DirecTV To Stop Marketing TiVo
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?