TiVo Inc.

Last updated
TiVo Inc.
FormerlyTeleworld Inc. (1997-1999)
Company type Public
Nasdaq: TIVO [1]
Industry Digital video recorders
FoundedAugust 4, 1997;26 years ago (1997-08-04)
FoundersJim Barton
Mike Ramsay
DefunctSeptember 8, 2016;7 years ago (2016-09-08)
FateAcquired by Rovi Corporation
Successor TiVo Corporation
Xperi
Headquarters,
Key people
Tom Rogers (CEO)
Products TiVo DVR
RevenueIncrease2.svg US$ 406 Million (2014)
Increase2.svg US$ 271.8 Million (2014)
Number of employees
630 (2014)
Website tivo.com
Footnotes /references
[2]

TiVo Inc. was an American corporation with its primary product being its eponymous digital video recorder. While primarily operating in the United States, TiVO also operated in Australia, Canada, Mexico, New Zealand, Puerto Rico, Taiwan, the United Kingdom, and Western Europe. [3] On September 8, 2016, TiVo Inc. was acquired by Rovi Corporation. The new entity became known as TiVo Corporation, which in turn, merged with Xperi in December 2019. [4]

Contents

History

The company TiVo Inc. was incorporated on August 4, 1997, as Teleworld, Inc. by Jim Barton and Mike Ramsay, former employees at Silicon Graphics and Time Warner's Full Service Network digital video system. [5] Originally intending to create a home network device, they later developed the idea to record digitized video on a hard disk for a monthly service, at the suggestion of Randy Komisar. [6] [ better source needed ] The original TiVo device digitized and compressed analog video from any source. [5]

Teleworld began the first public trials of the TiVo device and service in late 1998 in the San Francisco Bay area. [7]

Teleworld, Inc. renamed itself to TiVo Inc. on July 21, 1999, and made its IPO (Initial Public Offering) on September 30, 1999. [5]

In late 2000, Philips Electronics introduced the DSR6000, the first DirecTV receiver with an integrated TiVo DVR. [5] This new device, nicknamed the DirecTiVo, stored digital signals sent from DirecTV directly onto a hard disk. [8]

In early 2000, TiVo also partnered with electronics manufacturer Thomson and broadcaster British Sky Broadcasting to deliver the TiVo service in the UK market. [9] This partnership resulted in the Thomson PVR10UK, a stand-alone receiver released in October 2000.[ citation needed ] In January 2003, After poor sales, TiVo pulled out of the UK market. [10]

On January 27, 2004, TiVo announced the acquisition of Strangeberry Inc., a Palo Alto-based technology company specializing in using home network and broadband technologies to create new entertainment on television. [11]

In 2004, TiVo sued EchoStar Corp, a manufacturer of DVR units, for patent infringement. The parties reached a settlement in 2011 wherein EchoStar paid TiVo a licensing fee for its technology. [12]

In June 2005, Tom Rogers, a TiVo board member since 1999, was named president and chief executive officer of TiVo Inc. [13]

In 2006, TiVo, Inc. won an Emmy Award for Outstanding Innovation and Achievement in Advanced Media Technology. [5] TiVo was again awarded an Emmy in 2013 for Technical and Engineering Achievement for Personalized Recommendation Engines for Video Discovery. [14]

On November 25, 2009, TiVo re-entered the UK market by announcing a partnership with UK cable company Virgin Media. [15] By 2012, TiVo services had become a part of 18% of Virgin's TV customer base.[ citation needed ] By the end of 2013, TiVo was installed in 52%, or around 2 million, of all Virgin TV's subscribers. [16]

On January 19, 2010, Microsoft filed a lawsuit against TiVo, Inc. for patent infringement. [17] TiVo had also filed a lawsuit against Microsoft for patent infringement. The companies agreed to end their respective lawsuits in March 2012. [18]

On July 17, 2012, TiVo announced the acquisition of TRA, Inc., an audience measurement company that measures advertising effectiveness. [19]

On January 29, 2014, TiVo announced the acquisition of Digitalsmiths, a cloud-based content discovery and recommendation service for pay TV. [20]

In March, 2015, TiVo purchased the assets of Aereo, a technology company that allowed subscribers to view live and time-shifted streams of over-the-air television on Internet-connected devices, for $1 million. [21]

On April 29, 2016, Rovi announced that it had acquired TiVo Inc. for $1.1 billion, and that the combined company would operate under the TiVo brand. [22] [23] On September 8, 2016, the acquisition by Rovi Corporation was completed.

