TiVo makes a profit for the first time

TiVo, a pioneer in the field of digital
video recorder (DVR), was able to increase its sales in the 2nd quarter for the first time in the company's history.
recorded a slight profit. 10.8 million in the previous year.
dollars, the US company has now achieved a net profit of
240,000 dollars. However, this is no reason to get stuck in the black.
to get used to, says CEO Tom Rogers, because the growing competition in the
DVR market is causing the company problems. With the sale of its own
devices, TiVo only made 4.6 million dollars, compared with
18.6 million dollars. However, the company was able to
Service and Technology division increased sales by 46 % to 40.7 million
dollars. TiVo now has a total of 3.6 million subscribers,
2.3 million from the partnership with DirecTV
come. However, this cooperation has been somewhat clouded since DirecTV
has announced that it will no longer offer TiVo devices in future. Rogers wants to
therefore invest proactively in marketing and increasingly seek its own
Recruit subscribers.