TiVo, the digital video recording company, is entering the streaming business, launching its new service Stream 4K, an Android TV-powered HDMI dongle.
Dave Shull, TiVo CEO, told Cheddar on Thursday that the company has seen an increase in viewership amid the pandemic, which is why they were undaunted in releasing Stream 4K.
“We’ve seen some really strong engagement from our viewers. We’re up 58 percent, in terms of viewership engagement across the whole TiVo platform, so that’s encouraging,” he said. “We think this new product launch, TiVo Stream, is ideally suited for what consumers want now.”
In a market dominated by Apple TV and Roku, the CEO said the $50 service is designed to merge both live and streaming options into one platform, so subscribers no longer have to switch in and out of apps to watch their favorite shows.
“We think there are some real problems with streaming today. We all love our favorite streaming shows, but we have to figure out what app is it on,” Shull said. “We solved all of that. We pulled together in one place.”
As more people continue to stay at home amid the coronavirus pandemic, Shull said this is the perfect time to launch. “Great timing. Now, we’re all concerned about our families and our friends and our neighbors, but we also need a little bit of entertainment,” he noted.
TiVo also partnered with Sling TV to give users the ability to record live television shows and developed a system of recommendations on live shows for users based on the time of day and which user is watching.
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A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
