TiVo Narrows 4Q Loss

Mar 3, 2009  •  Post A Comment

TiVo’s fourth-quarter loss narrowed after trimming jobs and marketing spending, Bloomberg News reports. The Alviso, Calif.-based company lost $3.57 million, compared with a year-earlier loss of $6.4 million, while sales declined 20 percent to $59.2 million, the news service says. Subscribers dropped to 3.34 million from 3.95 million, Bloomberg says.
—Aimee Picchi

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