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Another TiVo service no one wants

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TiVo (NASDAQ: TIVO) was once the leader in the digital video recorders for TVs business. The cable companies have most of that market now and TiVo struggles to find a place in the consumer electronics world. In 2004, its shares traded above $12. They have never gotten back there and now change hands around $7.

So to give itself a legitimate place in the world, TiVo keeps coming up with new services. The latest one may be more useless than most. According to The Wall Street Journal, "TiVo Inc. and Nero AG of Germany are expected to announce Monday that they will be launching a package that turns a Windows PC into a TV recorder, just like a TiVo set-top box."

That would be the same PC that can get movies and TV shows from illegal file-sharing services. It would be the same PC that can download video from services like Hulu, and the same PC that allows consumers to get movies over IP from NetFlix (NASDAQ: NFLX).

The market for getting movies and TV shows onto PCs and portable devices is so crowded that even some of the largest content providers and consumer electronics firms may be pushed out of it.

TiVo is too small and too late to the game to have anything to offer.

Douglas A McIntyre is an editor at 247wallst.com.

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Last updated: November 09, 2009: 01:52 AM

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