TiVo posts $10.2m loss, remains on deathwatch
We've had TiVo firmly on deathwatch since 2005, and although the company's shares have recently surged with the launch of the TiVo Premiere and another legal victory over Echostar, things are still looking somewhat bleak: the Q4 numbers are in, and everyone's favorite DVR company just posted a $10.2m loss. Why? For the same reason that's plagued the company for five damn years now: it's hard to sign up new subscribers when the cable company offers a similar good-enough product for less money, especially when TiVo can't access cable VOD. And let's be brutally honest here: we love TiVo and we're more than excited to get our Premiere review units, but we don't think a revised interface is going to stem the tide -- almost every feature of the Premiere is available on the TiVo HD, after all. We've offered up our suggestions on how to re-energize the company in the past -- that new QWERTY remote is a great start -- but until TiVo stops playing ball with the same cable companies that actively try and cut it off at the knees and starts going for the jugular with features and pricing, we don't think things are going to get any better.TiVo posts $10.2m loss, remains on deathwatch originally appeared on Engadget on Mon, 08 Mar 2010 22:13:00 EST. Please see our terms for use of feeds.
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