TiVo Surpasses 5.1 Million Subs

[dfergie]

Fueled by MSO growth, including solid gains among North American cable operators, TiVo surpassed the 5 million subscriber mark in its fiscal third quarter, and posted net revenue of $118.4 million, a record for the company.

TiVo added 328,000 total subscribers in the quarter, up 32% from the 274,000 added in the year-ago quarter, extending its grand total to 5.1 million (4.2 million with MSOs, and 928,000 TiVo-owned subs). For the quarter, ended October 31, TiVo, added 337,000 subs through its MSO partnerships, and lost a net 9,000 TiVo owned subs, narrowed from a year-ago net loss of 21,000 in the category.

multichannel.com

 

[Stargazer]

My math is $24 net profit per subscriber. That sounds high. Perhaps settlements for infringement?

 

[navychop]

Cord cutters are ALMOST making the TiVO business plan viable.

 

[Mr Tony]

love my Tivo!

 

[mike123abc]

Cord cutters are ALMOST making the TiVO business plan viable.

Except that non cable TiVos dropped by 9000 subs last quarter... They are getting all their additions via cable company boxes.

 

[Stargazer]

The cord cutters not only wanted to save on the tv service but also on the dvr cost as well.