo Reports Third Quarter Financial
Results Ramp-Up of Nationwide Retail
Presence Generates 150% Growth in Subscriber Base
SUNNYVALE, Calif., Oct. 25 /PRNewswire/ -- TiVo, Inc., (Nasdaq: TIVO - news) the creator of
personal television, today announced financial results for the quarter ended September 30, 1999.
Revenue for the third quarter of 1999 was $33,000, compared to no revenue in the third quarter of
1998. Net loss was $20 million, or $3.40 per share, in the third quarter of 1999, compared to a net loss
of $2.7 million, or $0.89 per share, in the third quarter of 1998.
Revenue for the nine months ended September 30, 1999 was $41,000, compared to no revenue in the
nine months ended September 30, 1998. Net loss was $32 million, or $6.50 per share, for the nine
months ended September 30, 1999, compared to a net loss of $5.7 million, or $1.94 per share, for the
nine months ended September 30, 1998.
''In the third quarter we achieved an important milestone in TiVo's evolution -- we initiated retail
distribution of TiVo's Personal Video Recorder,'' said Mike Ramsay, TiVo's president and CEO. ''We
achieved 150% growth in our subscriber base over the previous quarter. We are particularly gratified
with this growth given that we only launched nationwide retail distribution very late in the quarter.''
Ramsay continued, ''More specifically, at quarter end, we had approximately 2,500 total TiVo Personal
TV subscribers. Most of the growth occurred in September, coinciding with the expansion of retail
distribution capacity, which was comprised of 520 retail stores by month end. This rapid increase in
momentum has been sustained, adding a further 1,800 retail stores. Month to date, our total subscription
base has grown to over 4,300. Additionally, we introduced exciting new enhancements to the TiVo
Service and completed a successful Initial Public Offering raising over $92 million. These
accomplishments combined with our industry leading service, position TiVo to take advantage of the
emerging personal TV market.''
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Silicon Valley
Oct 15, 1999
Quantum Makes a Big Bet on TiVo and the
Personal Video Recorder Industry
By Eric Moskowitz
Senior Writer
Hard-drive maker Quantum has been under the weather recently,
but the company could be getting a boost from its early bet on the
heavily publicized personal video recorder industry and the
industry's IPO star TiVo (Nasdaq:TIVO - news) .
A PVR is essentially a very smart video recorder; instead of using
a removeable tape, like a videocassette recorder, the PVR stores
viewing material on a hard disk, similar to the kind found in a
personal computer. This way a hard disk can simultaneously play
video programming and record other programming; another element
of this new technology is that it allows viewers to zap out the
commercials. Since its IPO Sept. 30, TiVo has jumped 143% from
its offering price.
Analysts say PVRs, with their simple on-screen guides and ability to record programs by relying on
keywords such as "Chicago Bulls" or "NYPD Blue," will revolutionize TV viewing habits. But it's the
popularity of hard-drive recording technology that could benefit Quantum investors. Apart from TiVo,
Quantum also supplies disk drives to another PVR company, Replay Networks, which recently
secured $57 million in its second round of financing from media big wigs like Time Warner
(NYSE:TWX - news) , Disney (NYSE:DIS - news) and Viacom (NYSE:VIA - news) . Despite the
high prices and low penetration now, there will be 14 millio! n homes with PVRs by 2004, predicts the
tech research firm Forrester Research. |
