The Weather Channel Launches App on Vizio Televisions

The Weather Channel June 29 announced it has expanded its distribution relationship with Vizio. Owners/users of Vizo internet-connected televisions now have access to The Weather Channel streaming app.

The app includes local weather and on-demand original programming, among other content. The app allows subscribers to customize local weather information, live stream current news, and view on-demand original programming with the following features:

  • Real-time weather observations, plus hourly, daily, and weekly forecasts along with pressure and wind speeds.
  • User choice of up to five favorite locations.
  • A suite of full-screen maps, live radar, satellite, severe weather alerts and future forecasts for subscribers.

 

“Through this agreement we are able to expand our reach to include millions of [new] users who can now access personalized weather tracking, news, and entertainment content,” Byron Allen, CEO of The Weather Channel parent company Allen Media Group, said in a statement.

“Extending our relationship with the Allen Media Group with the launch of the Weather Channel app adds a valuable dimension to Vizio and additional programming with customizable features where it matters most,” Katherine Pond, group VP of platform content and partnerships at Vizio, said in a statement.

For a limited time, The Weather Channel is offering a seven-day free trial for new app subscribers. Viewers who have access to The Weather Channel via their cable and satellite provider can subscribe by authenticating their accounts using their provider credentials.

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TiVo Names New CEO, Updates Business Outlook

TiVo has named Dave Shull, former chief executive of The Weather Channel, as its new CEO, replacing interim CEO Raghu Rau, who becomes vice chairperson on the company’s board of directors.

As CEO of The Weather Channel from 2015 to 2018, Shull overhauled the organization to streamline operating costs, separated the digital assets from its television and OTT products resulting in the successful sale of its digital businesses to IBM in 2016.

Prior to The Weather Channel, Shull held various executive roles at Dish Network for 10 years. He holds a B.A. from Harvard University and an M.B.A. from Oxford University.

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“In addition to Dave’s deep experience in the pay-TV, OTT and digital media fields, he has a strong track record of driving value creating strategic outcomes and operational transformations,” Jim Meyer, chairman of the board, said in a statement.

Indeed, driving growth and strategy are just what TiVo needs as it separates its hardware and IT patent businesses.

The DVR pioneer also announced that, based upon improved visibility into its sales pipeline, it is raising fiscal 2019 expectations from those provided on May 9.

It now expects revenue of $644 million to $660 million, up from previous range of $640 million to $654 million, and a pre-tax loss of $72 million to $80 million, lowered from the previous pre-tax loss of $75 million to $87 million.

TiVo now expects Adjusted pre-tax earnings of $175 million to $185 million, up from the previous range of $172 million to $178 million.

Additionally, TiVo said it expects to repay $345 million currently outstanding on its 2020 convertible notes by the maturity date, from its cash, cash equivalents and marketable securities on the balance sheet and anticipated operating cash flow.

Finally, TiVo reaffirmed that it expects to complete the separation  of its hardware and patent software businesses in the first half of 2020.