"We are very convinced that this is going to move the dial,"
says Jeffrey Klugman, TiVo's (NASDAQ:
) Senior Vice President of Product and Revenue, about TiVo
TiVo, a provider of Digital Video Recorder (
late last month that it will release a new functionality called
TiVo Stream. The company says TiVo Stream will allow users to
access television content recorded on TiVo devices from mobile
devices, such as tablets and phones.
Klugman tells Benzinga TiVo has a time-to-market advantage
with Stream and that the feature has resonated with consumers and
other companies. He explains that high-level executives from
other firms have told TiVo that their companies are a year away
from developing similar features.
"The way that we most want to compete is making sure that we
are doing two things," explains Klugman, "recognizing both
business and consumer trends as quickly as possible and then
secondly using that to our advantage for bringing our products to
market at quickly as possible."
Making Video Content More Accessible
"I also think that content is going to continue to balkanize,"
predicts Klugman. "I think that you are going to continue to see
more and more walled gardens of content from probably every one
of the top 25 either network or cable broadcasters."
A walled garden is a segregated location of content controlled
by a single content provider. Klugman explains that walled
gardens are making it difficult for consumers to find the content
Even if you can navigate content providers' walled gardens,
describes Klugman, "you would almost have to be a little bit
lucky to be able to find a show and an episode that you wanted to
In light of this issue, Klugmen comments that TiVo Stream will
offer consumers a way to access their favorite content without
searching among and within walled gardens.
Moreover, Klugman explains, "I think that consumers are going
to ask more and more to be able to not just view [video content]
over a high bandwidth stream, but also be able to take the
content with them." He says later this year TiVo Stream is
expected to allow users to side-load video content, enabling them
to view the content without an internet connection.
Richard Tullo, Director of Research at Albert Fried and
Company explains that he thinks TiVo Stream will be offered by
Charter Communications (NASDAQ:
) and other Multiple System Operators and will provide an
economical alternative to installing supplementary set top
"DVR services have been TiVo's traditional core operation,"
adds James Goss, Senior Investment Analyst at Barrington Research
Associates. "Current efforts are focused and stepping off from
this traditional position into a complement of advanced
television services that include an engaging interface plus the
ability to access content from a variety of sources and
distribute that content to a variety of devices."
Disclosure: At the time of this writing, I did not own
shares of any companies mentioned in this post.
(c) 2012 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.