New TiVo Premiere From RCN Debuts in Washington, D.C. Area, Offering RCN Customers First of Its Kind Video Experience
A Digital TV Box, A Music Box, A Movie Box, A Web Box All Packaged Into One Box; Available in Additional Markets Including New York City, Boston, Chicago, Philadelphia, and Lehigh Valley in the Near Term
HERNDON, VA, May 04, 2010 (MARKETWIRE via COMTEX News Network) — RCN Corporation (NASDAQ: RCNI), a leading provider of all-digital and high definition video, high-speed internet, and premium voice services, and TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services for digital video recorders (DVRs), today announced the launch of TiVo(R) Premiere from RCN in the Washington, D.C. area. This co-branded, uniquely configured product for RCN's residential and small business customers goes dramatically beyond the traditional DVR.
A true one-stop-shop for entertainment, the TiVo Premiere offers RCN's customers a universe of television and broadband delivered entertainment all accessible through one remote and one user interface. Besides searching and recording programs, it downloads and streams movies, accesses songs, photos and home movies from a personal computer, and more. In addition to accessing RCN's Video ON DEMAND Video ON DEMAND library with thousands of hours of content, RCN customers can also link via broadband to rent movies, watch YouTube, and access interactive applications including music streaming and photo viewing applications. Future applications include Pandora Internet Radio, FrameChannel, and third-party provided applications.
"As the pioneer of triple play product bundling, RCN is proud to partner with TiVo, the pioneer of DVR technology, in this trailblazing relationship to offer our customers a feature-rich experience that will leap-frog us over our cable, satellite, and telco competition," said RCN's President and CEO Peter D. Aquino. "TiVo Premiere from RCN will provide a very unique and innovative delivery of cable and broadband not available from any other provider in our markets. As RCN's primary HD DVR, we expect that our customers will embrace the future of home entertainment by combining RCN's HD/digital programming and robust VOD library with broadband delivered programs, electronic files, and web content -- all over the TV."
RCN is the first all-digital TV and broadband provider to have TiVo as its primary provider of DVRs. RCN will first launch the TiVo Premiere in its Washington, D.C. market. It will be introduced in the near future in its other markets in New York City, Boston, Chicago, Philadelphia, and Lehigh Valley in Pennsylvania. In Washington, D.C., it will be offered as part of a bundled package of digital TV and high-speed Internet services. Pricing, availability, and more information is available by calling 1-800-RING-RCN (746-4726) and on www.rcn.com/tivodc.
"We are pleased that RCN is the first cable provider to offer the TiVo hardware and software as its primary DVR, combining traditional television programming with cable Video ON DEMAND and the growing universe of Internet delivered content, offering customers a true one-stop-shop for all television entertainment needs," said TiVo's President and CEO Tom Rogers. "Any DVR can time shift content, but we started that ten years ago and have spent the last decade evolving the experience to something that goes way beyond the DVR."
Some features offered include:
*Only unprotected video programming may be transferred using TiVoToGo.
About RCN Corporation RCN Corporation (NASDAQ: RCNI), www.rcn.com, is a competitive broadband services provider delivering all-digital and high definition video, high-speed internet and premium voice services to residential and small-medium business customers under the brand names of RCN and RCN Business Services, respectively. In addition, through its RCN Metro Optical Networks business unit, RCN delivers fiber-based high-capacity data transport services to large commercial customers, primarily large enterprises and carriers, targeting the metropolitan central business districts in the company's geographic markets. RCN's primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago. (RCNI-G)
About TiVo Inc. Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). TiVo offers the TiVo service and TiVo DVRs directly to consumers online at www.tivo.com and through third-party retailers. TiVo also distributes its technology and services through solutions tailored for cable, satellite, and broadcasting companies. Since its founding, TiVo has evolved into the ultimate single solution media center by combining its patented DVR technologies and universal cable box capabilities with the ability to aggregate, search, and deliver millions of pieces of broadband, cable, and broadcast content directly to the television. An economical, one-stop-shop for in-home entertainment, TiVo's intuitive functionality and ease of use puts viewers in control by enabling them to effortlessly navigate the best digital entertainment content available through one box, with one remote, and one user interface, delivering the most dynamic user experience on the market today. TiVo also continues to weave itself into the fabric of the media industry by providing interactive advertising solutions and audience research and measurement ratings services to the television industry. www.tivo.com.
TiVo, 'TiVo, TV your way.', Season Pass, WishList, TiVoToGo, and the TiVo Logo are trademarks or registered trademarks of TiVo Inc. or its subsidiaries worldwide. Copyright 2010 TiVo Inc. All rights reserved. All other trademarks are the property of their respective owners.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, the future applications from Pandora Internet Radio, FrameChannel, and future user-generated development opportunities. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings and lack of market acceptance, as well as the other potential factors described under "Risk Factors" in the Company's public reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2010, Quarterly reports on Form 10-Q since then, and Current Reports on Form 8-K. The Company cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.
Contacts: Lisa Barder RCN Corp. (215) 355-7175 email@example.com Michele Murphy RCN Corp. (703) 434-8471 firstname.lastname@example.org Krista Wierzbicki TiVo Inc. (408) 519-9438 email@example.com
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