TiVo On-Demand TV Goes Public

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TiVo Inc., Sunnyvale, CA, announced SEC approval for an initial public offering of 5.5 million shares of common stock this week at $16 a share. Shares will be traded on Nasdaq under the symbol TIVO.

The company specializes in offering interactive and on-demand television services, which allow consumers to pause, replay, rewind and record live television broadcasts.

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