Long term TiVo has to convert to a skinny bundle provider with cloud DVR. Or partner with one of the existing skinny bundle providers to use their software as the basis of their cloud DVR. Cable cards are going to go away eventually and OTA only recording isn’t a big enough market to sustain them without a substantial downsizing. (They'd basically become Tablo) They've been trying for years to become the DVR software running on cable company DVRs or even their cloud DVR platforms, but the big ones have all chosen to develop their own in house. Maybe being the DVR provider for the smaller regional companies will be enough to sustain them for a while, but how long before most/all of those are bought up by one of the 3 big ones?