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.
Read more here:
http://www.tvpredictions.com/tsubs082610.htm
