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“This is significant progress for TiVo as we prepare for a separation of our IP Licensing and Product businesses. Getting the right capital structure in place for both businesses was a critical factor to the separation, and the agreement we are announcing today is a major milestone towards TiVo becoming two independent businesses,” commented Dave Shull, TiVo president and chief executive officer. “We are also reaffirming the 2019 Full Year Outlook provided on our last quarterly earnings call on November 7, 2019 as the terms of the new Term Loan Credit Agreement were contemplated in providing such estimates. TiVo remains actively involved in strategic discussions, while also preparing for a separation into two independent companies by April of 2020.”

About TiVo

TiVo (NASDAQ: TIVO) brings entertainment together, making it easy to find, watch and enjoy. We serve up the best movies, shows and videos from across live TV, on-demand, streaming services and countless apps, helping people to watch on their terms. For studios, networks and advertisers, TiVo delivers a passionate group of watchers to increase viewership and engagement across all screens. Go to tivo.com and enjoy watching.

Contacts

Media Contact:

Lerin O’Neill TiVo Corporation +1 (408) 562-8455 Lerin.ONeill@tivo.com

Investor Relations:

Nicole Noutsios TiVo Corporation +1 510-315-1003 tivo@nmnadvisors.com

TiVo is a digital video recorder (DVR) developed and marketed by Xperi and introduced in 1999. TiVo provides an on-screen guide of scheduled broadcast"Release date: March ; 21 years ago"Developer: Xperi"Operating system: Linux"Missing: credit? | Must include: credit?

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If TiVo does not receive the device within 15 days of the return request, you will incur a charge (to your credit card on file) equal to the difference"TiVo Device: Device Storage/Type"DVR Extenders: TiVo Mini; TiVo Mini VOX; TiVo