TiVo President Resigns

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TiVo President Resigns

TiVo President Marty Yudkovitz announced his resignation today, less than a month after Michael Ramsay stepped down as CEO. What does this mean for TiVo? Yudkovitz came on board in 2003 to help "build closer ties with major TV players." TiVo's schizophrenic role of trying to put people in control of TV while appeasing the TV networks has been criticized for not focusing on the features customers want, this may signal a turn-around for the company.

Thomas Hawk posts that the two recent departures don't bode well for the company as a whole:

To have a second high level executive, fresh after Ramsay's announced departure, leave the company as the stock has been under such pressure may be seen by some as further evidence of the rats jumping ship. On the other hand it certainly is possible that both Ramsay and Yuddovitz are being forced out by a Board that may be increasingly disappointed in company management -- particularly in light of the recent stock performance.

Yudkovitz was previously reported as saying "I have at least a dozen No. 1 priorities. But there is no priority more important than (landing a cable TV deal)," per TV Predictions. Most recently the New York Times reported on January 17th that while a deal had been in the works with cable giant Comcast it had ended when TiVo CEO Mike Ramsay decided to pull out of the deal. "Comcast was not going to pay TiVo enough money or give it enough control over its service, Mr. Ramsay told the company's board, according to people involved in those discussions."

by George Hotelling February 1, 2005 in TiVo

Comments

How can this conceivably be viewed negatively? Marty spent 2 years and didnt land 1 single distribution deal. His best effort appears to have been an economically unattractive, unquestionably prohibitively restrictive deal that would have significantly canibalized its long-term stand-alone business the same way that DirecTV has.
Id rather go out big trying to make an end around on the entire media industry than to limp along for a couple more years at best hampered by restrictive distribution deals that did nothing but place me at the mercy of monopolies and degradate the level of innovation and consumer experience.

Posted by: New York at Feb 2, 2005 9:13:03 PM

Who is the acting President?
Or, if no President, who is the CEO?
Name and Address, please
Thank you,

Posted by: Francine Zieverink, M. D. at Mar 3, 2006 8:46:27 PM

TiVo President Resigns

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