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TiVo and Telenor's Canal Digital to Bring the TiVo Revolution to Scandinavia

Company Release - 11/19/2010 2:00 AM ET

The Largest Satellite TV Provider in Northern Europe to Deploy TiVo's Software and User Interface Across Scandinavia

OSLO, NORWAY and ALVISO, CA -- (MARKET WIRE) -- 11/19/10 -- Telenor's Canal Digital, a leader in TV distribution in Scandinavia and a pioneering provider of innovative TV, broadband and telephony services, and TiVo Inc. (NASDAQ: TIVO), a leader in hybrid TV software solutions and advanced television services for personal video recorders (PVRs), today announced the start of a long-term strategic alliance which will see TiVo products introduced and distributed as the premier consumer experience for Canal Digital Direct-to-Home (DTH) satellite customers in Norway, Sweden, Denmark and Finland.

For Canal Digital, the alliance becomes one of the key pillars in its strategy to continue offering the most advanced and enjoyable television experience to viewers across Scandinavia. The TiVo product will be available exclusively through Canal Digital where it will serve as Canal Digital's next generation platform, seamlessly integrating linear satellite and terrestrial TV channels, Canal Digital's video-on-demand service, and a variety of current and future "OTT" services. TiVo's intuitive, high definition user experience has been identified by several operators in Europe as the most compelling solution for translating an increasingly complex world of content options into a fun and elegant experience for the consumer.

Christian Albech, CEO of Telenor Broadcast Holding AS, said: "The Scandinavian pay TV market is one of the most competitive in the world, which means that Canal Digital must continue to offer the market's best content and user experience. After considering many partners who could help us deliver this promise, we concluded that TiVo was head and shoulders above the rest. TiVo remains the gold standard for television user interface and offers an unmatched level of ongoing innovation for the consumer and the operator."

The relationship marks significant milestones in the evolution and growth of both companies. Apart from expanding into a thriving television market, this represents a highly strategic satellite platform with TiVo software and Canal Digital's first "networked" box that provides a variety of ground-breaking capabilities like universal search, home networking, and integration with mobile devices.

By partnering with TiVo, Canal Digital gets access to the most feature-rich and consumer friendly television software, while avoiding significant in-house development costs and the complexity of piecemeal alternatives.

Tom Rogers, President and CEO of TiVo Inc., noted: "As we continue to execute on TiVo's international growth strategy, we are extremely proud to align with Canal Digital, the leading DTH company in Scandinavia. Canal Digital is renowned for successfully pioneering the introduction of new TV technology to consumers in Scandinavia, including digital broadcasts, HDTV, PVR and most recently, hybrid VoD. We believe that the presentation of these assets through the TiVo user experience will create the most compelling video service in Scandinavia, bar none. As a result, we are very enthusiastic about the significant commitment Canal Digital is making to TiVo and are excited to see the TiVo interface proliferate across Canal Digital's DTH subscriber base."

Canal Digital and TiVo will be working with Conax for conditional access solutions as the companies implement and launch an integrated product. Financial terms of the deal were not disclosed.

About Telenor Broadcast Holding AS
Telenor Broadcast Holding AS has about 900 employees and owns the companies Canal Digital (Norway, Sweden, Denmark and Finland), Norkring, Conax and Telenor Satellite Broadcasting. Canal Digital today offers over 130 TV channels to end customers, as well as broadband (Norway, Denmark). Norkring develops, builds and operates the DTT and DAB (terrestrial broadcasting) in Norway, Belgium and Slovenia. Conax manufactures and sells encryption services for the television industry. The company is an international player with customers in 85 countries. Telenor Satellite Broadcasting (TSBc) provides extensive television broadcasting services in the Nordic, Central and Eastern Europe. TSBc also delivers end user connectivity and application services via satellite in Europe and the Middle East. Telenor Broadcast Holding headquarters are located in Oslo, Norway, and is a part of the Telenor Group (www.telenor.com)

About TiVo Inc.
Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed the first commercially available digital video recorder (DVR). TiVo offers the TiVo service and TiVo DVRs directly to consumers online at www.tivo.com and through third-party retailers. TiVo also distributes its technology and services through solutions tailored for cable, satellite, and broadcasting companies. Since its founding, TiVo has evolved into the ultimate single solution media center by combining its patented DVR technologies and universal cable box capabilities with the ability to aggregate, search, and deliver millions of pieces of broadband, cable, and broadcast content directly to the television. An economical, one-stop-shop for in-home entertainment, TiVo's intuitive functionality and ease of use puts viewers in control by enabling them to effortlessly navigate the best digital entertainment content available through one box, with one remote, and one user interface, delivering the most dynamic user experience on the market today. TiVo also continues to weave itself into the fabric of the media industry by providing interactive advertising solutions and audience research and measurement ratings services to the television industry. www.tivo.com

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, TiVo's future business, subscription revenues, and financial performance. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include delays in development, competitive service offerings and lack of market acceptance, as well as the other potential factors described under "Risk Factors" in the Company's public reports filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2010 and Quarterly Reports on Form 10Q for the periods ending April 30, 2010 and July 31, 2010 and Current Reports on Form 8-K. The Company cautions you not to place undue reliance on forward-looking statements, which reflect an analysis only and speak only as of the date hereof. TiVo disclaims any obligation to update these forward-looking statements.