But it's still not clear when any of TiVo's various cable partners will take advantage of it and offer it to their customers.
In May, TiVo announced it would offer Stream via retail and through "select" cable partners. The retail launch is Sept. 6, but, so far, no MSOs have revealed any specific plans to sell or lease them.
Suddenlink Communications declined to say anything about its plans for Stream. RCN Corp. , another of TiVo's key U.S. cable partners, hasn't decided, but wants to make a decision fairly soon.
RCN VP of Engineering and Operations Jason Nealis tells Light Reading Cable via email that he tried out the newest version of Stream this week in Chicago, and thinks it's "one sexy little device. ... The integration into the app and the intuitive manner in which you can interact with it is awesome."
But he's still considering how RCN might offer and support Stream as the operator wraps up some other upgrades to the TiVo platform it has in the field now. But it appears that he's leaning toward a lease option.
"I would imagine if we do offer it, we would probably NOT allow the retail [version] to work off the RCN TiVo. I would want some control on the solution if it's going to be interacting in that manner with the RCN TiVo," he explained on the Broadband Reports message board.
Oh, and Stream wasn't the only news to come out of TiVo this week. It reported earnings Wednesday afternoon. Some highlights:
- TiVo added 230,000 net subs, with its partnership with U.K. MSO Virgin Media Inc. (Nasdaq: VMED) playing a big part in that.
- But it was not enough to get it out of the red, as TiVo posted a net loss of $27.7 million on revenues of $65.3 million, up 7 percent versus the year-ago quarter.
- And expect more losses going forward. TiVo expects legal fees to have a "significant impact" on earnings in the current quarter as it gets ready to lawyer up for its patent squabble with Verizon Communications Inc. (NYSE: VZ). (See TiVo Suit Targets AT&T & Verizon and AT&T to Pay TiVo $215M-Plus to Settle DVR Fight.)
— Jeff Baumgartner, Site Editor, Light Reading Cable