TiVo in venture with AOL

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TiVo, San Jose, Calif., marketer of the TiVo PersonalTV Service, will become an AOLTV programming partner under a three-yearpact with America Online, Dulles, Va. The deal will give AOLTVsubscribers access to TiVo services. AOL also will make an equity investmentof up to $200 million in TiVo with options to purchase additionalshares. The deal makes TiVo the exclusive provider of personal TV features onthe AOLTV set-top boxes that are due out in 2001.

Copyright June 2000, Crain Communications Inc.

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