MacRumors.com

The New York Times reports that TiVo is announcing both iPod and Sony PSP support for its Digital Video Recorder (TiVo).

The newest version of its TiVoToGo software will allow users to transfer recorded television programming to either an Apple iPod (5G) or Sony PSP.

According to a press release the feature will begin testing in the coming weeks, with full availability to TiVo Series2 subscribers as early as the 1st quarter of next year.

According to the New York Times, there will be a one-time fee to users to enable this feature which will cover the licensing fee for MPEG-4. Another article notes that the encoded video will contain digital watermarks to discourage internet sharing of the resultant video files.

Update: More info in the official press release.