updated 10:50 am EST, Fri February 1, 2008
TiVo Phasing Out Series 3
TiVo is in the midst of discontinuing production of its high-end Series 3 DVR box, the company has confirmed. A message from TiVo explains that a $200 rebate for the HD-capable video recorder during the holidays was more successful than expected and has left TiVo with a supply shortage. Without necessary parts to make the Series 3, it will be more economical to phase out the Series 3 ahead of its initial schedule than to continue to sell a hard to manufacture product, the company says. Instead, the brunt of the focus will be on the TiVo HD, which holds less storage and fewer features but also costs less than half the Series 3's normal price.
Support for the Series 3 is expected to continue past when supplies of the DVR run out of stock, which should take place within the next year depending on demand. TiVo also notes that subscriptions and other features will continue to remain active for the Series 3 and that future upgrades made for the TiVo HD should also extend to the premium model, saving the trouble of upgrading to a new device for any software-based upgrades. [via Zats Not Funny]