Virgin Media is to offer TV subscribers a TV Anywhere service within the next few weeks.
The facility will allow the live streaming of channels to the iPhone, iPad, PC or Mac alongside several thousand hours of on demand content. The iPad and online versions will also allow Virgin Media TiVo customers to tap into their TiVo boxes to record shows, manage their recordings and change their series links.
It was first mooted by Virgin COO Andrew Barron at an IBC session in 2011.
Virgin recently revamped in movies pay-per-view service, dropping the longstanding FilmFlex brand in favour of Virgin Movies.
In stable financial results total revenues increased 2.8% to £1,028m due to growth in both consumer and business segments. Operating income increased 40% to £180m and net income was £124m, compared to a net loss of £74m in the third quarter last year.
Neil Berkett, Chief Executive Officer of Virgin Media, said: “This has been a quarter where continued strong demand for superfast broadband and TiVo has led to lower churn and meaningful cable customer growth.”
TiVo continues to revitalize Virgin’s pay-TV growth, addition an additional 205,900 more customers on the quarter to reach 1.14 million. This represents 30% of the customer base. The overall number of paying TV customers increased by 52,000 on the quarter. However, net additions were lower.
Demand for even faster speeds remains strong with around 44% of new broadband subscribers taking speeds of 60 Mbps or higher during the quarter. There are now 837,500 customers on tiers between 50 Mbps and 120 Mbps