Sales Momentum Pushes Company Past Million Subscription Mark; Lower Price Point, Greater Availability at Retail Expected to Result in Best Holiday Season Yet for TiVo
SAN JOSE, Calif., Nov. 4 /PRNewswire-FirstCall/ -- TiVo (Nasdaq: TIVO - News), creator of television services for digital video recorders (DVRs), announced today it has surpassed the one million subscription milestone and expects surging momentum to result in the best holiday season in the company's history.
"Reaching one million subscriptions is a major milestone for our company," said Michael Ramsay, CEO of TiVo. "Thanks to the increased growth of both our standalone subscriptions and, especially, growth with DIRECTV, we have reached this milestone ahead of plan. We expect this momentum to continue and look forward to the biggest holiday season ever for TiVo."
