TiVo's pay-TV business, which spiked 20 percent in the second quarter, continues to grow, with Pennsylvania's Armstrong Utilities tapping the company to power its next-generation video platform.
Under the agreement, Armstrong will feature TiVo's platform on its Pace-manufactured MG1 six-tuner whole-home DVR, the Pace MI3 set-top client and the TiVo Stream, the Slingbox-esque transcoding device that delivers video to IP devices.
TiVo and Armstrong plan on an early 2015 launch of the co-branded products as part of Armstrong's bundled video services offered primarily to residential and businesses subscribers across Pennsylvania.
"We have always been committed to providing our customers with the best television experience possible," said Armstrong president Jeff Ross. "Our decision to offer TiVo-powered solutions so they can get the content they want on any screen, wherever they are, is representative of that commitment. We are thrilled to partner with TiVo and eager to begin offering customers the customizable, next-generation service that they demand."
Added Thomas Elam, vice president and GM of TiVo's U.S. service-provider business: "Our partnership with Armstrong is a perfect example of how mid-size operators are increasingly looking to TiVo to deliver a proven, advanced, cost-efficient and quickly deployable television solution to help them meet changing viewing habits and stay competitive in the communities they serve. We are confident that Armstrong's new offerings powered by TiVo will be a hit with subscribers."
For more:
- read this TiVo press release
Related links:
TiVo preps for pay-TV's transition to MPEG 4
TiVo's Q2 pay-TV subscriber additions spike 20 percent to 283K
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