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TiVo Pauses Research, Earns Profit

May 29, 2008  •  Post A Comment

TiVo reported that its first-quarter net income more than quadrupled as cost for marketing and research declined, the Associated Press reports. The digital video recorder pioneer racked up earnings of $3.6 million, compared to $835,000, despite a drop in total subscribers to 3.8 million from 4.3 million a year ago.

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