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.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
Scott Trench, host of the BiggerPockets Money Podcast, explores how recent rate cuts, high borrowing costs, and mortgage rates are reshaping U.S. real estate.
A look into how disruption, AI, and global economic trends are transforming the modern supply chain with Jeremy Jansen, Head of Supply Chain at Wells Fargo.
Delta CSO Amelia DeLuca reveals at the Fast Co. Innovation Festival how tech, sustainable aviation fuel, and smart operations are revolutionizing air travel.
Chipmaker Nvidia will invest $100 billion in OpenAI as part of a partnership that will add at least 10 gigawatts of Nvidia AI data centers to ramp up the computing power for the owner of the artificial intelligence chatbot ChatGPT.
Two of the nation’s biggest real estate services companies are combining in a deal that will bring Century 21, Compass and several other major brokerage brands under the same umbrella.
Colin & Samir break down YouTube’s $100B payout to creators and explore why nearly a third of Gen Alpha want to be YouTubers — plus what that means for you.
