The DVR company is set to announce its Stop Watch Local Markets service today at the NAB Show in Las Vegas.
Service will utilize the TiVo set-top boxes already in place in households throughout the country. According to TiVo's Todd Juenger, VP-general manager of audience research and measurement, the service has the ability to immediately enter any of the more than 200 local TV markets; which cities it rolls out first depends on demand and interest from advertisers and stations.
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TiVo has already been collecting national ratings, having introduced that service in February 2007. The company tracks ratings for 93 broadcast and cable networks.
TiVo said it isn't taking on Nielsen directly, but it's clear the DVR service senses weakness in some of the ways the ratings behemoth measures local markets.
"I would say that our product addresses a whole bunch of deficiencies in the current system," Juenger said.