New Video Option Combines OTA and OTT for Frontier High-Speed Internet Subscribers Across Multiple Markets
SAN JOSE, CA -- (Marketwired) -- 02/25/15 -- TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, and Frontier Communications Corporation (NASDAQ: FTR), the largest communications company with a focus on rural areas and small and medium-sized towns and cities in the United States, today announced a multi-year partnership.
Starting in mid-2015, Frontier will market and deploy co-branded versions of TiVo's suite of whole-home products and services, including an industry-first deployment of the TiVo Roamio DVR with over-the-air (OTA) support as part of its video offering for residential and business customers across multiple markets. The TiVo Roamio DVR receives content both over-the-air and over the Internet.
The new partnership will enable Frontier's high-speed Internet customers to enjoy a consistent TV experience spanning major broadcast channels and over the top (OTT) content via TiVo's unified cloud-based service, a whole-home gateway DVR, TiVo Mini, TiVo Stream. Multi-screen and remote scheduling functionality will be available through TiVo Web, iOS and Android mobile applications. Frontier customers with high-speed Internet service will enjoy an all-in-one DVR, a broad line-up of over-the-top applications, and a variety of top-tier streaming video services via a high-quality streaming solution.
Frontier President and Chief Operating Officer Dan McCarthy noted, "TiVo's latest generation OTA platform enables us to launch a game-changing new service with delivery of the best of broadcast television, seamlessly integrated with over-the-top video, bundled with Frontier's high-speed data service."
He added, "This is a great opportunity for our customers and a compelling strategic product for Frontier. We believe this is a model for a cost-effective, far-reaching video service of the future and look forward to it becoming a primary TV offer for our high-speed Internet only customers."
Naveen Chopra, Chief Financial Officer and SVP of Corporate Strategy at TiVo commented, "We're proud to partner with Frontier on the next generation of video. This innovative offering opens up the wealth of content available over the air and via streaming services and simplifies the user experience with a great interface and high-speed Internet bundle from Frontier. From billing to installation to hitting 'play,' this could be the simplest and most cost-effective way to get great television into your home and onto all your devices."
TiVo Inc. (NASDAQ: TIVO) is a global leader in next-generation television services. With global headquarters in San Jose, CA and offices in New York, NY, Boston, MA and Durham, NC, TiVo's innovative cloud-based Software-as-a-Service solutions enable viewers to consume content across all screens in and out-of-the home. The TiVo solution provides an all-in-one approach for navigating the 'content chaos' by seamlessly combining live, recorded, on-demand and over-the-top television into one intuitive user interface. The TiVo experience provides TV viewers with simple universal search, discovery, viewing and recording from any device, creating the ultimate viewing experience. TiVo products and services are available at retail or through a growing number of pay-TV operators world-wide. TiVo's multiple subsidiary companies provide the broader television industry and consumer electronics manufacturers, cloud-based video discovery and recommendation options, interactive advertising solutions and audience research and measurement services. More information at: www.TiVo.com.
TiVo, the TiVo logo, WishList, Season Pass, Roamio, are trademarks or registered trademarks of TiVo Inc. or its subsidiaries. All other trademarks are the property of their respective owners.
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) offers high-speed Internet, voice, video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for residential customers, small businesses and home offices and advanced communications for medium and large businesses in 28 states. Frontier's approximately 17,400 employees are based entirely in the United States. More information is available atwww.frontier.com.
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, the future deployment of TiVo products and services by Frontier Communications in 2015 and later. 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, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2014, Quarterly Report on Form 10-Q for the quarters ended April 30, 2014, July 31, 2014, and October 31, 2014 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 Inc.
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