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TiVo Inc.

August 26, 2011

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Digital-video recorder company TiVo reported a smaller second-quarter loss than anticipated, helped by an increase in subscribers. Its net loss was $19.6 million, or 17 cents a share, up from $15.3 million, or 13 cents, a year ago. Analysts expected a 20-cent loss. TiVo increased sales by selling directly to cable and satellite firms. It enrolled 10,000 subscribers, compared with a loss of 77,000 users a year ago.