Date: 28th November 2000
ReplayTV Inc., one of two leading marketers of personal video recorders (the other is TiVo Inc.), which allow viewers to watch their favorite programs "on demand," said Monday that it will quit selling its devices to consumers. Instead, it said, it will begin offering its know-how to satellite and cable operators and other companies who also plan to offer similar settop devices. At the same time, the company announced the resignation of its chairman and CEO, Kim LeMasters.
Source: Studio Briefing