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September 12, 2003 10:06 AM PDT

TiVo offers rebate on DVRs

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Digital video recorder company TiVo announced on Friday a $50 rebate on its Series2 recorders. The rebate will last until the end of the year. Consumers must purchase TiVo service directly from the company and activate it before Jan. 31, 2004, to qualify for the rebate. The service costs $12.95 per month or $299 for a lifetime subscription. With the rebate, a TiVo recorder with 40 hours of recording time will cost $199 and a recorder with 80 hours of recording time will cost $299.

The holidays have historically been one of the strongest sales periods for the San Jose, Calif.-based company.

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