TiVo Continues to Bleed Subscribers

It’s a sad thought for TiVo fans, but the company is still struggling.

PC Magazine reports that TiVo announced a loss of $8.2 million for the company’s third quarter, plus a slip in the number of subscribed users:

“TiVo’s subscription numbers have slid slightly but steadily for several quarters; through the third quarter ended Oct. 31, cumulative total subscriptions were 4.1 million. During the second quarter, they were 4.2 million, down from 4.3 million in the fourth quarter and 4.4 million in the company’s fourth quarter ended Jan. 31, 2007.”

This comes as time-shifting DVR vendors such as TiVo, Sling Media and SageTV continue to roll out mobile options for watching recorded shows on the go.

TiVo Continues Losing Money, Subscribers [PC Magazine]