TiVo Loses 131,000 Subscribers; Worst For A January Quarter
TiVo Loses 131,000 Subscribers vs. 314,000 in Previous Quarter
In the quarter ending January 31, 2010, TiVo’s total subscribers fell 131,000 to 2.61 million, far fewer than the preceding quarter. However, the January quarter has typically been TiVo’s “best” in terms of subscriber losses over the past several years and the 131,000 subscriber loss was its worst for a January quarter on record.
TiVo’s business licensing its intellectual property (or suing for damages over it) got a big boost last week in a court win over Echostar. That’s good for shareholders, because its hardware selling business has been over for quite some time. For the most January quarter, it only sold about 500 of its own TiVo DVRs a day.
TiVo subscribers July 2001- December 2009(millions, except for Change which is thousands)
“MSOs” refer to subscriptions sold to consumers by MSOs/Broadcasters such as DIRECTV, Cablevision Mexico, Seven (Australia), and Comcast for which TiVo expects to incur little or no acquisition costs.