TiVo’s stock was up over 10% today, supposedly as a result of a Q&A session that TiVo’s CEO, Tom Rogers, had with Bear Stearns.
According to the Hollywood Reporter, Rogers spoke at length about TiVo’s big win in the Echostar trial, expressing surprise that the impact of the legal win wasn’t being respected on Wall Street.
Rogers also supposedly spoke briefly about the meaning of Rupert Murdoch’s sale of a large stake in DIRECTV to Liberty Media. As we reported last year, this ownership change is a positive for TiVo, but no one at TiVo is really saying much.
In this latest Rogers interview, he said there is a “cleaner, clearer path” to a renewed relationship between TiVo and DIRECTV, but evidently didn’t clarify what exactly that meant.
I cannot tell you how many calls we get daily from DIRECTV customers wanting a viable HD solution for DIRECTV. Not sure if there is more hope now that the Liberty deal is through, but it surely isn’t a bad thing for TiVo that Murdoch, for the most part, is out of the picture. We all have our fingers crossed.