SOURCE: TiVo Inc.

TiVo Inc.

February 18, 2016 12:05 ET

TiVo Statement on FCC Set Top Box Notice of Proposed Rulemaking

SAN JOSE, CA--(Marketwired - Feb 18, 2016) -  TiVo® Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market, released the following statement today regarding the Federal Communications Commission (FCC) action:

"Given the sunset of the integration ban and the absence of an industry-supported successor to CableCARD, the FCC's rulemaking is important to ensure choice for consumers, operators, and content creators," said Matt Zinn, TiVo's Senior Vice President, General Counsel and Chief Privacy Officer. "We are hopeful that this proceeding results in a competitive environment that increases choice, both for consumers and operators, and protects the business models that operators and device makers have created under the current CableCARD system."

About TiVo Inc.
TiVo Inc. (NASDAQ: TIVO) is a global leader in next-generation television services. With global headquarters in San Jose, CA and offices in New York, NY, Durham, NC, and Warsaw, Poland, TiVo's innovative cloud-based Software-as-a-Service solutions enable viewers to consume content across multiple screens in and out-of-the home. The TiVo solution provides an all-in-one approach for navigating the 'content chaos' by seamlessly combining live, recorded, on-demand and over-the-top television into one intuitive user interface with simple universal search, discovery, viewing and recording from a variety of devices, creating the ultimate viewing experience. TiVo products and services are available at retail or through a growing number of pay-TV operators worldwide. TiVo's multiple subsidiary companies provide the broader television industry and consumer electronics manufacturers with set-top box, cloud-based video discovery and recommendation options, interactive advertising solutions, and audience research and measurement services. More information at: www.TiVo.com.