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Report: Digital Video Recorders to Reach 20% of European Homes by 2008

Authored by Mark Hefflinger on November 1, 2004 - 9:29am.
London -- Twenty percent of Western European homes will have digital video recorder (DVR) services like TiVo by 2008, offering a cost-effective alternative to true video-on-demand, according to a report from Boston-based market research firm Yankee Group. The firm noted that high subscription fees initially might deter users from existing services like Sky+ and Pilotime, which themselves will be aided by set-top box price cuts. "DVR services will be more widely and frequently used by digital TV subscribers than regular video-on-demand offerings that are limited to the less ubiquitous cable and broadband platforms," said Yankee Group senior analyst Jonathan Doran. In a separate report released on Monday, Yankee Group predicted that annual video-on-demand and near video-on-demand revenue in Western Europe will increase fivefold by 2008, to $2.8 billion. "Both video-on-demand and DVR will coexist as complementary options for digital TV customers," said Yankee Group's Doran. "Given the fact that substantial demand for true video-on-demand remains unproven, many cable operators will also keep their options open by not committing to a single on-demand strategy, offering customers a choice of video-on-demand, DVR or both."
tags: Reports | European | Digital Video | Recorders |

Report: 28 Million Digital Video Recorders to Ship in 2008

Authored by Mark Hefflinger on March 30, 2004 - 3:53am.
Framingham, Mass. -- Aided by heavy investment by satellite and cable TV providers in set-top boxes that offer digital video recording, worldwide unit shipments of digital video recorders are forecasted to climb to more than 28 million in 2008, with a compound annual growth rate of 46.9% between 2003 and 2008, according to a report from Massachusetts-based market research firm IDC. At the end of 2003, there were 3.2 million U.S. households with the devices, with manufacturer TiVo owning 39% of the market. "For the first time the DVR vendors are getting through to people and showing them that these devices are more than just high-priced VCRs," said IDC senior research analyst Greg Ireland. "The pay TV providers can take a lot of the credit, and reap the rewards, for finally breaking through to consumers." IDC noted that devices that combine a digital video recorder with a DVD recorder -- which allows programs to be burned to DVD -- will account for nearly 40% of the market by 2008, shipping a projected 11.3 million units.
tags: Reports | Releases | Digital Video | Recorders |

TiVo Announces $50 Price Cut on Digital Video Recorders

Authored by Mark Hefflinger on February 2, 2004 - 1:58am.
San Jose, Calif. -- TiVo, a maker of digital video recorders and provider of associated services, announced on Monday a $50 price cut for its devices that will lower the cost of its Series 2 DVRs to $199 for a 40-hour model and $299 for an 80-hour model. Separately, the company said that the "wardrobe malfunction" incident at the conclusion of the Super Bowl halftime show on Sunday evening accounted for "the biggest spike in audience reaction TiVo has ever measured," as "viewership spiked up to 180 percent as hundreds of thousands of households used TiVo … to view the incident again and again."
tags: TiVo | Digital Video | Recorders |

TiVo Exiting U.K. Market for Digital Video Recorders

Authored by Mark Hefflinger on February 5, 2003 - 4:01am.
San Jose, Calif. -- TiVo, a developer of digital video recorders that let viewers pause and record live television, said that it will no longer supply its products to the U.K. market. Products at retail will remain on shelves and current owners will still receive service and repair, but TiVo will ship no new devices to the U.K. "Unfortunately we no longer have any stock of the Thomson Digital Video Recorder. This is as a result of Thomson's contract to manufacture the units for the U.K. market coming to an end," TiVo said in a statement. TiVo currently claims around 500,000 subscribers in the U.S., and has licensed its digital video recorder technology to firms including Sony and Toshiba. http://www.tivo.com
tags: TiVo | U.K | Digital Video | Recorders |