TiVo Inc.,which is in the process of being acquiredby Rovi Corp. has reducedthe prices of both versions of its 4K-capable DVR, TiVo BOLT, by $100, Multichannel News reported May 2.

TiVo BOLT, which was launchedin September 2015, now costs $199.99 for the 500 GB version and $299.99 for the1 TB model.

The company, however, has dropped the free year of service includedpreviously, according to the report.