Home page
#1 Brand names
Information about KCAL 9 brand name. This is a page presenting information about KCAL 9 brand name on Visiobrand - the biggest brand directory in the Internet. Visiobrand has selected KCAL 9 brand name and registered KCAL 9 links manually in its directory. All the information about KCAL 9 presented on the Visiobrand site is only verified information from the official KCAL 9 source.

This is the VisioBrand's cache of http://kcal9.com/finance/CA--TiVo-President-kf/resources_news_html. The page may have been changed since the time we've created the cache.
Click here for the current version of the page.

Please also find related categories of brand names on VisioBrand catalogue:
News (153)
Sport TV (27)
Membership
VisioBrand has a free membership account where you can take advantages of special services such as adding KCAL 9 brand name to your favourite brands list to be able to quickly find them and learn what’s new.

Submit information on KCAL 9 If you want us to feature some special links to KCAL 9 official site, please contact us.

VisioBrand - Official Site - KCAL 9




TiVo president resigns

Tuesday February 01, 2005
By MAY WONG
Associated Press Writer

SAN JOSE, Calif. (AP) TiVo Inc. said Tuesday that Marty Yudkovitz has resigned as president, marking the second major change in as many weeks in the executive ranks at the embattled digital video recording company.

Monday's resignation of Yudkovitz, an NBC executive who joined TiVo in May 2003, comes two weeks after chief executive Mike Ramsay said he would be stepping down from the helm as soon as a replacement is found.

Yudkovitz, who said he was leaving for personal reasons, will remain on for a period of time as a consultant for certain matters, the company said. There are no immediate plans to replace Yudkovitz, Ramsay said.

Alviso-based TiVo, founded in 1997 by Ramsay and Jim Barton, the company's chief technology officer, helped introduce digital video recorders to consumers in 1999, and has since become the industry's leading brand name.

But others are fast encroaching, namely cable and satellite operators that are introducing their own digital recording features in their set-top boxes. Digital video recording also is being built into media-oriented computers and other consumer electronics devices, such as DVD recorders. Some televisions also include the technology.

The number of TiVo subscribers has steadily grown, with the company accounting for about a third of the estimated 6.5 million of the nation's households that have DVRs. But TiVo has not yet reached sustained profitability and hopes to do so by the end of 2005.

Yudkovitz is a 20-year television industry veteran who played a key role in creating CNBC and MSNBC, which are owned by General Electric Co. He was recruited by TiVo to help build closer ties with Hollywood, which has largely been rankled by copyright concerns stemming from digital video recording.

The technology lets television viewers record shows to a hard drive, fast forward through commercials and pause live TV.

During his tenure, Yudkovitz spoke about new ways advertisements could be integrated into a television world of mostly ad-skipping viewers. He also helped build TiVo's fledgling business of audience measurement, in which the company would sell data indicating how TiVo users were watching TV, Ramsay said in an interview.

Ramsay, who will remain as chairman of the board after his own successor is found, said Yudkovitz's resignation would not affect the company's plans or new strategies.

Yudkovitz said in a statement that he chose a ``logical time'' to resign and spend more time with his family, in part citing his commute between the East and West coasts.

Analysts say the dual executive departures reflect the difficult phase TiVo faces as it tries to reshape itself and grow amid stiffening competition from deep-pocketed rivals.

``It looks like both the CEO and president are saying, 'We've taken the company as far as we can, and let's find somebody who can take TiVo to the next level,''' said April Horace, an analyst at Janco Partners Inc.

Failing to win major distribution partners in the cable industry and having lost its exclusive digital recording supplier stance with satellite provider DirecTV, TiVo is seeking to raise the profile of its independent ``standalone'' products.

It lowered the price on a unit to $99 last year and allocated $50 million for marketing and advertising. Last month, the company introduced TiVoToGo, a long-awaited service feature that lets subscribers transfer programs from their TiVo units to their computers. The company also announced plans for a new unit that will use a cable card, which will eliminate the need for an additional cable set-top box.

On Monday, the company said it will invite third-party developers to create software for TiVo users, hoping to draw an expanded set of media applications, such as music and photo services, even video games.

Shares of TiVo fell 14 cents, or 3.5 percent, to $3.87 in midday trading Tuesday on the Nasdaq. The stock has dropped by more than 65 percent from a 52-week high of $12.94 back in March.


In the interest of timeliness, this story is fed directly from the newswire and may contain occasional typographical errors.

More Articles
  • For Wednesday AMs
  • TiVo president resigns
  • Libel allegations cost Schwarzenegger campaign $500,000 last year
  • Appeal planned in Winnie the Pooh royalty case
  • Company recalls portabella mushroom ravioli with lobster



  • 9 VIDEO ONLINE 

    Viacom Local Networks | Zope Corp.
    Video Streaming by DayPort
    © MMV, Viacom Television Stations Group of Los Angeles LLC
    All Rights Reserved

     SEEN ON 9
    Looking for something you saw on KCAL 9 News? Check here ...