August 26, 2010
Washington, D.C. (August 26, 2010) — TiVo announced yesterday that it lost another 125,000 subscribers in the second quarter.
The DVR service reported that it had 2.4 million subscribers at the end of the second quarter, compared to 3 million at the end of last year's second quarter.
TiVo reported in May that it had 2.5 million subscribers at the end of the first quarter, a 100,000 decrease from the end of the fourth quarter of 2009.
The decline suggests that the DVR company seems incapable of maintaining its subscriber base. TiVo reported having 4.3 million subscribers in 2006, but the sub numbers have been dropping steadily ever since due to increased competition from satellite and cable DVR services.
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August 26, 2010
TiVo said yesterday that it 'hopes' to introduce a DIRECTV HD DVR by year's end.
DIRECTV and TiVo announced in 2008 that it would renew their marketing partnership and launch a new HD DVR in the second half of 2009. However, that deadline passed and company executives pushed the launch date to the first half of 2010.
TiVo CEO Tom Rogers said last April that the DIRECTV set-top would be available in the "latter part of this year." He did not offer a specific reason for the delay.
And yesterday in a conference call following the company's release of its second quarter statement, Rogers hedged again on the exact timing for the box.
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http://www.tvpredictions.com/tdirectv082610.htm
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