TiVo-owner Xperi says an additional Japanese brand is expected to launch smart TVs “Powered by TiVo” in the UK and Europe ahead of UEFA Euro 2024 in June.
Discount retailer Argos are already deploying the TiVo operating system in their Bush” house brand of smart TVs. They’re one of the first TVs to include the new public service broadcaster backed Freely streaming platform.
Vestel is now shipping smart TVs “Powered by TiVo” across most major European countries, under a dozen different brands.
First quarter revenues dipped slightly to $118.8 million.
“Entering our second full year as an independent company, we continued to advance our transformation, delivered solid financial results across our key growth areas, and made progress on several strategic initiatives,” said Jon Kirchner, chief executive officer of Xperi. “While revenue was down year over year due in part to the impact of the AutoSense and imaging divestiture, we saw strong growth in connected car, media platform, and video-over-broadband, which are our most attractive opportunities.
Xperi ended Q1 2024 with over 2 million video-over-broadband subscriber households, continuing a streak of consecutive quarters of double-digit year-over-year subscriber growth.
