Cable TV
Tivo to travel wirelessly through Verizon deal
MUMBAI: American media firm Tivo, which works in the area of creating television services for digital video recorders (DVR) has announced a deal with Verizon Wireless.
The agreement will allow Verizon Wireless to debut Tivo Mobile, a new downloadable application that lets Tivo service subscribers schedule recordings on their TiVo device directly from their Get It Now equipped Verizon Wireless handset.
Tivo CEO Tom Rogers says, “This arrangement will allow the growing base of Tivo subscribers to integrate control of their TV life with the most widespread piece of consumer electronics, the wireless phone”.
TiVo Mobile is a new innovation that will allow TiVo subscribers to schedule DVR recordings and access related entertainment information from the convenience of their mobile handsets. Viewers will be able to schedule recordings on the go via the same user interface that makes TiVo the best-in-class DVR experience.
Verizon Wireless users will be able to download the application from the Verizon Wireless Get It Now suite of services onto applicable handsets. Verizon Wireless and TiVo will also collaborate on a joint marketing campaign to promote availability of the new TiVo Mobile feature.
Verizon Wireless chief marketing officer John Stratton says, “Tivo Mobile will add yet another unique benefit to the Verizon Wireless Get It Now service by allowing our subscribers to be the first mobile users anywhere to schedule television recordings on Tivo using their mobile handset. As a powerful consumer entertainment brand, Tivo has the ability to help us attract consumers who value the leading multimedia capabilities Verizon Wireless offers.”
MUMBAI: When margins wobble, liquidity talks and in Q3 FY25-26, cash did most of the talking. Den Networks Limited closed the December quarter with consolidated revenue of Rs.251 crore, marginally higher than the previous quarter but down 4 per cent year-on-year, even as profitability stayed resilient on the back of strong cash reserves and disciplined cost control.
Subscription income softened to Rs.98 crore, slipping 3 per cent sequentially and 14 per cent from last year, while placement and marketing income offered some cheer, rising 15 per cent quarter-on-quarter to Rs.148 crore. Total costs climbed faster than revenue, up 7 per cent QoQ to Rs.238 crore, driven largely by higher content costs and operating expenses. As a result, EBITDA dropped sharply to Rs.13 crore from Rs.19 crore in Q2 and Rs.28 crore a year ago, pulling margins down to 5 per cent.
Yet, the bottom line refused to blink. Profit after tax stood at Rs.40 crore, up 15 per cent sequentially and only marginally lower than last year’s Rs.42 crore. A healthy Rs.57 crore in other income helped cushion operating pressure, keeping profit before tax at Rs.48 crore, broadly stable quarter-on-quarter despite the tougher cost environment.
The real headline-grabber, however, sits on the balance sheet. The company remains debt-free, with cash and cash equivalents swelling to Rs.3,279 crore as of December 31, 2025. Net worth rose to Rs.3,748 crore, while online collections accounted for 97 per cent of total receipts, underscoring strong cash discipline across operations, including subsidiaries.
In short, while Q3 showed signs of operating strain, the financial backbone remains solid. With zero gross debt, steady profits and a formidable cash war chest, the company enters the next quarter with flexibility firmly on its side proving that in uncertain markets, balance sheet strength can be the best growth strategy.
