Last week I wrote about how the investment world is changing due to the new media and probably bored you to death. Last Wednesdays earnings report and follow-up conference call by TiVo (ticker TIVO) just is another demonstration of the new media changes. TiVo in fact has changed the way we watch TV. It is a product that if you don't use it now in some form you will in the near future.
Here's the high points of the conference call: earnings up 20% due to increased subscription, renewed partnership with DirectTV, TiVo won it's patent-infringement case against EchoStar and best of all, due to the EchoStar case, competing companies like Cisco must pay TiVo for every knock off copy of the TiVo box and Tivo software.... life is good if you're Tivo. Think like Microsoft, a good revenue stream into the future because of software and systems royalties. It gets even better because of this customer acquisition cost go way down and margins go up and profits should be somewhere in the middle.
So here's my point, keeping with my other post, CBS in ten year will be stagnate because they are not a part of the new media. While TiVo has developed a method of growth being the new media.
Did you TiVo CSI? Desperate housewives? How about American Idol?