TiVo Hits Subscriber Milestone

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TiVo Inc. finally broke the 500,000-subscriber mark, ending the third quarter
with 510,000 customers.

The digital-video-recorder company also predicted that it will pick up
450,000 to 600,000 subscribers in fiscal-year 2004.

TiVo narrowed its net loss for the third quarter to $11.5 million (23 cents
per share), compared with a loss of $34.5 million (81 cents) this time last
year.

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