TiVo and Vestel announced that as part of a multi-year, multi-country and multi-million-unit agreement, the first Powered by TiVo™ smart TVs are expected to ship as early as spring 2023 featuring chipsets from MediaTek, a global fabless semiconductor company that enables more than two billion connected devices a year. When released, consumers in the United Kingdom, France, Germany, Italy, Spain and Turkey will be able to purchase Powered by TiVo smart TVs under brands including Vestel, Daewoo, Regal, Hitachi, Telefunken and JVC. A first for the company, Xperi announced its new independent media platform at IFA 2022 and welcomed Vestel as its first original equipment manufacturer (OEM) partner.

Vestel will be utilizing the new TiVo OS, a first-of-its-kind neutral platform, aimed at giving OEMs significantly more control over the user experience to drive brand awareness, engagement and monetization at scale. Without the limitations of a closed system, the neutral platform returns control to consumers, empowering them to enjoy entertainment on their terms, for the ultimate home entertainment experience. Vestel's new line of TVs use Powered by TiVo OS, a streamlined smart TV platform with easy content discovery and personalized recommendations.

It provides a simple set-up and intuitive user experience, enabling consumers the choice and the control to discover content across their favorite streaming apps. At the forefront of innovation, Vestel's new Powered by TiVo platform offers the latest technologies with best-in-class voice navigation and uniquely customizable ways to enjoy TV. TiVo OS will also incorporate TiVo+, a free content network that provides consumers access to more than 160+ free channels and 100,000 hours' worth of content.

Stingray is a strong addition to the content lineup now available on a global basis for TiVo OS and beyond - adding 26 channels from Stingray to the TiVo+ content network.