Partially thanks to recent litigation settlements, TiVo posted a net income of $268.9mln in 2Q, compared to a net loss of $27.7mln in the same quarter last year. The quarter marked the highest revenue and highest profit ever, and was a departure from the losses primarily recorded over the past few years. Litigation settlements and increased growth in the MSO subscription base are behind the profits. Read on for more on TiVo’s financials and its strategy toward working with operators moving forward.
More top stories in today’s CableFAX Daily:
Time Warner Cable became the 3rd major pay-TV provider to offer TV content on Xbox. Here’s what is available and how it compares to other MVPD offerings.
Cox and Time Warner Cable will be making Pac-12 Nets available in additional markets.
DISH is linking up with NCC Media, combining ad impressions in more than 3mln additional DISH homes.