TiVo and Best Buy Become Allies
July 9, 2009 by Mark Ellis
Filed under Business News
In a move that looks mutually beneficial, at least on paper, TiVo announced today that it would form a marketing alliance with electronics retailer Best Buy. Although the financial details of the deal have not yet been released, the deal would involve TiVo providing its recording technology to Best Buy’s own brand of televisions and other electronics.
TiVo stands to benefit greatly from partnering up with Best Buy, the top specialty consumer electronics retailer in the country. Putting TiVo recording technology in Best Buy’s electronics would boost TiVo’s sales. In return, Best Buy would benefit from consistent advertising on TiVo’s on-screen …read more
Supreme Court Ruling a Big Win for Cable
June 29, 2009 by Mark Ellis
Filed under Business News
For years, the legal battle between Hollywood and cable providers raged on about whether or not subscribers should be able to record shows to the cable provider’s central database. The Supreme Court has ended the battle by ruling in favor of cable, which means that cable users will be able to incorporate video storage into their own networks.
This is a significant victory for cable operators, who currently have to provide each customer with set-top boxes in order to allow DVR service. Upgrading these systems is costly, even for those who already have DVR boxes, which means that the Supreme Court …read more
Struggling TiVo Losing Subscribers
May 27, 2009 by Mark Ellis
Filed under Business News
Although TiVo is the pioneer in the field of digital-video recording, the company has posted a fiscal first-quarter loss and continues to lose subscribers. Perhaps due to the financial crisis, TiVo’s loss totaled $4.13 million, or 4 cents a share.
Just a year earlier, TiVo posted a profit of $3.62 million, but this quarter, sales have fallen 9.7 percent to $54.9 million. While the loss is certainly bad news for TiVo, the situation is not quite as bad as analysts estimated. An average of six analysts’ estimates had TiVo’s sales at $53.8 million.
In order to combat subscriber loss, TiVo has added …read more





