TiVo F3Q07 (Qtr End 10/31/07) Earnings Call Transcript

Nov. 28, 2007 9:10 PM ETTiVo Corporation (TIVO)
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TiVo Inc. (NASDAQ:TIVO) F3Q07 Earnings Call November 28, 2007 5:00 PM ET


Derrick Nueman - Director, Investor Relations

Thomas S. Rogers - President, Chief Executive Officer,Director

Cal R. Hoagland - Interim Chief Financial Officer

Matthew Zinn - General Counsel


Tony Wibel - Citigroup

Ingrid Ebeling - JMP Securities

Mike Olson - Piper Jaffray

Dan Ernst - Hudson Square Research

Todd Mitchell - Kaufman Brothers

Kunal Madhukar - Bear Stearns

Lee Westerfield - BMO Capital Markets

Barton Crockett - J.P. Morgan

Alan Gould - Natexis Bleichroeder


Welcome to the TiVo fiscal Q3 2008 earnings conference call.Today’s conference is being recorded. Now at this time I would like to turn theconference over to the director of investor relations, Derrick Nueman. Mr.Nueman, please go ahead.

Derrick Nueman

Thank you and good afternoon. I’m Derrick Nueman, TiVo'shead of investor relations. With me today are Tom Rogers, CEO; Cal Hoagland,Interim CFO. We are here to discuss TiVo's financial results for the periodending October 31, 2007, which is our third quarter of fiscal year 2008.

About 30 minutes ago we distributed a press release and 8-Kdetailing our financial results. We have also released a financial and keymetric summary which is posted on our investor relations website. Additionally,within a few hours we will release a recording of this call that you can accessthrough our investor relations section of our website.

The prepared remarks today will last about 30 minutes andwill be followed by a question-and-answer session.

Before we begin, I would like to note that our discussiontoday will include forward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995 that relate to TiVo's futureprofitability and financial guidance, TiVo's ability to get closer to adjustedEBITDA break-even for fiscal year 2008, distribution of the TiVo service withComcast, Cablevision Mexico, Nero, Windstream, and in Canada, growth andinnovation in TiVo's advertising and audience

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