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DTS AutoStage™ Expands into More Vehicle Models Following Video Launch, Developing New Functionality
In a recent consumer survey by Xperi and DTS, it was discovered that 71% of those 25 to 34 want a built-in vehicle entertainment experience that is more than a mirror of their smartphone. Entertainment in the vehicle has transformed from simple audio capabilities, to front and rear seat video, with the next frontier including gaming. According to IDC, Gen Z are today's most avid gamers at 14.9 hours a week on average, while consumers overall spend an average of 9.4 hours a week on gaming. While that is a relatively small slice of the 60 hours a week that consumers spend engaged with digital entertainment, the numbers are expected to rise in the next year for Younger Millennials, Older Millennials and Gen X. DTS AutoStage plans to incorporate today's most popular digital games including audio games, casual games and console/core games engineered with discovery and context that is personalized to users' preferences, and designed to ensure games are played safely in the car. The addition of gaming to the platform will round out the platform by delivering a complete content-first media experience. Because over-the-air updates are an integral part of the DTS AutoStage platform, immediate innovations and additions are easily and rapidly facilitated so consumers have the most up-to-date and relevant user interface with access to the most current and expansive content available. For example, BMW, which recently rolled out DTS AutoStage Video Service Powered by TiVo™ in its BMW 5-Series vehicles throughout the United States, Great Britain, South Korea, France, Italy, Germany, Spain and soon also in Japan, is now being rolled out over-the-air to other models. Customers in the compact class have also had access to DTS AutoStage Video Service Powered by TiVo in vehicles with BMW Operating System 9 in conjunction with BMW Digital Premium since the end of 2023, with further vehicles, such as the BMW X2, and all models of the new MINI family following in 2024. DTS AutoStage Video Service Powered by TiVo is the ultimate in-car video entertainment experience. It brings personalized, content-first experience to the connected car, delivering free premium content across live TV, news, sports, movies, and more, on the vehicle screen. The traction of Xperi connected car technologies is further evidenced by the ongoing expansion of HD Radio, the North American standard for digital radio, which recently marked milestone implementation in more than 100 million vehicles and, the company announced, for the first time in Harley Davidson motorbikes. In addition, Ford Motor Company is incorporating DTS AutoStage into certain North American vehicles, starting with the 2024 Lincoln Nautilus. Throughout CES 2024, DTS and Xperi will be showcasing how its connected car technologies are revolutionizing the entertainment industry on the show floor at the LVCC West Hall Booth 6240 and at Park MGM. If interested, request a demo at media@xperi.com. For more information on DTS AutoStage, visit https://dts.com/autostage/. Consumer Survey: "From In-Vehicle Entertainment to Integrated In-Cabin Experience" Report Safe Harbor Statement This press release contains "forward-looking statements" within the meaning of the federal securities laws. These forward-looking statements are based on information available to Xperi as of the date hereof, as well as Xperi's current expectations that involve risks and uncertainties. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause Xperi's actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include but are not limited to those related to the availability, features, benefits, functionality, attributes, and timing of release of Xperi's products and related services. These risks, as well as other risks associated with the business, are more fully discussed in Xperi's filings with the U.S. Securities and Exchange Commission ("SEC"), including Xperi's Quarterly Reports on Form 10-Q and Annual Report on Form 10-K. About DTS, Inc. Since 1993, DTS has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. Now, DTS is also powering imaging and sensing technologies as well. For more information, please visit www.dts.com. About Xperi Inc. Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS®, HD Radio™, TiVo®), and by its startup, Perceive, and IMAX Enhanced, an IMAX and DTS partnership, have been integrated into billions of consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences. Xperi has created a unified ecosystem that reaches highly engaged consumers driving increased value for partners, customers and consumers. ©2024 Xperi Inc. All Rights Reserved. Xperi®, TiVo®, DTS®, HD Radio™, Play-Fi®, Perceive® and their respective logos are trademark(s) or registered trademark(s) of Xperi Inc. or its subsidiaries in the United States and other countries. All other trademarks and content are the property of their respective owners. XPER-P View source version on businesswire.com: https://www.businesswire.com/news/home/20240108697686/en/
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