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TiVo Reports Record Sub Growth As It Starts To Look For A New CEO
TiVo’s had a hard time persuading Wall Street that there’s still a place for its DVRs in an increasingly competitive market for TV boxes. But its just-released report for the quarter ending in October, and plans for 2016, may help a little.
The company reported the biggest-ever net increase in its customer base: It…
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TiVo’s Tom Rogers Gives Up CEO Job, But Will Stay As Chairman
This is a big change for TiVo, whose stock price has declined nearly 34% over the last 12 months. The company says that CEO Tom Rogers will give up the top job at the end of January, but remain as the non-executive Chairman.
The board has formed a search committee to find a replacement. Rogers’ “accomplishments…
TiVo Sues Samsung, And Predicts Growth From New Deals
TiVo has several answers this afternoon for investors wondering how the DVR pioneer plans to grow in a period when Comcast and other major pay TV providers worry about cord cutting — and hope to slow it by promoting their own next generation video technologies.
TiVo will head back to court, this time with a patent…
DeadlineNow: TiVo’s Strategy Impresses Wall Street (Video)
Today kicks off our DeadlineNow video news service, in which Deadline's journalists offer instant analysis and commentary on the news as it happens. Check back throughout the day for more reports.
Related: TiVo Beats Q1 Earnings Estimates With Overseas Sub Growth…
TiVo Beats Q1 Earnings Estimates With Strong Overseas Sub Growth
CEO Tom Rogers’ efforts to persuade pay TV distributors to offer TiVo boxes to customers who want online and conventional video worked better than many investors anticipated in the three months ending in April. The company says it generated $8.1M in net income, up from a $10.3M loss in the period last year, on…
CES Q&A: TiVo CEO Tom Rogers On Why TV Still Doesn’t Serve Viewers Well
TiVo has a special relationship with the International CES. In 1999, the company helped to popularize the reputation of what was then known as the Consumer Electronics Show as a showcase for cutting-edge technology when it introduced visitors to the DVR. The device promised to revolutionize television by divorcing TV…
TiVo CEO: Cable Operators Want To Distribute Netflix
When many studios license shows to Netflix they stipulate that the content can’t be distributed in the U.S. through a pay TV operator’s set top box — but that should change, TiVo CEO Tom Rogers told analysts today. Netflix “has clearly risen to the level of a must-have” for consumers who want streamed video. And once…
TiVo Shareholders Reject Calls To Challenge CEO’s Compensation
Shareholders at TiVo’s annual meeting yesterday approved the company’s $11.5M compensation last year for CEO Tom Rogers, rejecting pleas by two leading proxy advisory firms to challenge the salary package. Nearly 60% of the votes cast for or against supported the board’s award for Rogers while 40% opposed in the…
TiVo Shareholders Urged to Challenge CEO’s Compensation
Two of the most prominent proxy advisory firms, Glass Lewis and Institutional Shareholder Services (ISS), want investors to oppose TiVo CEO Tom Rogers’ package at the July 31 annual meeting in Menlo Park, Cal. The so-called “Say On Pay” vote is strictly advisory, but shareholders rarely break with management. A…
TiVo Chief Says Pay TV Needs To Improve User Experience: UBS Confab
Unlike in computers and the Internet, the TV industry “hasn’t had an upgrade to its look and feel for quite a long time,” TiVo CEO Tom Rogers says. Three guesses what he wants pay TV providers to do to fix that. Although many people still think of the DVR pioneer as a seller of boxes, “we are in the business of…
TiVo and PayPal Team For Viewers To Buy Products In TV Ads
TiVo’s own data shows that its users can’t wait to skip past ads. But unlike Dish Network’s Charlie Ergen — who has infuriated the media industry with his Hopper DVR that helps viewers to automate the process — TiVo CEO Tom Rogers keeps looking for ways to please everybody by making advertising more palatable. That…
TiVo Shares Slide After Q1 Losses Exceed Guidance
TiVo‘s stock price is down about 2% in after-market trading — following a 3% drop earlier today. The DVR pioneer ended its fiscal Q1 in April with a net loss of $20.8M, down from a $139M profit in the period last year, on revenues of $67.8M, up 48.1%. (Last year’s profit included $175.7M from Dish Network as part of…
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