Technology

×

TiVo exits STB business

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2018/05/14/TiVo-800.jpg?itok=4cqjF6RI

MUMBAI: TiVo is exiting the manufacturing, sales and distribution of set-top boxes to a yet-undisclosed third party, the company has said.

CEO Enrique Rodriguez, talking to analysts on its Q1 earnings call, said that consumers would continue to see TiVo-branded boxes in the retail sector, and specifically mentioned outlets such as Best Buy and Amazon. “Once we complete this transition, we still will have direct consumer hardware sales through TiVo.com, which we will be fulfilling through this box manufacturer.”

Q1 revenue was $189.9 million, with core revenue up $9.7 million (5.9 per cent). Product revenue was $116.9 million, up 2 per cent year-on-year.

Rovi Corp acquired TiVo in 2016 and Rodriguez said that synergies had already topped $100 million of its $110 million targeted savings from the combination.

Rodriguez told analysts that its traditional markets consist of consumer electronics, or CE manufacturers, and Pay TV service providers. “The emerging markets for us are virtual service providers, content and new media companies as well as advertisers. These are the areas that we believe will drive TiVo’s future growth.”

He added that TiVo had expanded its patent agreement with Google in Q1 to include YouTube TV. Additionally, KDDI renewed their OTT service agreement with TiVo in Japan. “In Asia, we added Telstra Corp as a licensee in Australia and renewed our IP licence deal with Alticast in Korea. In Europe, we added the number two service provider in a major European country as a customer under a six-year licence arrangement. This comes on top of renewing eight service providers in Europe last year.”

Also Read :

Tata Sky, Airtel DTH gain market share in 2017

Dish TV-Videocon d2h to bank on economies of scale

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/02/phone-pe.jpg?itok=Y6MuKvAC
PhonePe clocks 335 Million transactions in July. Hits USD $95 Billion Annual TPV Runrate

MUMBAI: PhonePe, announced today that it has achieved an annual TPV (Total payment volume) run-rate of $95 billion while clocking 335 Million transactions in July. PhonePe’s TPV run-rate has grown nearly 5X in the past year, since crossing the $20Bn mark in June 2018. This phenomenal growth has...

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/08/01/Videon.jpg?itok=XR6h1QiE
Videon Products at IBC2019

At IBC2019, Videon will showcase its award-winning EdgeCaster edge compute encoder. Videon's EdgeCaster is the industry's first HTTP CMAF streaming encoder that includes multiple-bit-rate outputs in support of ultra-low-latency streaming solutions for broadcast, pro AV, and prosumer applications —...

Technology Hardware Components
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/07/22/meitu.jpg?itok=XmZ38H8q
The Meitu App to wow Indian users with the launch of its new ‘Animate’ feature

MUMBAI: Leading global innovator in mobile photo and video technology, Meitu is set to disrupt India’s photo-editing app segment by unveiling its newest Animate feature. Using AI technology, Animate brings pictures to life with a variety of dazzling effects. Whether it’s floral aura, vanishing...

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/23/comptia.jpg?itok=i6GKTHS2
How to Get CompTIA A+ Certification with PrepAway IT Specialists

One of the leading vendor-neutral IT certification providers is known as Computer Technology Industry Association (CompTIA).

Technology Software Middleware
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/16/vidgyor.jpg?itok=HKAbhreX
Vidgyor develops machine learning based TV ad-break detection technology solution

Vidgyor started in 2014 by core team of video technology experts who worked at MNC like Yahoo!, STMicroelectronics developed machine learning (ML) based innovative solution which is latest advancement in their ecosystem.

Technology Hardware Components
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/13/talon.jpg?itok=SgNUTIeI
Talon Partners with Sahaj Software to develop Plato and Ada, Proprietary OOH Technologies

Talon has launched its proprietary AdTech platforms, for OOH advertising, Plato and Ada.

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/05/08/shilpa.jpg?itok=hLXImMf-
ShilpaShettyKundra pioneers India’s first celebrity fitness application

The world today is powered by the internet, and as India goes through the Digital Revolution, Wellness Entrepreneur, ShilpaShettyKundra is all set to launch a one of its kind holistic wellness Application – The ‘ShilpaShetty’ Application.

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/25/venkat.jpg?itok=M1_HNz7C
Worldline India appoints Venkat Sriramagiri as COO

Worldline India, a leading player in the payments and transactional services industry is pleased to announce the appointment of Mr. Venkat Sriramagiri as Chief Operating Officer (COO).

Technology Software Middleware
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/04/24/airtel.jpg?itok=nocdMy5f
Airtel renews long-term partnership with Synamedia to drive digital TV innovation

Synamedia, the world’s largest independent video software provider, today announced that it has extended its relationship with global telecoms operator Bharti Airtel in India. The new multi-year contract builds on Airtel’s 12-year partnership with Synamedia and the two firms’ shared foc uson...

Technology Software Applications

Sign up for our Newsletter

subscribe for latest stories