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>>> TiVo Announces Rollout of Dual Tuner <<<

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08-30-2001 09:58 PM

NoteTaker
Advanced Member

Registered: Feb 2001
Location: Allston,MA,USA
Posts: 3

TiVo Announces Rollout of Dual Tuner

"TiVo Announces Rollout of Dual Tuner

TiVo also announced the rollout of a major service upgrade that will allow subscribers to watch and record two shows at once. The easy-to-use dual tuner feature is available through a service update to all current subscribers with a DIRECTV Receiver with TiVo. All new DIRECTV TiVo combination receivers will be provided with the upgrade automatically after activation of their TiVo and DIRECTV services."
http://biz.yahoo.com/prnews/010830/sfth019.html

Had to fix the thread name. I had a feeling they would announce it today.

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[This message has been edited by NoteTaker (edited 08-30-2001).]

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08-30-2001 10:08 PM

NoteTaker
Advanced Member

Registered: Feb 2001
Location: Allston,MA,USA
Posts: 3

The CEO of TiVo will be on CNBC Friday at 10:50 AM EST.

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08-30-2001 10:25 PM

alexcue
Senior Member

Registered: Apr 2000
Location: Tujunga, CA
Posts: 257

I guess the lever has been thrown?

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08-30-2001 10:37 PM

SmokeBringer
Senior Member

Registered: Dec 2000
Location: Jamestown, RI
Posts: 4

Also noted rest of the financials. Burn rate down 40% which is significant. They make just make it in this racket after all!

What's that line from Major League? "Hey, Dose guys ain't so f***kin' bad!"

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08-30-2001 11:18 PM

Michael R
Major

Registered: Oct 2000
Location: Oklahoma
Posts: 123

"Revenue for the quarter increased 28% to $4.1 million, compared with $3.2 million for the three-month period ending April 30, 2001. Net loss for the quarter was $34.5 million, or $(0.82) per share, compared with a net loss of $50.2 million, or $(1.20) per share, in the first quarter."

Revenue 4.1 Loss 34.5. Hmmmmmmmm.

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08-30-2001 11:24 PM

SmokeBringer
Senior Member

Registered: Dec 2000
Location: Jamestown, RI
Posts: 4

Burn rate is falling sharply though, so hopefully big loss will diminish in the follow 3 or 4 quarters. If you want my guess (you'd be foolish if you did :-), I'd say if Tivo is still here this time next year, ther're here to stay.

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08-31-2001 01:06 AM

tivoreno
Member

Registered: Apr 2001
Location:
Posts: 17

quote:
Originally posted by NoteTaker:
All new DIRECTV TiVo combination receivers will be provided with the upgrade automatically after activation of their TiVo and DIRECTV services

Does this mean I get 2.5 when I activate my new hughes tomorrow?

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08-31-2001 01:30 AM

modnar
Senior Member

Registered: Oct 2000
Location: Conway, AR, USA
Posts: 263

quote:
Originally posted by smahon:
Does this mean I get 2.5 when I activate my new hughes tomorrow?

If the rollout has begun, you probably won't get it right away. The last rollout, which also went to Standalone recorders, took a couple months.

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08-31-2001 01:35 AM

Dan203
Cyn-er

Registered: Apr 2000
Location: Carson City, Nevada
Posts: 3744

quote:
Originally posted by smahon:
Does this mean I get 2.5 when I activate my new hughes tomorrow?

Nope! Current customers are given priority when a new software version is released. After all existing customers are upgraded then they throw the switch that makes it so all new customers get the upgrade immediately after installation.

So basically you'll be thrown into the mix of existing customers and chosen at random just like everyone else.

Dan

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08-31-2001 03:06 AM

Turner
Guest

Registered: Not Yet
Location:
Posts: N/A

Does one have to have DirecTV to be able to record two shows at once?

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08-31-2001 03:12 AM

unoriginal
$29.95

Registered: Apr 2001
Location: Concord New Hampshire
Posts: 314

quote:
Originally posted by Turner:
Does one have to have DirecTV to be able to record two shows at once?

Not only DirecTv, you also have to have a DTivo.

To answer your question, yes.

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[This message has been edited by unoriginal (edited 08-30-2001).]

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08-31-2001 03:37 AM

modnar
Senior Member

Registered: Oct 2000
Location: Conway, AR, USA
Posts: 263

Slashdot's picked up on the story: http://slashdot.org/article.pl?sid=...218&mode=thread

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08-31-2001 04:02 AM

NeZorf
Senior Member

Registered: Oct 2000
Location:
Posts: 73

On the look out for the /. effect. One link to AVS Tivo and it's over. =)

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08-31-2001 02:06 PM

interactiveTV
Senior Member

Registered: Jul 2000
Location: NYC
Posts: 460

quote:
Originally posted by SmokeBringer:
Burn rate is falling sharply though, so hopefully big loss will diminish in the follow 3 or 4 quarters.

Anyone have the financial statements?

As I recall, Tivo did a series of layoffs last quarter. That would reduce burn but would not be an on-going reduction. The one-time reduction would be "permanent" so to speak as those salaries come off the SG&A, but you can't continue to reduce your burn rate that way -- you would end up with no employees!

I'm just trying to figure out how much of the reduction was due to "one-time" actions and how much was actually operational and business model changes. It is important.

_ITV

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