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• DirecTV loves TiVo again

  Posted Sep 03 2008, 10:41 AM by Kim Peterson
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  Filed under: EchoStar, DirecTV, Tivo
  Money Blog: Top Stocks Blog - MSN Money

  TiVo has been racking up some big-name partnerships lately, and today's announcement with DirecTV is icing on the cake. TiVo is creating a new high-definition DVR for DirecTV customers, and plans to launch it in the second half of next year.

  DirecTV will still have its own line of set-top boxes. But the company will market and sell the new DVR to customers who want TiVo service as well. This has got to be particularly gratifying for TiVo because the two companies went through a public breakup that DirecTV customers still cry over   Read More...

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• Tough day for EchoStar

  Posted Nov 12 2007, 12:18 PM by Kim Peterson
  Filed under: EchoStar, DirecTV
  Money Blog: Top Stocks Blog - MSN Money

  Little by little, we're starting to see how tech companies are getting hit by the sub-prime mortgage crisis. The latest victim is EchoStar, who said in an SEC filing that it's not getting as many new subscribers to its DISH Network. The company is blaming the "deteriorating housing market and increased mortgage defaults," among several reasons. EchoStar shares are getting hammered today, falling nearly 14%.

  The numbers are pretty bad. Net new subscribers for the third quarter plummeted 63% from last year to 295,000. Subscriber churn rose to 1.94% from 1.76%. EchoStar again blamed "adverse economic conditions" as one of the factors. 

  That churn was churning Todd Mitchell's stomach. The Kaufman Brothers analyst called it a "red flag that slower growth was due to more than just a pullback in spending."    Read More...

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