According to TiVo’s Chief Financial Officer (David Courtney), the relationship between TiVo and DirecTV remains solid.
Executives at DirecTV “have not given any indication that they expect to change course,” he told attendees at a Morgan Stanley conference in California.
This is great news for TiVo. A large percentage of new subscribers come from the DirecTV partnership. There will be some major problems if DirecTV decides to go ahead with their own DVR. I guess we’ll have to wait and see what happens.
On a side note, Courtney also mentioned the much anticipated partnership between Netflix and TiVo. Here’s what he said:
We certainly do know them…and have had discussions with them about opportunities to work together,” he said, but “there is no agreement announced.”
Based on that statement, it looks as though it might be awhile before the partnership is announced…
DirecTV Still Our Buddy Says Tivo
TivoBlog.com has the scoop on what David Courtney, CFO of Tivo told investors at a recent Morgan Stanley Conference. He was quoted as saying: “[Execs at DirecTV] have not given any indication that they expect to change course” Here’s the…
DirecTV Still Our Buddy Says Tivo
TivoBlog.com has the scoop on what David Courtney, CFO of Tivo told investors at a recent Morgan Stanley Conference. He was quoted as saying: “[Execs at DirecTV] have not given any indication that they expect to change course” Here’s the…
[...] If you follow TiVo news like I do, you probably already know that this really isn’t news. After all, DirecTV hinted at this back in November or even September of 2004. That being said, I’m a little surprised by how the market has reacted to the news. It’s almost as if Wall Street has a memory span of less of a one year old. Why has Wall Street reacted so dramatically to this news when the actual news occurred almost a year ago? Am I the only one who thinks TiVo can survive without DirecTV? Yes, DirecTV provides a lot of subscribers however; lets not forget the fact that TiVo recently established an agreement with Comcast and the National Cable Television Cooperative. [...]