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TiVo losses narrow

TiVoTiVo is on a roll. The company's partnership with Amazon went live today, and then the company goes on to its financial data -- showing narrower losses than analysts had expected.

TiVo reported $18.7 million in losses during the 4th quarter of 2006. During the same period last year TiVo lost $21.1 million.

TiVo also showed a small increase in its subscriber base, with a total of 4.4 million customers. With TiVo rolling out partnerships with Comcast and Earthlink later this year, it's likely that subscriber base could continue to rise, meaning that TiVo is off to the start of another year in which the company isn't made obsolete by generic cable company PVRs.

TiVo shares rose 20 cents to close at $6.14 today.

It really pays to run Disney

An article in the LA Times details just how much cash the two head honchos at Disney are raking in these days. Be prepared: you may turn green with envy. Or, just at the thought of all that money. Chief Executive Robert Iger got a 33% raise when he took over in October, bringing his annual income to $2 million. Wait. There's much, much more. If Disney does well, he will get to enjoy a $7.25 million bonus (whose bonus is nearly four times their annual salary???). He also received 500,000 shares of restricted stock. Restricted? I guess that means he can't sink it into Pixar, eh? Michael Eisner, on the other hand, earned $1 million in regular salary, plus a $9.1 million bonus. That's nowhere near the income he got in 1998 when he exercised some stock options that had been accumulating for years, and made $576 million. Eisner retired on September 30th but he will continue to received bonuses in the sum of $7.5 million through September of 2007. But don't worry about Michael Eisner. He'll be okay. He has a job at CNBC.

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