TiVo: Still Haunted By HDTV
TiVo yesterday reported a small decrease in total subscribers and the company's delay in embracing High-Definition TV is a major cause.
The DVR service reported that it had 3.95 million subscribers at the end of the fourth quarter, a decline from approximately 4.1 million at the end of the third quarter.
In an investors call with Wall Street analysts, TiVo CEO Tom Rogers noted that many DIRECTV/TiVo standard-def subscribers have upgraded to DIRECTV's HD DVR, which contributed to the company's monthly churn rate rising from 1.2 percent to 1.5 percent.
The DVR service reported that it had 3.95 million subscribers at the end of the fourth quarter, a decline from approximately 4.1 million at the end of the third quarter.
In an investors call with Wall Street analysts, TiVo CEO Tom Rogers noted that many DIRECTV/TiVo standard-def subscribers have upgraded to DIRECTV's HD DVR, which contributed to the company's monthly churn rate rising from 1.2 percent to 1.5 percent.
posted by Sirdvd at
9:35 AM
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