LAS VEGAS, NV--(Marketwire - Jan 11, 2012) - As consumer television viewing habits continue to shift, TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services and advertising solutions for digital video recorders (DVRs), released research today showing that the consumption of recorded television and Internet-delivered programming is quickly surpassing live TV viewership.
Nearly two thirds of the viewing on web-connected TiVo units is now delayed television or on-demand video via broadband (OTT). That's the latest data from TiVo's audience research unit, which tracks anonymous usage across some two million TiVo devices on a second-by-second basis. Of those devices, only 38 percent of viewing is live.
TiVo provides broadband OTT access to Netflix, YouTube, Hulu Plus and other video options. Among those TiVo subscribers that used these services, live viewership is even lower at 27%.
"This new second-by-second data shows that on demand viewing though a combination of time shifting on the DVR and broadband OTT has become a huge part of the consumer's entertainment mix," said Tara Maitra, SVP and GM of content and media sales for TiVo. "The trend here is obvious. For most of their video, these consumers prefer to watch on-demand, whether it's recorded off the air, cable, satellite, or delivered via broadband. It really has become all about whatever they want to watch, whenever they want to watch it."
"We all know the way consumers watch TV is quickly changing, especially when it comes to the growing consumption of Internet delivered content," said TiVo President and CEO Tom Rogers. "As people watch less live TV, the television industry is being challenged like never before to meet the needs of viewers. For the cable industry, TiVo is the leading provider of advanced television solutions that deliver seamless access to four forms of content -- traditional live TV, recordings from TV linear channels, operator video-on-demand, and broadband-delivered video. The reduction in time spent watching live TV has huge implications for commercial ad delivery, how consumers search and find programs, and the role of networks in the carriage of shows, all of which require the industry's increased focus."
To learn more about TiVo's audience research measurement visit: https://stopwatch.tivo.com/home/index.html
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