TiVo dented by DirecTV move

[SatelliteGuys Reporter]

TiVo shares slipped 6 percent on Monday after a rival recording device maker said it would start supplying technology next year to DirecTV Group a satellite TV company that is TiVo's biggest source of new customers. NDS Group a British digital TV technology company said on Monday that it plans to ship digital video recorder technology to DirecTV in the first quarter of 2005.

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