Cable Technology Feature Article
TiVo Premiere Elite Is Introduced at CEDIA 2011
By Ed Silverstein, TMCnet Contributor
TiVo Premiere Elite is a DVR with four tuners, letting users record four different shows at the same time, while even viewing a fifth recorded program. It also has a 2-terabyte hard drive which allows for up to 300 hours of recorded HD programming.
“Other than the name, the new TiVo has Series 4 architecture (a better, faster UI) as well as space for 300 hours of programming. You can record four shows at once (if you have the right number of CableCARDs) and it supports up to 1080p recording,” comments TechCrunch. “If you’re totally into watching four shows at once, this may be the unit for you.”
It will be displayed and demonstrated at the TiVo Booth (Booth # 2140) at CEDIA 2011 in Indianapolis, Ind., Sept. 8-10. CEDIA EXPO is a major trade show for residential electronics.
"This product was designed specifically for the high-end custom home theater integrator or enthusiast looking to complete their home entertainment system with a best-in-class TV experience," Doug Bieter, vice president of Retail Sales for TiVo, said in a company press release. "With the added distinction as a THX-certified DVR, the TiVo Premiere Elite offers a high-end solution for premium quality installers looking for an improved way to get the most out of a customer's high definition television and cable subscription."
In a related matter, TiVo recently reported financial results for the second quarter ended July 31.
In a press release carried by TMCnet, Tom Rogers (News - Alert), president and CEO of TiVo, said, "This was another milestone quarter for TiVo, highlighted by our successful execution on key strategic growth initiatives. On the heels of our historic settlement with DISH Network, in the second quarter we delivered better than anticipated revenue, Adjusted EBITDA and net income, exceeding our guidance. Further, the deals we have signed over the past years as a source of growth are now delivering a substantial number of subscribers, and we believe this trend should accelerate with more deployments later this year. Finally, we added yet another distribution relationship in the U.S., this time with Grande Communications (News - Alert).”
During the second quarter, service and technology revenues were $49.6 million, an 18 percent increase when compared to $42.1 million for the same period in 2010. TiVo also reported a net loss of ($19.6) million, compared to a net loss of ($15.3) million in the same quarter in 2010.
Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.
Ed Silverstein is a TMCnet contributor. To read more of his articles, please visit his columnist page.
Edited by Stefanie Mosca