TiVo slams rivals, anticipates Cloud storage
TiVo’s CEO Tom Rogers has slammed his major rivals (Dish, DirecTV and some major cable MSOs) as providing second-rate digital video recorders. He accused them of not being “leading innovators”. Rogers was speaking at a Goldman Sachs media conference in New York.
He said that while some of the US giants have the scale and ability to afford R&D “it may not be in their DNA to actually be leading innovators.” He said that some Tier 2 cable players needed a company such as TiVo to do the R&D work for them and “we’ve become the leading company [in that area].”
Asked by the investment bankers what shape TiVo’s business might be in, in five years time, Rogers said: “There are still going to be devices in the home. Things will increasingly move to the cloud, as the TiVo services [do] today, but the fact is you’re going to need some kind of hardware. I don’t think everything is going to attach to a television set, I don’t think that’s in the operator’s interest.”