By using an antenna instead of subscribing to cable, viewers can
enjoy the highest quality HDTV programming while saving more than $800
over a three-year period
SAN JOSE, Calif.--(BUSINESS WIRE)--
TiVo
Corporation (NASDAQ: TIVO), a global leader in entertainment
technology and audience insights, today introduced TiVo
BOLT OTA™ for antenna, a premium, 4K Ultra High Definition (UHD)
capable set-top box designed to work with HD antenna, equipped with an
on-screen user experience that looks and feels like a high-end cable
box. It’s a premium TV experience without the premium price.
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TiVo BOLT OTA is an all-in-one home entertainment product that
seamlessly combines the features of TiVo’s most powerful DVR with the
most popular online streaming services. BOLT OTA works with almost any
HD antenna and television, enabling consumers to freely watch or record
local TV programming, national news, sports and entertainment in HD
using an antenna (sold separately), but without the cost of renting
equipment from a pay-TV provider. Consumers enjoy this powerful
experience using a single, integrated device and with TiVo’s
award-winning voice controlled remote.
“TiVo BOLT OTA is the perfect solution for a broad range of TV
enthusiasts, including those considering cutting their cable TV
subscription or those who might have cut the cord but are missing some
programs that are only available via live TV,” said Ted Malone, vice
president of consumer products and services, TiVo. “We’ve seen growing
demand for our over-the-air products, and BOLT OTA is a major upgrade
that will continue to keep TiVo at the forefront of the market.”
TiVo’s research team estimates that cord cutter intenders, people who
are thinking about cutting the pay-TV cord for budgetary reasons, are
estimated to represent 25 percent of the general pay-TV viewing
population. BOLT OTA represents the ideal solution for these customers
who are looking to save money but are concerned they may lose important
programming or be stuck with complicated app solutions that are hard for
everyone in the household to use.
Cord cutter regretters have already moved to using only internet TV
services, including streaming apps, but are now rethinking their
decision based on missing programming choices and inferior viewing
experiences. BOLT OTA helps these customers regain a premium TV
experience without needing to re-subscribe to a pay-TV service that
charges them for channels they don’t want, or requires them to rent
set-top boxes.
TiVo BOLT OTA allows consumers to record and watch free, over-the-air HD
TV on their schedule. TiVo’s DVR includes four (4) tuners to avoid
recording conflicts and stores up to 150 hours of HD programming, so
viewers will never miss a moment of their favorite programs. They can
use SkipMode® to skip entire commercial breaks on recorded programs with
a single button press, and use voice commands to quickly find what
they’re looking for with TiVo VOX Remote®. They can
seamlessly search and discover quality shows, skip ads and gain access
to the most relevant TV recommendations.
TiVo BOLT OTA combines OTT and OTA, giving consumers seamless access on
one user interface to top streaming apps like Netflix, Amazon Prime
Video and Hulu, as well as commercial free HDTV programming. TiVo will
search across live TV, recordings and popular streaming services to
deliver personalized results. Plus, they can stream and download shows
to their mobile devices, watch their favorite content on-the-go, or
schedule recordings almost anywhere with the free TiVo app or add a TiVo
Mini for a multi-room, whole-home TV solution.
Availability & Pricing
The TiVo BOLT OTA costs $249.99 and has a monthly service fee of $6.99
or annual fee of $69.99. TiVo BOLT OTA will be available beginning
September 28, 2018.
Read more about TiVo BOLT OTA on the
blog.
About TiVo
TiVo Corporation (NASDAQ: TIVO) is a global leader in entertainment
technology and audience insights. From the interactive program guide to
the DVR, TiVo delivers innovative products and licensable technologies
that revolutionize how people find content across a changing media
landscape. TiVo enables the world’s leading media and entertainment
providers to deliver the ultimate entertainment experience. Explore the
next generation of entertainment at tivo.com
or follow us on Twitter @tivo
or @tivoforbusiness.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements. Readers are
cautioned that such forward-looking statements involve risks and
uncertainties that could cause actual events or our actual results to
differ materially from those expressed in any such forward-looking
statements. Readers are directed to TiVo’s periodic and other reports
filed with the Securities and Exchange Commission (SEC) for a
description of such risks and uncertainties. TiVo undertakes no
obligation to update any forward-looking statements.
Potential cost savings based on research conducted by TiVo as of
standard cable offerings, as of June 28, 2018. Claim of an estimated
savings of over $800 over three years is based on the median average
able to be saved based on standard cable fee packages. The pricing of a
standard cable package includes service fees, rental fees and hardware
costs. Feature and functionality comparison conducted by TiVo is based
on substantially equivalent features provided in a standard cable
package as advertised by various cable companies compared to those
features available with the TiVo BOLT OTA.
TiVo and the TiVo logo are registered trademarks of TiVo Corporation
and its subsidiaries worldwide. All other trademarks are the property of
their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180927005243/en/
TiVo
Lerin O’Neill, +1 408-562-8455
[email protected]
Source: TiVo Corporation