Netflix TiVo Leave Viewers Hanging

[SatelliteGuys Reporter]

PM EDT Netflix Nasdaq and TiVo Nasdaq jumped Friday as two wheezing tech favorites formalized their video-on-demand partnership. Netflix jumped 8 and TiVo rose 4 in midday trading after the two companies said late Thursday that they had formed a joint development agreement. The move came about a month after Newsweek reported the linkup in the once-beloved stocks that has mostly dissipated.

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