TiVo, Inc.

Infobox_Company
company_name = TiVo Inc.
company_
company_type = Public (NASDAQ|TiVo)
foundation = 1997
location = Alviso, California, USA
key_people = Thomas Rogers, President and CEO
industry = Digital video recorders
revenue = profit$272.6 Million United States dollars (year ended January 31, 2008) [http://edgar.sec.gov/Archives/edgar/data/1088825/000119312508047924/d8k.htm Form 8-K ] ]
net_income = loss-$31.5 Million United States dollars (year ended January 31, 2008)
num_employees = 400 (2006)
homepage = [http://www.tivo.com/abouttivo www.tivo.com/abouttivo]

Tivo, Inc. (NASDAQ|TiVo) is a United States corporation whose primary product is the marketing and subscription services for its Tivo branded digital video recorder.

History

TiVo Inc. was incorporated on August 4, 1997 as "Teleworld, Inc." by Jim Barton and Mike Ramsay, veterans of Silicon Graphics and Time Warner's Full Service Network digital video system. Originally intending to create a home network device, they later developed the idea to record digitized video on a hard disk.

Teleworld began the first public trials of the TiVo device and service in late 1998 in the San Francisco Bay area. [ [http://news.com.com/TiVo+launches+smart+TV+trial/2100-1040_3-219409.html TiVo launches "smart TV" trial - CNET News.com ] ] After exhibiting at the Consumer Electronics Show in January 1999, Mike Ramsay announced to the company that the first version of the TiVo digital video recorder would ship on March 31, 1999, despite an estimated four to five months of work remaining to complete the device. Because March 31, 1999 was a blue moon, the engineering staff code named this first version of the TiVo DVR "Blue Moon". [ [http://archive.tivocommunity.com/tivo-vb/showthread.php?s=&postid=429445 The Second Greatest Story Ever Told: The 4th Annual Blue Moon Holiday - TiVo Community Forum Archive 1 ] ]

Teleworld, Inc. renamed themselves to TiVo Inc. on July 21, 1999. TiVo Inc. made its IPO (Initial Public Offering) on September 30 1999. [http://www.tivo.com/5.6.2.asp] Its first profitable quarter was the second quarter of 2005. [ [http://www.thestreet.com/_yahoo/markets/marketstory/10239630.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA Stocks Close Modestly Higher] ]

The original TiVo device digitized and compressed analog video from any source (antenna, cable or direct broadcast satellite). In late 2000, Philips Electronics introduced the DSR6000, the first DirecTV receiver with an integrated TiVo DVR. This new device, nicknamed the "DirecTiVo," stored digital signals sent from DirecTV directly onto a hard disk.

In early 2000, TiVo partnered with electronics manufacturer Thomson Multimedia and broadcaster British Sky Broadcasting to deliver the TiVo service in the UK market. [http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/06-27-2000/0001252906&EDATE= THOMSON multimedia Chosen by BskyB and TiVo ... Video Recorder] ] This partnership resulted in the Thomson PVR10UK, a stand-alone receiver released in October 2000 that was based on the original reference design used in the United States by both Philips and Sony. TiVo ended UK sales in January 2003, though they continue to supply guide data to existing subscribed units. [ [http://news.com.com/2100-1040-983432.html?tag=fd_top TiVo mutes sales in Britain - CNET News.com] ]

TiVo won an Emmy Award for Outstanding Innovation and Achievement in Advanced Media Technology in 2006.Fact|date=July 2008

References

External links

* [http://www.tivo.com/abouttivo/aboutushome/index.html Official corporate website]