Bush, Telefunken, JVC and Panasonic smart TVs
Powered by TiVo expected to roll-out across Europe in anticipation
of summer sporting events
TiVo, a wholly owned subsidiary of entertainment technology
company Xperi Inc. (NYSE: XPER), today debuted its TiVo One
cross-screen ad platform, combining ad inventory across multiple
end-points in the home and the car empowering advertisers to
efficiently optimize branded campaigns to their desired audiences
with advanced forecasting, precise targeting and robust measurement
capabilities. TiVo One is the latest service to be added to Xperi’s
growing capabilities for its independent media platform, creating
the ability to connect advertisers with their target audience
across the various entertainment touchpoints that are used on a
regular basis.
Xperi has experienced rapid success with its independent media
platform over the past year, which is seen through increased
adoption and growing footprint for TiVo OS, TiVo Broadband and DTS
AutoStage Video Service Powered by TiVo. Each facet of Xperi’s
independent media platform is focused on providing users with a
unified and personalized viewing experience while partnering with
content providers to offer a diverse range of content options and
monetization opportunities.
“As a key element of our long-term strategy for the independent
media platform, offering a variety of ways to optimally engage with
audiences is essential. Whether that be through our smart TV
offerings or connected car solutions, partners leveraging our
innovative solutions can ensure we’re committed to delivering value
and driving sustainable growth,” said Jon Kirchner, CEO of Xperi.
“By fostering an ecosystem that prioritizes choice, personalization
and seamless integration across platforms, we aim to redefine how
audiences engage with content in today’s dynamic environment.”
This summer, Europe will play host to three months’ worth of
international sporting events. Ahead of these events, TiVo is
focused on helping its partners meet consumer demands. TiVo’s first
OEM partner, Vestel, has smart TVs Powered by TiVo in retailers
across most major European countries, under a dozen different
brands. Argos, a major UK retailer, has deployed TiVo OS in their
Bush house brand of smart TVs, which are available online and in
stores now, and are one of the first smart TVs to incorporate
Freely, the new UK streaming service delivering live TV over
broadband. And Panasonic is also expected to launch smart TVs
Powered by TiVo into retail stores across Europe and the UK this
summer.
TiVo OS is designed to maximize consumer engagement to create
enhanced economic benefits from ad placements across partners. As
such, this summer is expected to be an important time for
entertainment technology to activate strategies that keep their
customers engaged, which extends to the power of advertising. The
connected television (CTV) advertising market is projected to reach
36 billion USD by 2026, which means advertising on smart TVs has
never been more imperative. Additionally, according to the latest
TiVo Q4 2023 Video Trends Report, 62.8% of consumers expressed high
tolerance for ads. However, many smart TV interfaces prioritize
irrelevant ads, hindering the user experience. Since the launch of
TiVo OS in 2022, TiVo has been committed to keeping the user
experience a priority – and that is a benchmark of its independent
media platform. With the addition of TiVo One, partners can trust
TiVo’s promise to balance personalization with targeted and
relevant ad placements, ensuring a seamless user experience.
TiVo One is a cross-screen marketing solution that can help
brands optimize their advertising campaigns, analyze customer
attribution across different channels and devices, and gain
valuable insights into which devices and distribution platforms
drive maximum engagement to adapt advertising strategies
accordingly.
TiVo One initially plans to offer a ‘Homepage Ad,’ its flagship
ad unit, enabling brands to amplify their message with targeted
data-driven advertising. This is expected to allow advertisers to
reach their targeted audiences through linear and OTT ad
promotions, and provide shared ad revenue opportunities for
partners, all the while allowing users to find their content
through seamless search and discovery for a friction-free viewing
experience.
Key Features of TiVo One Ad Platform:
- Cross-Platform & Global Reach: TiVo One powers all
TiVo platforms, providing advertisers optimal reach and frequency
across streaming, IPTV, smart TV and automotive.
- Branded Experience: Enhanced graphic display combined
with video and image expansion for maximum impact and engagement,
driving directly to content consumers want.
