TiVo chief confident of continuing Virgin Media relationship
TiVo chief executive Tom Rogers is confident of continuing the firm's relationship with Virgin Media, despite the acquisition of the UK cable company by Liberty Global.
Owned by billionaire John Malone, Liberty agreed earlier this month to purchase Virgin Media in a deal worth $23.3 billion (£15.4 billion) in cash and stock.
Liberty has created its own next-generation television platform, Horizon, which is currently being rolled out across its UPC footprint.
Despite the service potentially rivalling TiVo, Mr Rogers remains upbeat about the chances of the personal video recorder company continuing to work with Virgin Media going forward.
"Our offering is helping drive significantly improved pay TV growth and market share gains for Virgin Media," he explained.
"As the Virgin Media offering evolves we believe even more fans of TV in the UK will seek out our unique offering."
Last year, more than 896,000 households signed up to Virgin Media's TiVo service, with 187,300 subscribing in the final quarter alone.
TiVo is now received by a total of 1.33 million Virgin Media homes, representing more than a third of the company's overall pay TV customer base.