TiVo Inc.
Vestel Unveils Stunning New Powered by TiVo(TM) Smart TVs at CES 2023 Brands such as Vestel, Daewoo, Regal, Hitachi, Telefunken and JVC to ship the first Powered by TiVo Smart TVs as early as Spring 2023
TiVo, the entertainment unifying company and a wholly owned subsidiary of Xperi Inc. (XPER: NYSE), and Vestel, one of Europe’s top three TV manufacturers, today announced the multi-year multi-year As part of the deal, it plans to ship the first Powered by TiVo(TM) smart TVs as early as spring 2023 and chipsets from MediaTek, a global fabless semiconductor company that powers more than 2 billion connected devices annually. announces that it has been installed. Upon launch, the UK, France, Germany, Italy, Spain and Turkey will be able to purchase Powered by TiVo smart TVs under brands such as Vestel, Daewoo, Regal, Hitachi, Telefunken and JVC.
Xperi unveils new independent media platform at IFA2022 and welcomes Vestel as its first OEM partner. Vestel will leverage the new TiVo OS, the first neutral platform aimed at OEMs to significantly improve user experience and drive brand awareness, engagement and monetization at scale. Unencumbered by closed systems, the Neutral Platform puts control in the hands of users and puts them in control of their entertainment, providing the ultimate home entertainment experience. Xperi CEO Jon Kirshner said: “At Xperi, we have built a platform that can engage viewers with an unbiased, content-first user experience, where Live Hybrid TV and streaming services are combined in a personalized way. Fully embedded, content can be easily found, watched and enjoyed across isolated ecosystems.Unlike existing platforms that are built around walled gardens, we are Enabling TV OEMs to brand experiences, maintain customer ownership, and engage in CTV
monetization long-term throughout the TV lifecycle, we partnered with Vestel to ensure that users We are excited to bring to market a smart TV that offers simple, universal discovery without the hassle.” Vestel’s new TV series uses Powered by TiVo OS. It’s a streamlined smart TV platform with easy content discovery and personalized recommendations. Easy setup and intuitive usability give consumers choice and control for discovering content across their favorite streaming apps. Leading the way in innovation, Vestel’s new Powered by TiVo platform offers the latest technology with best-in-class voice navigation and uniquely customizable TV experiences.
Vestel CEO Turan Erdoğan said: “As the number of video services available continues to grow, content discovery remains the biggest pain point for users when searching across various video content services. We share the value of putting the customer first. We are excited to partner with companies to launch new Powered by TiVo smart TV products to provide the experience consumers demand.”
TiVo OS will also include TiVo+, a free content network that will provide consumers with access to over 160 free channels and 100,000 hours worth of content. Stingray is a strong addition to the globally available content lineup starting with TiVo OS. 26 channels of Stingray will be added to the TiVo+ content network.
Stingray Chief Revenue Officer David Purdy said: “Stingray is proud to be a part of this dynamic platform as a TiVo and Vestel launch partner. With more streaming services, TiVo brings users more personal We can present content in a unique way and give users a real sense of what they like and what they might discover next.”
Learn more about Powered by TiVo smart TVs at
https://business.tivo.com/products-solutions/stream.
safe harbor statement
This press release contains “forward-looking statements” as defined under the federal securities laws. These forward-looking statements are based on information available to Xperi and Xperi’s current expectations as of the date of this release and involve risks and uncertainties. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause Xperi’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. may contain. These statements include, but are not limited to, statements regarding the availability, features, benefits, functionality, attributes and timing of release of Xperi’s products and related services. These and other risks associated with the business are described in more detail in Xperi’s filings with the U.S. Securities and Exchange Commission, including Xperi’s Form 10 registration statement filed in connection with the spin-off. . [Image 1
About TiVo
TiVo brings entertainment together. We help our viewers easily find, watch and enjoy. Live TV, on-demand services, streaming services, and countless apps to find the movies, shows, and videos that are right for you, so you can watch them the way you want. Analyzing audience fan bases to help production companies, TV stations and advertisers improve ratings and engagement on every screen. TiVo is a wholly owned subsidiary of Xperi Inc. For details, please visit
https://business.tivo.com/en/.
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About Xperi Inc.
Xperi invents, develops, and delivers technology that creates unprecedented experiences. Xperi’s technology is available through its own brands (DTS(R), HD Radio(TM), TiVo(R)), new businesses Perceive and IMAX Enhanced, a partnership between IMAX and DTS, and It is installed in consumer devices and media platforms, and strongly supports smart devices, connected cars, and entertainment. Xperi is building a consistent ecosystem to reach interested consumers to bring greater value to partners, customers and consumers.
*Xperi, DTS, IMAX Enhanced, HD Radio, Perceive, TiVo and their respective logos are trademarks or registered trademarks of Xperi Inc. affiliates in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.
About Vestel
Comprised of 24 companies, Vestel Group is a multi-industry
manufacturer that operates in consumer electronics, major domestic appliances, professional displays, automotive and battery solutions and EV chargers. A testament to the global importance of Zorlu Holding across multiple technology sectors, Vestel is not only thriving at home in Turkey, but also through a further 14 subsidiaries that have been set up in various other parts of the world. Thanks to its renowned manufacturing and R&D complex, Vestel exports to 158 countries and keeps its position as a global player For more information visit: www.vestelinternational.com
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