New Rebate Takes TiVo Series2 To $199

pt. 12 /PRNewswire-FirstCall/ -- TiVo, the creator of television services for digital video recorders (DVRs), said today it will offer a $50 rebate(*) through the peak holiday shopping season that will for the first time push the entry price point on the TiVo Series2 to under $200 at leading retailers across the country.

With the right pricing, the right product and the right distribution, a TiVo DVR is the gift on everyone's wish list this year," said Joe Miller, Vice President, Sales at TiVo. "The most sought after gift for the holidays is now more affordable than ever."

TiVo is offering a $50 mail-in rebate on its industry leading TiVo Series2 models, which store up to 40 or 80 hours of television programs. With the rebate, the 40 hour TiVo Series2, the same product featured on Oprah's annual "Best of the Best" show, can be purchased for just $199. The 80 hour Series2 is $299 after the rebate.

The TiVo service features award-winning features that make it easier than ever for viewers to record their favorite shows. With TiVo's Season Pass recording feature, viewers can record an entire season of their favorite show with just a click or two of the remote. A WishList search lets viewers tell the TiVo DVR to search the channels and record shows that feature their favorite actor, director or sports team.

TiVo is flexible enough to work with virtually every source of TV programming, including any cable, satellite or antenna set-up. Plus, the TiVo Series2 is available at all the popular holiday shopping spots including Best Buy, Circuit City, Good Guys, Tweeter, Ultimate Electronics and online at Amazon.com and www.tivo.com.

Additional information can be found online at www.tivo.com.

REBATE TERMS: The mail-in rebate is available on TiVo Series2 models purchased between September 12 and December 31, 2003. Rebate does not apply to DIRECTV receivers. To qualify for the rebate, customers must purchase a subscription to the TiVo service directly from TiVo Inc. The TiVo service starts at just $12.95 and a subscription for the lifetime of the product is only $299. In addition, customers must activate the service prior to January 31, 2004 to qualify for the rebate. Rebate not valid in combination with any other promotion or service options.

Source: TiVo Inc.