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  • War of the Worlds

    • 10 out of 10
    • Jeff Wayne
    • With the new movie adaptation of H.G Wells' classic Sci Fi invasion tale, War of the Worlds, currently on theater screens everywhere, there's new interest in Jeff Wayne's rock opera version, and it is
  • Playing the Angel

    • 8 out of 10
    • Depeche Mode
    • Oddly enough, Playing The Angel is a return to form for Depeche Mode, even though it may well be argued that they never truly deviated from their roots in their more recent offerings. In the

  • Another Day on Earth

    • 10 out of 10
    • Brian Eno
    • In his first proper solo release since 1996's relatively cold "The Drop," Brian Eno has constructed a whimsical and ecclectic masterpiece which is arguably one of the year's strongest records thus fa
  • Pretty Hate Machine

    • 8 out of 10
    • Nine Inch Nails
    • For years I wanted to make music that sounded like something between Love and Rockets and Ministry. In 1989, Trent Reznor beat me to it with this genre-defining album, and it smacked me upside the hea
  • Every Day: The Best of the Verve Years

    • 8 out of 10
    • Joe Williams
    • Joe Williams was Figure Two in my three-man education in singing. A brilliant vocalist, scatter, and interpreter of jazz and blues, Williams produces music that's totally unique, yet sounds so effortl

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News

TiVo Taken by Surprise in HDTV Growth

TiVo lost 145,000 subscribers from its base of 4.2 million, took a US$11.2M write down and CEO Tom Rogers told analysts that the growth of HDTV surprised TiVo, according to USA Today on Wednesday.

"We’re at a turning point in the retail environment," CEO Tom Rogers told analysts. HDTV growth "progressed at a pace that surprised many in the industry, including us."

The last quarter saw a decline in TiVo’s most profitable source: direct subscriptions. About 2.5 million TiVo subscribers still subscribe via DirectTV. When DirecTV introduced its own DVR, and dropped the TiVo unit, some subscribers were annoyed. Currently, satellite TV customers cannot use a TiVo to program unattended channel changes for recording.

Even though Mr. Rogers was enthusiastic about new deals TiVo has struck with Comcast and Cox in the northeast, investors are worried that TiVo cannot compete as Cable and satellite carriers have introduced their own integrated HD DVRs. TiVo was hurt by its delay in shipping a lower cost High Definition TiVo unit while consumers switched rapidly to HDTV in 2007.

Customers are finding it increasingly difficult to obtain set top boxes that don’t have integrated DVRs."That battle for a media hub device in the living room is heating up," said Brian Coyne of Friedman Billings Ramsey.

TiVo’s stock was down more than 4 percent after posting a US$17.7M loss for the last quarter.

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