SOURCE: TiVo Inc.

TiVo Inc.

October 30, 2014 07:11 ET

VUDU Entertainment Service Launches on TiVo

Subscription-Free Video-on-Demand Service Provides TiVo Users With Added Flexibility to Watch Content on Their Terms

SAN JOSE, CA--(Marketwired - Oct 30, 2014) - TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television entertainment market today announced the launch of VUDU, Walmart's subscription-free, video-on-demand movie service to TiVo® devices. The VUDU application enables users to rent or purchase new release movies and TV shows, as well as access a fully customized Ultraviolet cloud library.

VUDU's recently expanded catalog features newly added TV shows from CBS, Comedy Central, HBO®, MTV, National Geographic, Nickelodeon and SHOWTIME® as well as blockbuster movies, Hollywood classics and independent films. VUDU content purchased via the TiVo service is viewable on other VUDU-enabled devices or platforms including game consoles, Internet-connected Blu-ray players and HDTVs, tablets, computers and more. Also, content purchased on any of these platforms can be viewed through the TiVo service.

"VUDU gives our customers even more choice and flexibility when it comes to searching for, accessing and enjoying a wide variety of content," said Tara Maitra, Senior Vice President, GM, Content and Media Sales at TiVo. "Now more than ever, TiVo makes it easy to consolidate all of your content into one, comprehensive experience that can then be accessed anywhere anytime from your TV and mobile devices."

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

About VUDU
VUDU, a leading digital video on demand service, is the easiest way to discover, watch and collect the latest movies and TV shows. VUDU is free to join and provides instant access to over 100,000 titles to rent or own in up to stunning 1080p resolution and 7.1 digital surround sound. VUDU is committed to making entertainment digital and accessible, launching innovative features such as Disc to Digital, Share My Movies and InstaWatch. VUDU is unmatched in availability across platforms and devices, and works on internet-connected TVs and DVD/Blu-ray players, Windows and Mac computers, iOS and Android mobile devices, set-top boxes like Roku, and PlayStation and Xbox game consoles. VUDU is a wholly-owned subsidiary of Walmart Stores, Inc., and is based in Sunnyvale, CA. For more information, visit www.vudu.com.

About TiVo
TiVo Inc. (NASDAQ: TIVO) is a global leader in next-generation television services. TiVo's innovative cloud-based Software-as-a-Service solutions enable viewers to consume content across all screens in and out-of-the home, providing 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. The TiVo experience provides TV viewers with simple universal search, discovery, viewing and recording from any device, creating the ultimate viewing experience. TiVo products and services are available at retail or through a growing number of pay-TV operators world-wide. TiVo's multiple subsidiary companies provide the broader television industry and consumer electronics manufacturers, cloud-based video discovery and recommendation options, interactive advertising solutions and audience research and measurement services. More information at: www.TiVo.com.

TiVo, the TiVo logo, WishList and Season Pass 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 the VUDU Entertainment Service on the TiVo service. 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, our Quarterly Reports on Form 10-Q for the periods ended April 30, 2014 and July 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.

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