Press release behind the cut…
September 11, 2006 08:00 AM Eastern Time
Gemstar-TV Guide to Feature TiVo’s Online Scheduling Service on TVGuide.com
LOS ANGELES–(BUSINESS WIRE)–Sept. 11, 2006–Gemstar-TV Guide (NASDAQ: GMST), a leading media, entertainment and technology company, and TiVo Inc. (NASDAQ: TIVO), the creator of and leader in television services for digital video recorders (DVR), today announced an agreement that will enable TVGuide.com to offer TiVo’s Online Scheduling to its dedicated group of TV enthusiast users. In addition, the two companies have expanded their existing license agreement with respect to Gemstar-TV Guide technology relating to television service providers.
The new online scheduling feature, scheduled to debut in early 2007, will provide TVGuide.com users a simple way to request, via TiVo’s scheduling technology, recordings of their favorite TV shows on their TiVo(R) Series2(TM) device from anywhere they access TVGuide.com.
“Gemstar-TV Guide provides a full range of industry-leading video guidance across all of our platforms – in print, on the Web and on television. With TVGuide.com, we continue to provide the most comprehensive and robust user experience in the video entertainment space by constantly enhancing our content and functionality,” said Rich Battista, CEO of Gemstar-TV Guide. “This collaboration with TiVo, a company known for innovation, helps do that, and will further change the way people control their television experience.”
“TiVo continues to develop and deploy new features that further differentiate the TiVo service from its generic competition,” said TiVo’s CEO, Tom Rogers. “We are excited to partner with a strong consumer brand like TV Guide and look forward to providing TVGuide.com’s extensive audience the ability to quickly and easily schedule recordings for their TiVo from any Internet-connected PC.”
About Gemstar-TV Guide
Gemstar-TV Guide International, Inc. (the “Company”) (NASDAQ: GMST) is a leading media, entertainment and technology company that develops, licenses, markets and distributes technologies, products and services targeted at the television guidance and entertainment needs of consumers worldwide. The Company’s businesses include: television media and publishing properties; interactive program guide services and products; and technology and intellectual property licensing. Additional information about the Company can be found at www.gemstartvguide.com.
About TiVo Inc.
Founded in 1997, TiVo (NASDAQ: TIVO) pioneered a brand new category of products with the development of the first commercially available digital video recorder (DVR). Sold through leading consumer electronic retailers, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its full set of DVR service features into the set-top boxes of mass distributors. TiVo’s DVR functionality and ease of use, with such features as Season Pass(TM) recordings and WishList(R) searches, has elevated its popularity among consumers and has created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo’s DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos. With innovative features, such as TiVoToGo(TM) and online scheduling, TiVo is expanding the notion of consumers experiencing “TiVo, TV your way.(R)” The TiVo(R) service is also at the forefront of providing innovative marketing solutions for the television industry, including a unique platform for advertisers and audience measurement research. The company is based in Alviso, Calif.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that may cause actual performance or results to differ materially from those in the forward-looking statements, including risks and uncertainties related to the transformation of our TV Guide magazine publishing business; timely availability and market acceptance of products and services incorporating the Company’s technologies and content; our investment in new and existing businesses, including TV Guide magazine, TV Guide Spot and TV Guide Mobile; the impact of competitive products, services and pricing; ongoing and potential future litigation; and the other risks detailed from time to time in the Company’s SEC reports, including the most recent reports on Forms 10-K, 10-Q and 8-K, each as it may be amended from time to time. The Company assumes no obligation to update these forward-looking statements.
Note to Editors: Gemstar, TV Guide, TV Guide Online, TV Guide Spot and TV Guide Mobile are trademarks or registered trademarks of Gemstar-TV Guide International, Inc. and/or its subsidiaries. The names of other companies, products and services used herein are for identification purposes only and may be trademarks of their respective owners.
TiVo, Series2, ‘TiVo, TV your way.’ Season Pass, WishList, TiVoToGo and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. and its subsidiaries worldwide. (C) 2006 TiVo Inc. All rights reserved.
Gemstar-TV Guide International, Inc.
Eileen Murphy, 212-852-7336
Investors and Analysts:
Robert Carl, 323-817-4600
Jeffrey Weir, 212-446-1878