Earnings: Tivo’s Losses Narrow; New Pricing Structure

TiVo posted a narrower quarterly loss on higher revenue and outlined a new pricing structure aimed at attracting customers with plans that bundle equipment with service. It Q4 net loss was $19.5 million compared with a loss of $33.7 million a year ago. Net revenue was $60.1 million versus $59.4 million.

On new pricing, the new plans will eliminate upfront hardware costs to customers and be based on one-, two-, or three-year commitments. One year of service will cost $19.95 a month, or $224 on a prepaid basis; two years will cost $18.95 monthly or $369 prepaid; and three years will cost $16.95 monthly or $469 prepaid.

More details on this and earnings in the conference call, whose transcript is here

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