Cisco Systems and Google will give digital-video-recorder pioneer TiVo lump-sum payments totaling US$490 million as part of a deal that will end the companies' litigation over patents for set-top technology.
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TVNZ and TiVo announced today that Telecom is their exclusive broadband partner for the service. Launching in November this year, TiVo has expanded from being a digital video recording device to offering movies and TV programmes to rent, according to Robbee Minicola, CEO of official licensee Hybrid TV.
TVNZ has finally confirmed market rumours that it is buying a share in TiVo in A/NZ and bringing the platform to New Zealand.