Grant Lukenbill, Senior Editor
October 06, 1999
TiVo On-Demand TV Goes Public
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.