|TIVO CEO steps down as company reshapes to fend off competition
|Posted by: AceBHound on Jan 13th, 2005 12:47 PM
|Tivo's CEO Mike Ramsay announced he will be remaining board chairman, but stepping down as CEO. It's not really certain what this means for the company's future as cable providers are quickly catching up to the types of service Tivo cornered the market on for so long. I've been a Tivo user for about 6 months now and have been pretty happy with the service.. so I'm hoping for the best.
The announcement comes one week after the company had both shining and dampening moments.
TiVo unveiled details of how it plans to take its digital video recording services beyond the basic set-top-box onto other devices and to help deliver Internet-based video content. Its new TiVoToGo service feature was highlighted by Bill Gates, chairman of Microsoft Corp., which has agreed to support TiVo-recorded television programming on its portable media players.
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