Thursday, February 27, 2014

UPDATE 1-TiVo beats on sales, sees gains from Comcast-Time Warner deal

<p>Feb 26 (Reuters) - Digital video recorder maker TiVo Inc reported a better-than-expected 20 percent rise inquarterly revenue and said it expects to benefit from ComcastCorp's $45.2 billion acquisition of Time Warner Cable.</p><p>The deal will give Comcast, a key cable customer of TiVo,access to 19 of the 20 largest U.S. TV markets and is widelyexpected to reshape the country's pay TV and broadband markets.</p><p>TiVo also said Comcast plans to expand the integration ofXfinity On Demand, the cable company's digital store of moviesand TV shows, on TiVo's set-top boxes to its entire market.</p><p>"To the extent (the expansion) continues to apply to thedigital markets that Comcast may acquire, we certainly look atthat as a potential benefit," Chief Executive Tom Rogers toldReuters.</p><p><a href="http://www.reuters.com/article/2014/02/26/tivo-results-idUSL3N0LV50S20140226">Keep reading...</a></p>

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