Virgin should buy TiVo...
02-03-2011, 21:05
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#1
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Inactive
Join Date: Jun 2004
Location: Coventry
Services: Virgin Media 1TB TiVo, 500Gb TiVo, TV XL, 60Mb Broadband, Phone
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Virgin should buy TiVo...
....because at this rate, the shares will be cheap enough:
http://www.contactmusic.com/news.nsf...g-loss_1204982
Quote:
TiVo, the company whose name was once synonymous with digital video recorders, reported on Tuesday that it lost 223,000 subscribers in its last quarter, the second-worst quarter for subscriber losses that it has ever experienced. The company reported a loss of $34.4 million during the quarter versus a loss of $9.9 million for the comparable quarter a year ago. Revenue declined 18.7 percent. Shares in the company fell 4.5 percent on Tuesday and were down an additional 7.2 percent to $9.11 at mid-morning trading on the Nasdaq today (Wednesday) after TheStreet.com downgraded its rating to "Sell" from "Hold."
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02-03-2011, 21:13
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#3
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Inactive
Join Date: Aug 2008
Location: Liverpool
Services: VM XL TV with VM TiVo 1TB x 2 > VM XL BB > VM XL Telephone
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Re: Virgin should buy TiVo...
They seem to be concentrating on their new integrated stb cable deals in UK, Sweden etc.
Not a good last quarter for them though.
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02-03-2011, 21:14
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#4
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cf.mega poster
Join Date: Jun 2009
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Re: Virgin should buy TiVo...
This is a good read:
http://www.fool.com/investing/genera...-is-stuck.aspx
and check out this from the bottom of the page:
Tivo has been fighting for years to get what is rightfully there's IMO. TiVo has said it will be entitled to about $300 million in
damages and contempt sanctions through July 1, 2009, and it will
seek more cash for infringement after that date. That’s in
addition to $100 million Dish paid TiVo after the original
appeals court ruling.
"Dish may have to pay TiVo more than $2 billion to settle
the case 2009-1374, according to Craig Moffett, an analyst at Sanford C.
Bernstein in New York. If Dish were required to silence all its
DVRs, it would face a worst-case cost of $3 billion, he said"
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02-03-2011, 21:15
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#5
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Inactive
Join Date: Jun 2004
Location: Coventry
Services: Virgin Media 1TB TiVo, 500Gb TiVo, TV XL, 60Mb Broadband, Phone
Posts: 1,508
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Re: Virgin should buy TiVo...
You would hope that with the various deals which TiVo have made with European Pay-TV platforms, they should get some money in.
On the flip side, they're being sued in the states by Microsoft, Motorola and Dish Network.
If - god forbid - TiVo went bust....what would happen to the development of VM TiVo?
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02-03-2011, 21:16
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#6
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Inactive
Join Date: Mar 2010
Posts: 12,313
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Re: Virgin should buy TiVo...
TiVo also saw further erosion in its subscriber base. In the most-recent quarter, the company lost 223,000 subscribers, compared with 131,000 lost a year earlier. Its total customer base is 21% smaller than it was a year earlier and stands at about two million.
223,000 customers is a lot of people when there subscriber base is now only 2 million especially in a country the size of the USA.
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02-03-2011, 21:20
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#7
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Inactive
Join Date: Aug 2008
Location: Liverpool
Services: VM XL TV with VM TiVo 1TB x 2 > VM XL BB > VM XL Telephone
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Re: Virgin should buy TiVo...
Quote:
Originally Posted by muppetman11
TiVo also saw further erosion in its subscriber base. In the most-recent quarter, the company lost 223,000 subscribers, compared with 131,000 lost a year earlier. Its total customer base is 21% smaller than it was a year earlier and stands at about two million.
223,000 customers is a lot of people when there subscriber base is now only 2 million.
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It is a big loss. Must be why TiVo is taking legal action against DISH etc.
---------- Post added at 20:20 ---------- Previous post was at 20:18 ----------
Quote:
Originally Posted by HDFootyMan
You would hope that with the various deals which TiVo have made with European Pay-TV platforms, they should get some money in.
On the flip side, they're being sued in the states by Microsoft, Motorola and Dish Network.
If - god forbid - TiVo went bust....what would happen to the development of VM TiVo?
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TiVo is suing Dish Network..
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02-03-2011, 21:24
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#8
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cf.mega poster
Join Date: Jun 2009
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Re: Virgin should buy TiVo...
Quote:
Originally Posted by HDFootyMan
On the flip side, they're being sued in the states by Microsoft, Motorola and Dish Network.
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This what i posted earlier:
Quote:
Originally Posted by devilincarnate
TiVo has said it will be entitled to about $300 million in
damages and contempt sanctions through July 1, 2009, and it will
seek more cash for infringement after that date. That’s in
addition to $100 million Dish paid TiVo after the original
appeals court ruling.
"Dish may have to pay TiVo more than $2 billion to settle
the case 2009-1374, according to Craig Moffett, an analyst at Sanford C.
Bernstein in New York. If Dish were required to silence all its
DVRs, it would face a worst-case cost of $3 billion, he said"
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02-03-2011, 21:25
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#9
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Inactive
Join Date: Mar 2010
Posts: 12,313
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Re: Virgin should buy TiVo...
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02-03-2011, 21:25
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#10
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Inactive
Join Date: Aug 2008
Location: Liverpool
Services: VM XL TV with VM TiVo 1TB x 2 > VM XL BB > VM XL Telephone
Posts: 8,384
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Re: Virgin should buy TiVo...
they are all suing each other by the looks of it
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02-03-2011, 21:26
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#11
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Inactive
Join Date: Jun 2004
Location: Coventry
Services: Virgin Media 1TB TiVo, 500Gb TiVo, TV XL, 60Mb Broadband, Phone
Posts: 1,508
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Re: Virgin should buy TiVo...
Quote:
Originally Posted by Digital Fanatic
TiVo is suing Dish Network..
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I stand corrected.
This is a good read:
http://www.canadianbusiness.com/mark...tent=D9LN588O2
Looks like the cases against Dish Network and Echostar will be key, TiVo seem confident of winning because their planning to invest in R & D.
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02-03-2011, 21:28
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#12
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Inactive
Join Date: Aug 2008
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Services: VM XL TV with VM TiVo 1TB x 2 > VM XL BB > VM XL Telephone
Posts: 8,384
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Re: Virgin should buy TiVo...
It would be awful if TiVo went bust, but in the US the insolvency laws are a lot better. Even Telewest and ntl: went bust all those years ago, but got Chapter11 protection.
I hope TiVo turn it around.
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02-03-2011, 21:28
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#13
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Inactive
Join Date: Feb 2011
Posts: 209
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Re: Virgin should buy TiVo...
Quote:
Originally Posted by Digital Fanatic
they are all suing each other by the looks of it 
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Not as bad as with Mobile Phones.
Look at this for who's suing who and for what
http://blog.mobiles.co.uk/wp-content...0/lawsuits.png
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02-03-2011, 21:28
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#14
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cf.mega poster
Join Date: Jun 2009
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Re: Virgin should buy TiVo...
Quote:
Originally Posted by muppetman11
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Did you check the date of the article as it says 4th of March 2010 and the one that i posted was today?
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02-03-2011, 21:29
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#15
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Inactive
Join Date: Mar 2010
Posts: 12,313
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Re: Virgin should buy TiVo...
Quote:
Originally Posted by Digital Fanatic
they are all suing each other by the looks of it 
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It sounds like the US version of Sky vs OFCOM LOL
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