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TiVo sees light at the end of the time-shift tunnel

December 2nd, 2006 · No Comments

US PVR maker TiVo is enjoying some seasonal good cheer, posting net revenues of 65.6 million dollars in its third quarter financials, up from 49.6 million year on year. The company recorded a net loss of 11 million dollars, down from a loss of 14.1 million.
The overall TiVo subscriber base grew 11 percent to 4.4 million.
The brand was also buoyed by the news that a Texas judge has denied a request by TiVo’s rival Echostar for a new trial, in its long-running patent dispute. Last Spring, TiVo was awarded 89.6 million dollars in damages following what it claimed was an infringement of its technologies by the satcaster.

Tags: Home cinema · Internet and networking · Trade

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