News Brief

Investors Rewind TiVo Shares Amid Concerns Over DirecTV Deal

Jul 25, 2005, 8:15 AM
  • Comment
  • Recommend
Subscribe to MediaDailyNews

Tags

Investors hit the rewind button on TiVo's stock Friday after a top Wall Street securities firm issued a report downgrading its stock due to concerns that DirecTV would soon shift to a different supplier to provide digital video recorders to DirecTV subscribers. The report by JP Morgan analyst Barton Crockett implied that TiVo was in jeopardy due to a plan by News Corp., which controls DirecTV, to begin using DVRs supplied by another company controlled by DirecTV. -- J.M.

Be the first to comment on "Investors Rewind TiVo Shares Amid Concerns Over DirecTV Deal"

Leave a Comment

Sign in to leave a comment. Don't have an account? Join Now

Recent MediaDailyNews Articles

>> MediaDailyNews Archives