U.S. digital video recording technology company TiVo Inc reported its fifth consecutive quarterly loss as the pace at which it added subscribers slowed, and said it remains confident it will prevail in a patent battle with Dish Network.
Chief Executive Tom Rogers said TiVo had been "running very dry" on its old set-top boxes and inventory was running low, which affected subscriptions in the first two months of the first quarter.
Reason for it's downturn? Me-too products that have come along
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