TiVo Wins Deal with Comcast, Stock Jumps
Tue Mar 15, 3:35 PM ET
Technology - Reuters
By Franklin Paul
NEW YORK (Reuters) - "TiVo (news - web sites) Inc. on Tuesday won a contract to supply its digital video recording technology to No. 1 cable television operator Comcast Corp., in a deal that could dramatically boost TiVo's distribution and quiet doubts about its future. "
The battle between Personal Video Recorders and standalone Consumer Electronics (CE) products like Tivo continues. Tivo has had a hard time getting more subscribers lately. This deal with Comcast, the largest U.S. cable TV provider, gives Tivo a huge distribution channel.
Peter S. Kastner
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