TiVo restructuring to have no effect on retailers, consumers or future: CEO

By Patrick Avenell

SYDNEY, NSW: The longterm future of TiVo in Australia is assured despite licensee Hybrid TV recently restructuring its workforce, according to CEO Robbee Minicola.

Speaking to Current.com.au this morning, Minicola confirmed that there had been some redundancies as part of this restructuring process. Minicola was adamant, however, that this process will have no effect on TiVo’s retail partners or its consumers.

“We have restructured the business, but it’s not a doom and gloom story,” Minicola said. “The industry has suffered with sales in the last four months, especially August and September… but we are not operating on a shoestring.”

As evidence of Hybrid TV’s commitment to longterm sustainability, Minicola said executives from TiVo, Inc., the American owner of the TiVo brand, would be visiting the Australian offices next week to discuss the next phase of TiVo’s product and service offering in Australia and New Zealand.

“The Seven Media Group and Television New Zealand are committed, as is TiVo, Inc., to making sure TiVo is alive and well in Australia and New Zealand, there is no change to that.”

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