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| DIRECTV to Buy TiVo? http://www.fta-n-more.net/forum/viewtopic.php?f=8&t=202 |
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| Author: | Prodigy [ Thu Jun 17, 2010 11:07 pm ] |
| Post subject: | DIRECTV to Buy TiVo? |
Washington, D.C. (June 15, 2010) -- TiVo's stock jumped more than 5 percent yesterday after rumors circulated that DIRECTV may be interested in buying the DVR company, Zacks.com notes. The DVR company has been the subject of takeover rumors in recent weeks, but by DIRECTV rival, Dish Network, with which it's engaged in a years-long patent dispute. If DIRECTV bought TiVo, it could use the company's patent portfolio as a weapon in its competition against cable, telco and satellite providers. For instance, if TiVo ultimately wins its patent fight against Dish Network, the satcaster would be liable for hundreds of millions of dollars in damages and possibly be forced to disable its subscribers' DVRs. For TiVo, the purchase would guarantee a reliable marketing and distribution partner for its DVR software. DIRECTV has agreed to license TiVo's software, but has been slow to roll out the service to its subscribers. TiVo has struggled to generate new subscribers over the last several years, dropping nearly 50 percent of its subscriber base since 2006. Zacks.com reports that no "concrete information" was available from either TiVo or DIRECTV on the rumor. |
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