On December 19, 2019, TiVo and Xperi announced they had entered into a definitive merger agreement in an all-stock transaction, representing approximately $3 billion of combined enterprise value. The combined company's value creation plan will focus on integrating the companies’ respective product and IP licensing businesses. [24]

See also

Related Research Articles

<span class="mw-page-title-main">TiVo Corporation</span> American technology company (1983–2020)

TiVo Corporation, formerly known as the Rovi Corporation and Macrovision Solutions Corporation, was an American technology company headquartered in San Jose, California. The company is primarily involved in licensing its intellectual property within the consumer electronics industry, including digital rights management, electronic program guide software, and metadata. The company holds over 6,000 pending and registered patents. The company also provides analytics and recommendation platforms for the video industry.

<span class="mw-page-title-main">TiVo</span> Series of digital video recorders

TiVo is a digital video recorder (DVR) developed and marketed by Xperi and introduced in 1999. TiVo provides an on-screen guide of scheduled broadcast programming television programs, whose features include "OnePass" schedules which record every new episode of a series, and "WishList" searches which allow the user to find and record shows that match their interests by title, actor, director, category, or keyword. TiVo also provides a range of features when the TiVo DVR is connected to a home network, including film and TV show downloads, advanced search, online scheduling, and at one time, personal photo viewing and local music playback.

<span class="mw-page-title-main">MSN TV</span> Thin client that used a television for display

MSN TV was a web access product consisting of a thin client device that used a television for display, and the online service that supported it. The original WebTV device design and service were developed by WebTV Networks, Inc., a company started in 1995. The WebTV product was announced in July 1996 and later released on September 18, 1996. In April 1997, the company was purchased by Microsoft Corporation and in July 2001, was rebranded to MSN TV and absorbed into MSN.

A digital video recorder (DVR), also referred to as a personal video recorder (PVR) particularly in Canada and British English, is an electronic device that records video in a digital format to a disk drive, USB flash drive, SD memory card, SSD or other local or networked mass storage device. The term includes set-top boxes (STB) with direct to disk recording, portable media players and TV gateways with recording capability, and digital camcorders. Personal computers are often connected to video capture devices and used as DVRs; in such cases the application software used to record video is an integral part of the DVR. Many DVRs are classified as consumer electronic devices. Similar small devices with built-in displays and SSD support may be used for professional film or video production, as these recorders often do not have the limitations that built-in recorders in cameras have, offering wider codec support, the removal of recording time limitations and higher bitrates.

<span class="mw-page-title-main">Skype</span> Telecommunications software service/application

Skype is a proprietary telecommunications application operated by Skype Technologies, a division of Microsoft, best known for VoIP-based videotelephony, videoconferencing and voice calls. It also has instant messaging, file transfer, debit-based calls to landline and mobile telephones, and other features. It is available on various desktop, mobile, and video game console platforms.

Cisco Videoscape was a majority owned subsidiary of News Corp, which develops software for the pay TV industry. NDS Group was established in 1988 as an Israeli start up company. It was acquired by Cisco in 2012 before being sold back to the private equity company Permira in 2018 for US$1 billion. The company is currently headquartered in Staines, United Kingdom.

The Technology and Engineering Emmy Awards, or Technology and Engineering Emmys, are one of two sets of Emmy Awards that are presented for outstanding achievement in engineering development in the television industry. The Technology and Engineering Emmy Awards are presented by the National Academy of Television Arts and Sciences (NATAS), while the separate Primetime Engineering Emmy Awards are given by its sister organization the Academy of Television Arts & Sciences (ATAS).

RhythmOne plc, previously known as Blinkx, and also known as RhythmOne Group, is an American digital advertising technology company which owns and operates the web properties AllMusic, AllMovie, and SideReel.

