TiVo hits 7 million subscriber mark

DVR maker TiVo has reached 7 million subscriptions for TiVo-enabled platforms across North America and Europe, it announced.

TiVo said that its total cumulative subscriptions have grown by approximately 1.5 million, or 27%, since January 31, 2015.

“In a world where more content is being delivered from the cloud, our technology is more valuable than ever when it comes to letting people access the content they want, on the device they want, in the way they want,” said TiVo’s Interim CEO, Naveen Chopra.

“The changes we’re making to our business and the sharper focus on execution will continue to fuel innovation, subscription growth, and enhanced profitability. We are very proud of this milestone, and more importantly, we have an incredible amount of opportunity in front of us and a plan for capturing it.”

Operators including Virgin Media, Vodafone Spain, RCN, Cogeco and Suddenlink have deployed TiVo’s platforms in North America and Europe.