TiVo®, the company that brings entertainment together and a wholly-owned subsidiary of Xperi Holding Corporation (Nasdaq: XPER), announced that TELEV8 will leverage TiVo’s Managed IPTV Service to deliver a new and compelling entertainment experience for hotels and other commercial venues.
Using TiVo’s technology platform, known for delivering a content-first entertainment experience with intuitive and personalized content discovery, TELEV8 will now make that same experience available to the hospitality industry and transform how linear programming is delivered. Hotels and other commercial venues will be able to offer premium video at lower cost while differentiating their brand.
“Evolving viewership habits and content decentralization are continuing to reshape the role of television,” says Charles Siemonsma, co-CEO of TELEV8. “Commercial venues are increasingly pressured to deliver on the rapid consumer adoption of streaming video applications and the introduction of app-based TV in partnership with TiVo is the future of content delivery.”
“We are thrilled to work with TELEV8 to provide a timely solution to the hospitality industry that meets the evolving entertainment needs of the modern guest,” says Jeff Glahn, senior vice president of global sales at TiVo, an Xperi company. “Together, we can deliver the kind of in-room TV experience that will delight guests at a fraction of the cost of current solutions.” Business Wire