TiVo CFO to Resign

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TiVo Inc. said Friday that executive vice president and chief financial officer David Courtney will resign from the company early next year.

Courtney’s exit follows the appointment in June of former NBC Cable and Primedia Inc. chief Tom Rogers as TiVo CEO.

Courtney’s focus at TiVo was to sell the company’s digital-video recorders as stand-alone hardware and to charge monthly subscription fees of $12.95 for the service.

Since taking the helm at TiVo, Rogers has focused more on cutting deals with cable MSOs to market TiVo service to their DVRs, including an agreement with Comcast Corp., which plans to roll out a TiVo-branded DVR service as a premium option in 2006.

Shares in TiVo closed at $5.48 each Friday, down 13 cents.

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