TiVo subscribers down 131 thousand in quarter to end-January 2010

ALVISO, CA — TiVo Inc. (NASDAQ: TIVO), a creator and leader in advanced television services and digital video recorders (DVRs), today reported financial results for the fourth quarter and fiscal year ended January 31, 2010.

For the fourth quarter, service and technology revenues were $45.3 million, compared with $48.5 million for the same period last year and $47.1 million in the prior quarter.

Highlights

• Adjusted EBITDA for the fourth quarter was a loss of ($3.2) million, beating guidance
• Net loss for the fourth quarter was ($10.2) million, better than guidance
• Launches TiVo Premiere DVR and new high-definition user interface, taking the advanced television experience to the next level
• The United States Court of Appeals for the Federal Circuit rules in TiVo’s favor; Paves the way for the Company to receive further damages in the future
• RCN to launch TiVo in second quarter
• TiVo partners with conditional access provider Conax to offer European multi-channel operators a fully comprehensive end-to-end solution

Subscriptions:

                                    Three Months Ended  Twelve Months Ended
                                        January 31,         January 31,
                                    ------------------  ------------------
    (Subscriptions in thousands)      2010      2009      2010      2009
                                    --------  --------  --------  --------
TiVo-Owned Subscription Gross
 Additions                                46        59       148       187
Subscription Net Additions/(Losses):
TiVo-Owned                               (72)       (4)     (189)      (91)
MSOs/Broadcasters                        (59)     (121)     (541)     (520)
                                    --------  --------  --------  --------
   Total Subscription Net
    Additions/(Losses)                  (131)     (125)     (730)     (611)

Cumulative Subscriptions:
TiVo-Owned                             1,465     1,654     1,465     1,654
MSOs/Broadcasters                      1,140     1,681     1,140     1,681
                                    --------  --------  --------  --------
   Total Cumulative Subscriptions      2,605     3,335     2,605     3,335
% of TiVo-Owned Cumulative
 Subscriptions paying recurring
 fees                                     58%       59%       58%       59%
                                    ========  ========  ========  ========

Included in the 1,465,000 TiVo-Owned subscriptions are approximately 279,000 lifetime subscriptions that have reached the end of the period TiVo uses to recognize lifetime subscription revenue. These lifetime subscriptions no longer generate subscription revenue.

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