Xperi has announced that its TiVo OS Smart TV footprint is approaching one million units. This growth is attributed to an acceleration in the deployment of “Powered by TiVo” Smart TVs in key growth markets.
“Our TiVo OS Smart TV footprint is approaching one million units, and with accelerating partner activity we believe we remain on-track toward our year-end target of two million active connected devices,” said Jon Kirchner, chief executive officer of Xperi in a statement.
Smart TVs “Powered by TiVo” are now widely available across Europe from Panasonic, Argos, Sharp, and numerous Vestel brands. Xperi continues to expand its reach into the automotive market, securing a second win for DTS AutoStage from a Japanese manufacturer. The company also reports deployment of HD Radio in new models from Ford, Cadillac, Volkswagen, Audi, Porsche, Mercedes-Benz, Genesis, BMW, Nissan, and Aston Martin.
Xperi ended Q3 2024 with over 2.4 million Video-over-Broadband (IPTV) subscriber households, another avenue for TiVo. The company continues to experience double-digit year-over-year subscriber growth in this sector.
Furthermore, TiVo has secured a multi-year classic guide renewal with Panasonic, extending the commercial use of its core pay-TV technology. This signifies the continued relevance of traditional TV in the evolving media landscape.