Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

TiVo Introduces $99 Mini Device That Works With Customers’ DVRs

March 11 (Bloomberg) -- TiVo Inc., the company that helped pioneer digital video recorders, introduced a $99.99 accessory called the TiVo Mini that lets users access applications and use their existing DVRs in additional rooms.

The device requires a $5.99 monthly subscription fee or customers can make a one-time payment of $249.98 to get the Mini and lifetime service, the San Jose, California-based company said in a statement. The TiVo Mini lets customers access one of their DVRs and use its features on another TV without having to give it its own set-top box.

The product represents a new potential revenue stream for a company that has struggled to maintain sales growth and profitability over the past five years. While TiVo helped create a category of devices that has become common -- used by millions of consumers to pause live TV and schedule recordings of shows -- the company has faced mounting competition in recent years.

“The TiVo Mini answers the demand for a simplified whole-home viewing experience and a more cost-effective solution than putting another client DVR or cable set-top box in another room,” said Jim Denney, general manager of product marketing for TiVo.

Link to Statement:{NSN MJHYS13V7U9W <GO>}

Link to Company News:{TIVO US <Equity> CN <GO>}

To contact the reporter on this story: Nick Turner in New York at nturner7@bloomberg.net

To contact the editor responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.