• Associated Press via CBSNews.com, Wednesday, November 15, 2006 11:45 AM

In its ongoing bid to be a central conduit of media, TiVo Inc. plans to broaden its digital video recording service later this year. The new feature--one of several TiVo has made lately--comes as homemade clips and Hollywood movies are all becoming more popular on the Web, and an increasing number of tech giants are tackling the barriers to deliver video from a computer to the comforts of a living room.

"Broadband video is growing rapidly on the Web, but the television will continue to be the key way viewers want to watch video," says TiVo chief executive Tom Rogers. "Our overall goal is to provide as many types of content in as many formats to be displayable on the television through TiVo."

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