TiVo has now reached 7 million subscriptions for its enabled platforms deployed by operators in North America and Europe.
Its cumulative subscriptions have grown by around 1.5 million, or 27%, since January 31, 2015.
Commenting on the new milestone, Naveen Chopra, TiVo’s interim CEO, said: “Our subscription growth tells a clear story: customers and consumers want a simple way to deal with an increasingly fragmented viewing experience – and TiVo continues to be one of the most elegant solutions available. Bottom line, in a world where more content is being delivered from the cloud, our technology is more valuable than ever when it comes to letting people access the content they want, on the device they want, in the way they want.”
He added: “The changes we’re making to our business and the sharper focus on execution will continue to fuel innovation, subscription growth, and enhanced profitability. We are very proud of this milestone, and more importantly, we have an incredible amount of opportunity in front of us and a plan for capturing it.”
Operators that have to date deployed TiVo include Virgin Media, Vodafone Spain, RCN, Cogeco and Suddenlink.
