Subscriber Counts

Current Subscribers
as of March 10 PR release...

3,000,000 +
Three Million plus

TIVO DOUBLES SUBSCRIPTION ADDITIONS AND EXPECTS TO REACH PROFITABILITY BY FISCAL YEAR END
• Total subscription base grows to over 3 million;
• Service revenues 73% higher than Q4 of last year;
• Operating cash flow increases to $17.8 million;
• Company plans enhanced service offerings

during the year ALVISO, Calif. – March 10, 2005 – TiVo Inc. (NASDAQ: TIVO), the creator of and a leader in television services for digital video recorders (DVRs), reported today that it added approximately 698,000 net subscription additions in the fourth quarter, more than double the number it added in Q4 of last year. At over 3 million, the Company’s total installed base of subscriptions is more than double what it was a year ago. Service revenue for the quarter increased 73% to $33.0 million, compared with $19.1 million for the three months ended January 31, 2004. TiVo’s net loss in Q4 was ($33.7) million, or ($0.42) per share, compared to a net loss of ($12.4) million, or ($0.18) per share, for the three months ended January 31, 2004. The increase in net loss for the quarter reflects the impact of TiVo’s increase in rebate expense during in the quarter, as part of the Company’s previously announced subscription acquisition activities. Additionally, this quarter’s results include $3.2 million in non-cash charges related to TiVo’s recently completed redemption of its 7% Convertible Senior Notes. Operating cash flow during the quarter was approximately $17.8 million, compared with approximately $13.4 million in Q4 of last year. TiVo ended the year with $106.3 million in cash and short-term investments. “This was a yet another year of continued growth for TiVo, and we met our objective of doubling our total subscription base in the year,” said Mike Ramsay, TiVo’s Chairman and CEO. “Now, with total subs over 3 million-strong and growing, we are focused on reaching profitability. We have a growing base of recurring revenues that, combined with planned reductions in total acquisition spending in the year, will put us in a position to achieve this goal by Q4.”

* = company estimate