News Byte
Peter Kafka in on May 2, 2011 at 5:25 am PT
Dish and EchoStar are paying TiVo half a billion dollars to settle a long-running patent fight over DVR technology. The two satellite TV companies will pay TiVo $300 million up front, and the remainder over 6 years, to settle suits that started in 2004. The settlement follows an April 20 legal victory for TiVo.
News Byte
Voices in News on March 1, 2011 at 3:29 pm PT
Shares in DVR pioneer TiVo moved lower in after-hours trading today after the company posted a loss of $0.30 cents per share–two cents worse than analysts were expecting–and offered a disappointing picture of the current quarter. The fast-forward version: Service and technology revenue, down; subscription rate, down; churn, up; expenses, up; legal fees, substantial.
Peter Kafka in Media on January 7, 2011 at 4:49 pm PT
Twitter has crossed the threshold from Web novelty into something substantial. Now Dick Costolo’s job is to turn it into a business–one big enough to justify the sky-high valuation investors have given the messaging company.
Tricia Duryee in Commerce on January 6, 2011 at 6:13 pm PT
During Samsung’s keynote at CES tonight, it invited a full cast of characters to demonstrate how it was moving TV from the living room to both tablets and phones.
News Byte
Voices in News on November 23, 2010 at 2:20 pm PT
Analysts were expecting bad news out of
TiVo’s third-quarter results today, and the company delivered. Citing higher operating expenses, the DVR pioneer posted a loss of of $20.6 million, or 18 cents a share (three times the loss of a year ago), on revenue of $41.3 million. Consensus estimates were looking for a loss of 17 cents a share on $41.4 million in revenue. CEO Tom Rogers said the company’s distribution deals will start paying off in subscriber growth eventually, but for now, the fourth-quarter forecast was for more of the same.
Walt Mossberg in Mossberg’s Mailbox on October 13, 2010 at 3:35 pm PT
Walt answers readers’ questions on deleting Facebook profiles, recording TV shows and converting music files.
Kathy Shwiff and Ian Sherr, Reporters, The Wall Street Journal in News on October 6, 2010 at 2:55 pm PT
TiVo Inc. said the U.S. Patent and Trademark Office has reaffirmed the validity of all its patent claims for its “time-warp” digital video recorder technology in the second re-examination of the patent at EchoStar Corp.’s request.
TiVo’s shares jumped 9.7 percent to $10.08 in 4 p.m. Nasdaq trading, while EchoStar slid 1.1 percent to $19.30 and sister company Dish Network Corp. fell 2.7 percent to $19.10.
Peter Kafka in Media on June 16, 2010 at 4:26 am PT
The TV networks have been unwilling or unable to run many ads with their online shows. But ABC is pushing to change that, starting with its popular app. Next up: More ads at ABC.com, too.