- Precision Targeting: Enhanced content discovery and
engagement allows advertisers to target based on viewing audiences’
behaviors and profiles, while delivering on user privacy
preferences with a consent-first framework.
- Advanced Measurement: Track, analyze and optimize
campaigns in real-time, offering actionable insights to fine-tune
your strategy for maximum ROI.
"As a long-term partner of TiVo, we look forward to being part
of this next evolution of their omnichannel platform, TiVo One,”
said Mike Laband, senior vice president, platform revenue at
Magnite. “Providing buyers with unified access to inventory across
every screen in a streamlined, efficient way is key and TiVo does
so on a global scale with unique inventory. We are eager to
continue innovating with the TiVo team to enhance results for
consumers and brands.”
About TiVo
TiVo brings entertainment together, making it easy to find,
watch and enjoy. We serve up the best movies, shows and videos from
across live TV, on-demand, streaming services and countless apps,
helping people to watch on their terms. For studios, networks and
advertisers, TiVo targets a passionate group of watchers to
increase viewership and engagement across all screens. TiVo is a
wholly-owned subsidiary of Xperi Inc. Go to tivo.com and enjoy
watching.
About Xperi Inc.
Xperi invents, develops, and delivers technologies that enable
extraordinary experiences. Xperi technologies, delivered via its
brands (DTS®, HD Radio™, TiVo®), and by its startup, Perceive, are
integrated into billions of consumer devices and media platforms
worldwide, powering smart devices, connected cars and entertainment
experiences, including IMAX® Enhanced, a certification and
licensing program operated by IMAX Corporation and DTS, Inc. Xperi
has created a unified ecosystem that reaches highly engaged
consumers, driving increased value for partners, customers and
consumers.
©2024 Xperi Inc. All Rights Reserved. Xperi, TiVo, DTS, HD
Radio, DTS Play-Fi, Perceive and their respective logos are
trademark(s) or registered trademark(s) of Xperi Inc. or its
subsidiaries in the United States and other countries. IMAX is a
registered trademark of IMAX Corporation. All other trademarks and
content are the property of their respective owners.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements contained in this press release that do not
relate to matters of historical fact should be considered
forward-looking statements, including without limitation statements
regarding: adoption and growth of the footprint for TiVo OS, TiVo
Broadband and DTS AutoStage Video Service Powered by TiVo; timing
of launches of smart TVs Powered by TiVo; projections for the (CTV)
advertising market; and the timing, features, and benefits of TiVo
One. These forward-looking statements are based on information
available to the Company as of the date hereof, as well as the
Company’s current expectations, assumptions, estimates and
projections that involve risks and uncertainties. In some cases,
you can identify forward-looking statements by the words "expect,"
"anticipate," "intend," "plan," "believe," "could," "seek," "see,"
"will," "may," "would," "might," "potentially," "estimate,"
"continue," "expect," "target," and similar expressions or the
negatives of these words or other comparable terminology that
convey uncertainty of future events or outcomes. These statements
involve risks, uncertainties and other factors that may cause
actual results, levels of activity, performance, or achievements to
be materially different from the information expressed or implied
by these forward-looking statements. These risks, uncertainties and
other factors are described under the captions "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" in our Annual Report on Form 10-K for the
year ended December 31, 2023 filed with the Securities and Exchange
Commission (the "SEC") and our other filings with the SEC from time
to time. Any forward-looking statements speak only as of the date
of this press release and are based on information available to the
Company as of the date of this press release, and the Company does
not assume any obligation to, and does not intend to, publicly
provide revisions or updates to any forward-looking statements,
whether as a result of new information, future developments or
otherwise, should circumstances change, except as otherwise
required by securities and other applicable laws.
XPER- P
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version on businesswire.com: https://www.businesswire.com/news/home/20240521951605/en/
Xperi Media: Allyse Sanchez, Xperi
Allyse.sanchez@xperi.com
Xperi (NYSE:XPER)
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