Thursday, May 12, 2011
TiVo's Slo-Mo Trip Toward Profitability
To date, the flurry of deals has yet to translate into a bump in TiVo subscribers. In March, TiVo reported that over the past fiscal year the number of subscribers via third-party deals had dropped from 1,140,000 to 783,000, owing largely to the gradual phasing out of a deal with DirecTV (DTV). Some investors are growing impatient. "Tom Rogers has been there long enough. You would think they would start turning that ship around," says Kurt Scherf, the vice-president of market researcher Parks Associates. "I'm left with the question of why that hasn't happened yet."
From the article, "TiVo's Slo-Mo Trip Toward Profitability" by Felix Gillette
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