Tivus, Inc. (TIVU) Commences Phase II Development in Hospitality IPTV Environment
As part of its ongoing penetration of the hospitality industry’s entertainment market, Tivus, Inc. announced recently that it has begun Phase II in its deployment of high-definition internet protocol television (HD-IPTV). The company follows a novel business model for hotel entertainment systems providers. In March of this year, Tivus had announced what appeared to be a test installation in 300 rooms of a luxury Host Hotels & Resorts Inc. (NYSE: HST) hotel. With that deployment having gone well, the company has now placed its systems in 900 rooms. Commented CEO and president Shiva Prakash on releasing the news, “We successfully…