Thursday, January 13, 2005

TiVo co-founder Ramsay stepping down as CEO

Speaking of DVR's:

There's trouble in TiVo'ville: "Comcast Cable announced its DVR service last month. TiVo's partner, DirecTV, the satellite television provider, said last week that it would introduce its own DVR service later this year, using software from its sister company NDS Group, a TiVo technology competitor."

This should have happened 6 to 12 months ago when it first became apparent that DirecTV was looking to replace TiVo. This is an extremely difficult transition for the company, with the announcement alone possibly killing off TiVo's subscriber growth in the very short term and any potential partners certainly way off in the long term. And they think they'll be profitable next year?

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