TiVo is looking at dividing the company’s portfolio in 2020, according to a report from Bloomberg. With that division, a new focus of the company will be the “shifting TV landscape.”
In the meantime, TiVo will be taking steps toward that goal, starting with the introduction of TiVo Plus.
Here’s what TiVo’s new chief executive officer Dave Shull told Bloomberg about the plans:
Later this month, TiVo plans to announce new international customers, and in October it will unveil a new product, TiVo Plus, that better integrates new streaming services with the company’s core TV console. After that, Shull said he’d like to design a more unified interface for the company’s 22 million customers and seek additional sources of revenue other than monthly subscriptions, such as advertising.
Dave Zatz, zatznotfunny.com, says that TiVo Plus will likely be an ad-supported service in the beginning, but reportedly TiVo is working on ways to merge content in a more user-friendly format. Zatz also reports that TiVo has been testing out the idea of including ads in DVR recordings, potentially working on a tier structure with a free, ad-supported tier and a paid ad-free tier.
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