History In the early 90's Mike Ramsay
and Jim Barton had an idea to create the world' very first interactive entertainment
network. The two experimented and found TiVo. They felt as though they
could develop a smarter entertainment system at a price consumers could afford.
Ramsay and Barton wanted a reliable "Always on" platform to the average
household. They had a vision for TiVo devices to record television
shows and possibly share photos, music and much more. In 1997, Ramsay
and Barton's dream came true.
In March 1999, TiVo shipped it's first units to consumers. Only three TiVo DVR's were available at this time. The highest amount of memory was 40 hours of recording time. A 10 hour and 20 hour model are also available. However, the 10 hour DVR was priced at $500. Prices for the 20 and 40 hour model is unknown. In 1999, the monthly fee was only $10. Philips and DIRECTV also had their versions of DVR's available. On September 8, 1999, TiVo and Sony announced their deal to open up a platform and extend a partnership. Sony planned to integrate TiVo technology and host a new line of consumer electronics. Under this new agreement, Toshiba will also be a major player. TiVo technology will be integrated into Toshiba chips to accelerate new TiVo-enabled products. On September 30, 1999 TiVo went public. Shares of stock were being traded. For revenue and stock losses and gains during the fiscal year 1999 click here. Also in September 1999, TiVo DVR's began selling in retail stores. The only store to carry them in the beginning was Best Buy and Sears chains. In November 1999 TiVo DVR's had a breakthrough and were available at various online stores. The prices for the players were similar, but shipping and handling prices were still expensive. Replay TV was offering large competition around 1999-2000. TiVo and Replay played a continuous game back and forth with rebates, newer models and lower prices. In April 2000 the 30-hour TiVo model sold at retail stores for $400. This is an incredible leap from one year ago when it was selling for approximately $700. More models are being made to keep up with Replay TV's models. In the year 2003, there are more than three models available. The prices continue to fall and more subscribers are signing up. The monthly fee has raised to $12.95/month, but there is an option for a product lifetime subscription. Sources Wink.com TiVo.com Replay VS. TiVo Home |