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Watch Shelly’s commentary on TiVO’s (NASD: TIVO) data which says 57% of users are watching time shifted television and 66% of viewers are skipping commercials.

YAHOO (NASD: YHOO) will hold its annual stock holder meeting today. The meeting, which was postponed during the Micro-hoo, Icahn dilemma, will focus on how Yahoo can boost its revenue and grow as a company. Yahoo is hoping that increasing the cost of ad spots on its main page will help generate revenue.

CBS (NYSE: VIA) head Les Moonves is projecting that CBS could generate a billion dollars in revenue from its purchase of CNET. Moonves was quoted as saying “The stated goal is to reach $1 billion in revenue in the next three years, from the mid-$600 million this year.”

IBM (NYSE: IBM) will build a new cloud computing data center. IBM will spend $360 million to build a data center in Research Triangle Park, NC. The center will focus on cloud computing services for corporate clients.

CABLEVISION’s (NYSE: CVC) earnings are down, though better than expected. James Dolan announced that Cablevision earned $98.3 million in the quarter, compared to $314.7 million a year ago. However, Cablevision’s revenue rose 9%, aided by rate increases and gains in its digital video, high-speed Internet, phone and business services.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.



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