Pay-TV customers often have hundreds of channels at their fingertips, but the vast majority of them watch fewer than 10. TiVo’s quarterly Video Trends Report found that 83.5% of pay-TV users surveyed watched 10 channels or fewer, and the number of individuals who watch 11 or more channels was down 2.6% from the previous quarter.
An administrative law judge has ruled that Comcast and set-top vendors Arris and Technicolor have infringed on two patents belonging to TiVo. Rovi Corp. complained to the International Trade Commission in April 2016 that Comcast and its vendor partners were infringing on six patents related to digital video recording and interactive program guides.
TiVo shares soared Tuesday on positive news from the International Trade Commission regarding its patent dispute with Comcast and others. In an SEC filing Tuesday, TiVo said it received the final initial determination issued by the ITC’s administrative law judge, which concludes Comcast violated two patents.
TiVo said Carson will remain in his position until a successor can be appointed. He’ll remain an adviser to the new CEO and the board upon his leaving.
Walt Horstman, a pioneer of programmatic TV advertising, has joined TiVo as SVP-GM of analytics and advertising, a role that will put him in charge of both the data and the advertising markets that TiVo helps make and influence.
TiVo released its 4Q 2016 Video Trends Report, which brings insight into the state of pay-TV. Of the 17% of the respondents without a pay-TV provider, 19.8% of the segment cut service in the last 12 months. The three main reasons for cutting pay-TV service are its high expense, the use of Internet streaming services, and the desire for only basic channels through an antenna.
Samsung no longer has to fear a patent infringement suit from TiVo: The DVR pioneer — recently bought by Rovi, which changed its name — announced a “broad intellectual property license” with Samsung that includes a stay of their litigation “upon satisfaction of certain conditions.”
TV viewers are now quicker to leave TV shows they love because they can be too difficult to find — and/or too costly. A global TiVo study of 5,550 pay TV and over-the-top (OTT) subscribers says 37% have stopped watching a TV program — called “show dumping” — because it became too difficult to access the content.
Reports say 83% of consumers watch 10 or fewer channels, with 2% fewer respondents watching 11 to 20-plus channels — down 1.5% versus a year ago; 2.0% from two years ago, and 4.1% from three years ago.
Entertainment technology company Rovi has purchased original DVR service TiVo for $1.1 billion, or $10.70 per share. Talks of such an acquisition heated up last month, and now it’s official. That $10.70 price represents a premium of approximately 40 percent over TiVo’s closing stock price of $7.66 on March 23 — the last trading day prior to media speculation about a possible transaction.
Rovi Corp. and TiVo Inc. are seeking to resolve differences over valuation and intellectual property, as the digital entertainment companies continue active merger talks, according to people familiar with the matter.
Apple has put plans for its own “skinny” streaming bundle on hold, but the tech giant could expand its presence in the television space with the acquisition of DVR maker TiVo, according to an analyst with Albert Fried. Reports surfaced in late March that TiVo was in talks to be acquired by Rovi, a supplier of interactive program guides. While the analyst says that deal has merits, a TiVo acquisition by a consumer electronics company like Apple, Amazon or Microsoft is more attractive.
TiVo’s research division released a new report suggesting brands are penny-wise but dollar-foolish when they move their advertising dollars out of television.
One of the key selling points of the new TiVo Bolt is how the sleek little DVR-on-smart-drugs allows users to zap through entire commercial pods at the push of a button. Naturally, TV networks aren’t at all enthused about this development, which might explain why the two TiVo commercials that specifically address Bolt’s ad-skipping feature have disappeared almost as soon as they arrived.
Tom Rogers, TiVo’s longtime CEO, will resign in early 2016, but will continue with TiVo as non-executive chairman of the board as of Feb. 1, 2016.
TiVo and Viacom have announced a partnership designed to create more highly targeted campaigns for advertisers, using the set-top box maker’s measurement tools and Viacom’s proprietary data and ad solution dubbed “Vantage.”
The set-top box firm will announce today that it will give away for free the basic TV ratings data that has been sold for decades by Nielsen and, more recently, some smaller players angling to break its hold.
TiVo wants to play the ratings game. Set-top viewing data is a hot commodity, but now TiVo says it plans to give the information away for free. In a note on the TiVo Research website, the company says that it will celebrate the merger of ratings companies comScore Inc. and Rentrak Corp. with the release of free TV ratings data starting in the first quarter of 2016.
With one press of a button on the remote, TiVo’s new digital video recorder will skip the entire commercial break. That’s quicker than the 30-second forward feature found on previous TiVos. On the new TiVo Bolt, TiVo will tag the start and end of commercial breaks so that viewers can skip that section when watching on their recordings. The feature will work with about 20 over-the-air and cable channels, including the major broadcast networks, mostly during primetime hours.
TiVo is heading back to court, this time with a patent infringement suit against Samsung. Its DVRs improperly use TiVo’s processes that enable viewers to watch one show while recording another, the company says. Over the last few years TiVo prevailed in a series of suits and settlements with Google, Cisco, Time Warner Cable, AT&T, Verizon and Dish Network.
TiVo has named a highly regarded research executive, Frank Foster, to run its single-source audience measurement unit, TiVo Research and Analytics.
TiVo has launched a promo for ex-Aereo customers that gives them a Roamio OTA box, a TiVo Stream and two years of service for no money down and $20 per month.
TV binging is growing. But while it can bring much joy to consumers, it can also bring the blues. A new study on TV binging by TiVo Research says that 52% of those surveyed are “experiencing feeling sad” when they approach the end of a TV series.
TiVo’s stock rose 4.7% in after-market trading Tuesday after the TV services’ company beat first-quarter estimates on strong subscriber growth. Earnings fell 2.5% in the period, to $7.9 million, or 8 cents per share, from $8.1 million, or 7 cents, last year. Revenue gained 7.1% to $115 million.
Ask TiVo CEO Tom Rogers to see the future of media and he’ll tell you clearly — personalization, something that will forever break the editorial control of Big Media and the tyranny of choice. In truth, however, personalization, even in digital media, has not come very far, with most consumers still reading or watching packages of channels or stories curated for them by providers.
TiVo Inc. President-CEO Tom Rogers said in a statement Friday that the San Jose, Calif.-based company will acquire Aereo’s trademarks and customer lists. He said that it will help Tivo serve consumers that “want access to both broadcast television and over the top content.”
TiVo might be laughing all the way to the bank after trumping the Big 4 networks to launch a streaming service that offers their best comedic content. TiVo CEO Tom Rogers revealed the company’s new “Networks Comedy Collections” concept Thursday on the Fox Business Network. The “Comedy Collections,” culled from ABC, CBS, Fox and NBC, will be customized by TiVo subscribers into bundles of favorite sitcoms and latenight shows.
As TiVo scores access to the names of about 100,000 former Aereo customers, a bankruptcy plan is made to wind down Aereo’s business and settle claims by TV broadcasters.
TiVo stock jumped 6.2% to $11.95 per share in after-market trading Tuesday after the television-services provider blew past projections for the fourth quarter. Earnings of 7 cents per share eclipsed analyst expectations of 4 cents, while revenue of $114 million topped the consensus forecast of $89 million.