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Watch TiVo evolve with the industry, CEO says

January 24th, 2008 · No Comments

Watch TiVo evolve with the industry, CEO says - The Los Angeles Times

TiVo Inc. is more famous than it is rich.

The Alviso, Calif., company is best known for its pioneering device that lets television viewers record, pause and rewind live TV shows.

But despite its watershed technology and near household-name recognition, TiVo has struggled to make money, posting only two profitable quarters since its founding in 1997. Its subscriber base has slipped to 4.1 million from 4.5 million in 2006.

Since Chief Executive Thomas S. Rogers took the reins from TiVo co-founder Mike Ramsay in 2005, the company has forged partnerships to help it survive and thrive.

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