TiVo and Yahoo! join forces.
Yahoo! is a planning to offer its internet-based services through TiVo’s digital video recorders. Users of Yahoo!’s TV page will be able to click on a ‘record to TiVo’ button directly from a television program listing to remotely schedule recordings. Eventually, Yahoo!’s traffic and weather content, as well as its users’ photos, will be viewable on televisions via TiVo’s broadband service and easy-to-use screen menu.
TiVo subscribers can already remotely schedule recordings from the TiVo website but the new deal will give the PVR pioneer access to Yahoo!’s much larger user base and hopefully gain some desperately needed customers. TiVo currently has about 3.6 million subscribers in the US but it added fewer new customers in its last fiscal second quarter than it did the previous year. And even though the company posted its first profit in its eight year history during that quarter, some analysts are questioning whether TiVo can continue to grow in the face of competitive products from satellite and cable companies which offer lower subscription fees. There is also the looming shadows of viewing content online and do-it-all third generation games consoles which threaten to stall the PVR revolution before it’s even really begun.
Yahoo! meanwhile is seeing tremendous growth as people increasingly turn to the Internet for news, entertainment, communication and other services. But Yahoo! is also under pressure from rivals Google and Microsoft to expand its empire into other areas.
Full story from ABC News.
TiVo screengrab nicked from Engadget.



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