SOURCE: TiVo Inc.

TiVo Inc.

January 05, 2015 09:00 ET

TiVo and iHeartRadio Partner to Bring Industry Leading Digital Radio Service to Even More TVs

TiVo and iHeartRadio to Deliver Access to Thousands of Live Radio Stations and User-Created Custom Stations Based on 20 Million Songs and 800,000 Artists

LAS VEGAS, NV--(Marketwired - Jan 5, 2015) - TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, today announced iHeartRadio, iHeartMedia's industry-leading streaming music and digital radio service, will be available on the TiVo Roamio, TiVo Mini and TiVo Premiere line of devices. The digital radio service delivers everything listeners want in an all-in-one platform: Instant access to live radio stations from across the country, user-created Custom Stations inspired by a favorite artist or song and thousands of curated digital stations -- now from their TiVo.

"TiVo offers a dynamic experience in bringing together cable content, streaming video services and the web and we're proud to partner with them to bring our unparalleled catalogue of live radio stations and personalized, custom stations to their devices," said Darren Davis, President of iHeartRadio.

This newest addition to the TiVo platform makes it easy for users to jam out to their favorite music throughout the home with one device. With instant access to all the best music, the iHeartRadio library includes more than 20 million songs, 800,000 artists and 2,000 live radio stations. Browse for new music or create your own commercial free stations from all your favorite genres including pop, country, urban, rock, talk, college and more.

"We are thrilled to bring iHeartRadio to our users," said Evan Young, General Manager, Content & Applications at TiVo. "It's our goal to offer a variety of quality video and music apps on our platform and iHeartRadio offers something extremely unique between providing access to live radio stations from across the country to the ability to create stations based on your favorite artists and songs."

iHeartRadio Features Include:

  • Instant access - Whether you're looking for live radio stations or to custom create your own, iHeartRadio offers quick access anytime and anywhere.
  • Variety - Access to thousands of live radio stations including pop, country, urban, rock, talk, college and more from coast-to-coast.
  • Browse and scan - Browse radio stations by music genre and location, then hit the scan button to move from radio station to radio station for enhanced music discovery
  • Thumbs up or thumbs down - Let DJs know which songs you love and which you don't
  • Personalization - Create your own personalized experience from iHeartRadio's catalog of over 20 million songs and 800,000 artists to create your own commercial-free, uninterrupted custom station
  • Mood - Browse through a menu of moods and activities to discover new music that is "Perfect For" waking up, staying up, working out, taking a road trip and many other daily moods or activities.

Availability
TiVo users can expect the iHeartRadio application to appear on their TiVo Roamio, TiVo Mini and TiVo Premiere line of devices during a rolling update over the next few weeks.

About iHeartMedia
With 245 million monthly listeners in the U.S., 97 million monthly digital uniques and 196 million monthly consumers of its Total Traffic and Weather Network, iHeartMedia has the largest reach of any radio or television outlet in America. It serves over 150 markets through 859 owned radio stations, and the company's radio stations and content can be heard on AM/FM, HD digital radio, satellite radio, on the Internet at iHeartRadio.com and on the company's radio station websites, on the iHeartRadio mobile app, in enhanced auto dashes, on tablets and smartphones, and on gaming consoles.

iHeartRadio, iHeartMedia's digital radio platform, is the No. 1 all-in-one digital audio service with over 430 million downloads; it reached its first 20 million registered users faster than any digital service in Internet history and reached 50 million users faster than any digital music service and even faster than Twitter, Facebook and Pinterest. The company's operations include radio broadcasting, online, mobile, digital and social media, live concerts and events, syndication, music research services and independent media representation. Visit iHeartMedia.com for more company information.

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. More information at: www.TiVo.com.

TiVo, the TiVo logo, WishList, Season Pass, and Roamio are trademarks or registered trademarks of TiVo Inc. or its subsidiaries. All other trademarks are the property of their respective owners.

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, the future availability of iHeartRadio service on designated TiVo devices. 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, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2014, Quarterly Report on Form 10-Q for the quarters ended April 30, 2014, July 31, 2014, and October 31, 2014 and Current Reports on Form 8-K. 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 Information