In case you haven’t heard, DirecTV has said that they will no longer market TiVo DVRs. Instead, they plan on pushing their own DVR.
If you follow TiVo news like I do, you probably already know that this really isn’t news. After all, DirecTV hinted at this back in November or even September of 2004. That being said, I’m a little surprised by how the stock market has reacted. It’s almost as if Wall Street has a memory span of a one year old. Why has Wall Street reacted so dramatically to this news when the actual news occurred almost a year ago?
Am I the only person who thinks TiVo can survive without DirecTV? Yes, DirecTV provides a lot of subscribers however; lets not forget the fact that TiVo recently established an agreement with Comcast and the National Cable Television Cooperative.
Is this another case of Wall Street overreacting or am I just being too optimistic?