[opendtv] TiVo Struggles to Find Its Niche After Quitting a Deal with Cable
- From: Monty Solomon <monty@xxxxxxxxxx>
- To: undisclosed-recipient: ;
- Date: Mon, 17 Jan 2005 18:57:49 -0500
TiVo Struggles to Find Its Niche After Quitting a Deal with Cable
January 17, 2005
By SAUL HANSELL
After months of hard bargaining, TiVo reached an agreement
last summer to offer its pioneering video recording system
to customers of the Comcast cable system, according to
several people involved in the discussions.
It was potentially a critical deal for TiVo, because
Comcast is by far the biggest cable system and also because
control of DirecTV, the satellite system that has been the
biggest distributor of TiVo, had been bought by the News
Corporation, which also owns a TiVo rival.
Yet, at the last minute, Michael Ramsay, TiVo's chief
executive, decided to pull out of the deal. Comcast was not
going to pay TiVo enough money or give it enough control
over its service, Mr. Ramsay told the company's board,
according to people involved in those discussions.
TiVo's board backed Mr. Ramsay, a brilliant and headstrong
Scottish engineer, who wanted to focus on new technologies
to attract customers directly - without distribution of the
service by cable or satellite TV companies. But a debate
about whether the company made the right choice raged in
its executive suite and boardroom.
...
http://www.nytimes.com/2005/01/17/technology/17tivo.html
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