See. We Are Relevant!
Netflix and TiVo announced on Thursday their agreement to jointly develop a service to download movies directly to set-top boxes. With Netflix negotiating for film rights and TiVo working out the technology, this new services is expected to be available sometime after this year.
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In response to questions of a merger between the two companies, TiVo CEO Mike Ramsay has this to say,
"I can stop that rumor right here. The reason I resigned from the board is that we now have a commercial relationship with Netflix," he told Reuters.Let's see what happens to the distribution windows now.
See articles in Wired, CNET, The Wall Street Journal, Mercury News.
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