TiVo and thePlatform Tapped by RCN for TV Everywhere Solution
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ALVISO, CA and SEATTLE, WA and PRINCETON, NJ, May 30 (Marketwire) -- TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in advanced television services, including digital video recorders (DVRs), for consumers, content distributors and consumer electronics manufacturers, and thePlatform, the leading white-label video publishing company, today announced that they have been selected by RCN Telecom Services, LLC, a leading provider of all-digital and high definition video, high-speed internet, and premium voice services, to create RCN's forthcoming TV Everywhere portal. The new TV Everywhere portal will feature the ability to watch video over an Internet connection, plus seamless integration with RCN's linear television and On Demand offering, all accessible through the rich TiVo user experience. thePlatform's cloud-based, mpx management system will collect, protect, and publish online video to RCN's TV Everywhere portal across IP-connected devices. The new solution will ensure there is a common, simple user interface across all the devices that authenticated RCN subscribers use to access their TV content in and out of the home. The new offering will enable RCN video households access to the renowned TiVo user experience, including universal search, browse, recommendations, personalization, playback and much more. The RCN TV Everywhere portal will go beyond traditional TV Everywhere offerings by unifying linear, operator VOD, and RCN TV Everywhere content. The seamless experience will include a single sign on, embedded playback, and integration with DVR features where a TiVo DVR is present including remote scheduling and set-top box management. RCN plans to initially offer thousands of free on-demand titles including a broad range of movies and TV episodes and plans to rapidly scale the number of titles, and programs. Jim Holanda, CEO of RCN, stated, "We've experienced tremendous success with the TiVo user experience with both our DVR and whole-home offerings, and are excited about extending that proposition to our entire video subscriber base. Coupled with thePlatform's back-end expertise, we're building a compelling new experience to extend the subscription value for our customers. With our new TV Everywhere offering RCN will continue to lead the industry with advanced television solutions and meet our subscriber demand for access to content anywhere, anytime at no additional cost." David Sandford, Vice President and General Manager of TiVo's Service Provider Business, said, "RCN is one of our most innovative partners and we are excited to expand TiVo's current suite of services to now enable access to content across multiple screens both in and out of the home. This solution will provide unparalleled integration with TiVo's set-top box, tablet and smart-phone interfaces for those subscribers utilizing the RCN-TiVo whole-home solution, making the television viewing experience that much easier and enjoyable." "RCN is a leader in providing advanced TV and communications services, and we're very proud that they have selected mpx to help extend their efforts online and beyond," said Ian Blaine, CEO of thePlatform. "We look forward to working with RCN and TiVo to deliver a compelling new class of video services to RCN's customers." RCN's TV Everywhere portal will be deployed in phases beginning later this year. Additional details about the implementation or financial terms were not disclosed. About TiVo Inc. Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). TiVo offers the TiVo service and TiVo DVRs directly to consumers online at www.tivo.com and through third-party retailers. TiVo 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. An economical, one-stop-shop for in-home entertainment, TiVo's intuitive functionality and ease of use puts viewers in control by enabling them to effortlessly navigate the best digital entertainment content available through one box, with one remote, and one user interface, delivering the most dynamic user experience on the market today. 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. About thePlatform thePlatform(TM) is a leading white-label video management and publishing company. Media companies rely on thePlatform as their open, central hub for managing, monetizing, and syndicating billions of professionally produced video views annually. The company's services provide proven versatility for designing and supporting video businesses on PCs, mobile, and TV. Customers include: A+E Networks, Cablevision, CBC, Comcast, Cox Communications, HIT Entertainment, Liberty Global, NBC Local Media, Outdoor Channel, PBS, PBS KIDS Sprout, Rogers, Shaw Media, Sky Television Network, Time Warner Cable, Travel Channel Media, truTV and numerous others. With more than a decade history of service, thePlatform is an independent subsidiary of Comcast, based in Seattle, Wash. For more information: www.thePlatform.com. About RCN About RCN Telecom Services, LLC is a privately-held competitive broadband services provider delivering all-digital and high-definition video, high-speed internet and premium phone services to residential and small-medium business customers. RCN's primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago. For more information on RCN, please visit www.rcn.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, TiVo and RCN's development and timing of the RCN TV Everywhere portal across the RCN subscriber network utilizing the TiVo user interface. 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 Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2012. 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. Contact: Erik Milster For TiVo Inc. (212) 446-1866 email@example.com Jeremy Pemble For thePlatform (206) 381-3600 firstname.lastname@example.org Cindy Gilsenan For RCN (609) 681-2180 email@example.com Copyright 2012, Marketwire, All rights reserved. -0-
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