One stockholder’s take… In its Q4 earnings release last week, TiVo stated that its churn had increased to 1.2%/month, up from about 0.9%. We took a closer look at this number and found some interesting results. When we did our financial analysis for ZNF in December, we devoted Appendix A to deriving real churn numbers … Continue reading TiVo’s Churn: A Closer Look