Guide Plus+, TV Guide On Screen, TV Guide Daily, TV Guide Plus+ and Guide Plus+ Gold or G-Guide are brand names for an interactive electronic program guide (EPG) system that is used in consumer electronics products, such as television sets, DVD recorders, personal video recorders, and other digital television devices. It offers interactive on-screen program listings that enable viewers to navigate, sort, select and schedule television programming for viewing and recording. The differing names are only used for marketing purposes – the entire system is owned by Rovi Corporation, the successor to Gemstar-TV Guide International. In 2016, Rovi acquired digital video recorder maker TiVo Inc., and renamed itself TiVo Corporation.

TiVo digital video recorders encompass a number of digital video recorder (DVR) models that TiVo Corporation designed. Features may vary, but a common feature is that all of the units listed here require TiVo service and use its operating system.

<span class="mw-page-title-main">DirecTV</span> American direct broadcast satellite and streaming TV company

DirecTV, LLC is an American multichannel video programming distributor based in El Segundo, California. Originally launched on June 17, 1994, its primary service is a digital satellite service serving the United States. It also provides traditional linear television service delivered by IP through its U-verse TV brand and a virtual multichannel video programming distributor service through its DirecTV Stream brand. Its primary competitors are Dish Network, traditional cable television providers, IP-based television services, and other over-the-top video services.

Activision Blizzard, Inc. is an American video game holding company based in Santa Monica, California. Activision Blizzard currently includes five business units: Activision Publishing, Blizzard Entertainment, King, Major League Gaming, and Activision Blizzard Studios.

Tom Rogers is a media/technology executive who has shaped many corners of the communications industry. As the first President of NBC Cable, he revolutionized business and news coverage through the creation of CNBC, and MSNBC. As president and CEO of TiVo, he changed the face of TV consumption, including such impactful innovations as bringing Netflix and Amazon to the TV to initiate the streaming era.

Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay-TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.

Veveo is a software company based in Andover, Massachusetts.

HBO Go is an authenticated video-on-demand streaming system of the pay television service HBO, now serving only the Southeast Asian region at least until late 2024. The service previously allowed only subscribers to HBO via television providers to access its on-demand programming via the HBO website, mobile apps, and digital media players, among other devices.

The smartphone wars or smartphone patents licensing and litigation refers to commercial struggles among smartphone manufacturers including Sony Mobile, Google, Apple Inc., Samsung, Microsoft, Nokia, Motorola, Huawei, LG Electronics, ZTE and HTC, by patent litigation and other means. The conflict is part of the wider "patent wars" between technology and software corporations.

The history of AT&T dates back to the invention of the telephone. The Bell Telephone Company was established in 1877 by Alexander Graham Bell, who obtained the first US patent for the telephone, and his father-in-law, Gardiner Greene Hubbard. Bell and Hubbard also established American Telephone and Telegraph Company in 1885, which acquired the Bell Telephone Company and became the primary telephone company in the United States. This company maintained an effective monopoly on local telephone service in the United States until anti-trust regulators agreed to allow AT&T to retain Western Electric and enter general trades computer manufacture and sales in return for its offer to split the Bell System by divesting itself of ownership of the Bell Operating Companies in 1982.

The 58th Technology and Engineering Emmy Awards was held on January 8, 2007. The National Television Academy announced the winners at The Venetian Hotel in Las Vegas. DIRECTV's Eddy Hartenstein received the Lifetime Achievement Award for his role in the company's becoming a global provider of digital television.

Randy Komisar is an American technology attorney, executive, and author living in Silicon Valley, California. Komisar is the co-founder of Claris, former CEO of Lucas Arts Entertainment, Chief Financial Officer of GO Corp, and the "virtual CEO" of TiVo.

