NEW YORK – TiVo Inc. (TIVO) said on Tuesday it will start to sell digital video recorders with dual tuners that allow users to record two television programs simultaneously.
The new feature can help TiVo boxes compete against generic recorders provided by cable and satellite television operators, which are often distributed for free with a cable TV subscription and have dual tuners.
Analysts have questioned TiVo's ability to grow subscribers and revenues as the company has struggled to sign distribution agreements with more cable companies.
TiVo, whose systems allow users to skip commercials and record programs on a built-in computer hard drive, currently has distribution deals with Comcast (CMCSA) and DirecTV (DTV).
TiVo said its new digital video recorder will be available starting May 1 and priced at $99.99 for 80 hours of recorded programs, after rebate and service activation.
In the coming months, TiVo said it will introduce features that allow users to program their box to record TV shows directly from some Verizon (VZ) cell phones.
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