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TiVo slump accelerates, kicks review can further down the road

Even by its own recent standards TiVo’s 2018 results contain little to cheer about beyond some welcome contract renewals from big customers like Verizon and Sky Mexico. It is almost a decade since TiVo was regularly feted as the original disruptive pioneer of DVR, with a high-water mark coming in 2010 when Virgin Media in the UK, now part of Liberty Global, signed the firm as its supplier of advanced set tops for integrating OTT with broadcast content. More recently the acquisition by Rovi for $1.1 billion that closed in September 2016 also provided a lift, especially as TiVo’s brand was considered the stronger and so retained as the combined group’s trading name. But the stock value has tracked downwards…

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