References

  1. "SEC".
  2. "Tivo Reports Results for the Fourth Quarter and Fiscal Year Ended January 31, 2014". TiVo. February 26, 2014. Archived from the original on March 27, 2014. Retrieved March 26, 2014.
  3. "In which countries is the TiVo Service available?". TiVo . Retrieved March 21, 2014.
  4. Gartenberg, Chaim (2019-12-19). "TiVo to merge with Xperi to create "one of the largest licensing companies in the world"". The Verge. Archived from the original on 2019-12-25. Retrieved 2019-12-27.
  5. 1 2 3 4 5 Asselin, Kristine Carlson (2012-09-01). TiVo: The Company and Its Founders . ABDO Publishing Company. ISBN   9781614801849.
  6. Komisar, Randy (2001). The Monk and the Riddle. Harvard Business Press. ISBN   9781578516445.
  7. Jim Davis (December 22, 1998). "TiVo launches "smart TV" trial". CNET. Archived from the original on October 21, 2012. Retrieved March 31, 2014.
  8. "DirecTV's TiVo ready to return December 8th in a few markets". Engadget. Archived from the original on 2012-12-07. Retrieved 2019-08-28.
  9. Robert Holmes (June 27, 1999). "Thomson multimedia chosen by BskyB and TiVo to launch the UK'S first Personal Video Recorder". PR Newswire. Archived from the original on May 13, 2014. Retrieved March 31, 2014.
  10. Matthew Broersma (February 5, 2003). "TiVo switches off UK sales". ZDNet. Archived from the original on July 15, 2023. Retrieved June 29, 2012.
  11. "TiVo Acquires Strangeberry". Silicon Valley Business Journal. January 24, 2004. Archived from the original on March 29, 2015. Retrieved February 14, 2016.
  12. Steven Russolillo (May 3, 2011). "Dish, EchoStar Settle TiVo Patent Litigation". The Wall Street Journal. Archived from the original on July 15, 2023. Retrieved March 15, 2017.
  13. Emily Church (June 27, 2005). "TiVo taps Tom Rogers as CEO". MarketWatch. Archived from the original on June 7, 2011. Retrieved July 1, 2009.
  14. Jeff Baumgartner (August 12, 2013). "TW Cable, TiVo Join Tech Emmy Haul". Multichannel News. Archived from the original on February 28, 2014. Retrieved March 31, 2014.
  15. Emma Barnett (March 4, 2010). "TiVo's UK launch could 'make British television personal'". The Daily Telegraph. Archived from the original on October 14, 2017. Retrieved April 3, 2018.
  16. http://investors.virginmedia.com/phoenix.zhtml?c=135485&p=irol-newsarticle&ID=1899958 [ dead link ]
  17. "Microsoft Corporation v. TiVo, Inc". RFC Express. January 19, 2010. Archived from the original on September 8, 2012. Retrieved March 31, 2014.
  18. Darren Murph (March 22, 2012). "Microsoft and TiVo agree to drop ongoing patent suits, we ask the world to follow". Engadget.com. Archived from the original on March 3, 2016. Retrieved September 16, 2017.
  19. Bill Carter (July 16, 2012). "TiVo to Buy Company That Tracks Shopping of TV Viewers". The New York Times . Archived from the original on July 15, 2023. Retrieved February 28, 2017.
  20. Jeff Baumgartner (January 29, 2014). "TiVo To Buy Digitalsmiths For $135 Million". Multichannel News. Archived from the original on March 2, 2014. Retrieved March 31, 2014.
  21. Perez, Sarah (13 March 2014). "TiVo Receives Approval To Acquire Aereo Assets". TechCrunch. Archived from the original on 22 April 2015. Retrieved 21 April 2015.
  22. "From TV trailblazer to IP afterthought: TiVo bought for $1.1 billion". Ars Technica. Conde Nast Digital. 29 April 2016. Archived from the original on 30 April 2016. Retrieved 29 April 2016.
  23. Picker, Leslie (29 April 2016). "Rovi Buys TiVo in $1.1 Billion Deal". The New York Times. Archived from the original on 2 May 2016. Retrieved 29 April 2016.
  24. Spangler, Todd (2019-12-19). "TiVo to Merge With Entertainment-Tech Firm Xperi in $3 Billion Deal". Variety. Archived from the original on 2019-12-19. Retrieved 2020-02-25.