Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW
Codebreaker

Aaaaand we have the first casualty in the smart TV war

John Moe Nov 11, 2011

It’s the Logitech Revue, which Logitech will stop making and stop supporting and will no longer invite to Sunday dinner and will change the subject if you ever bring it up. The Revue, you may but probably won’t recall, is a TV accessory for carrying third party TV services, most notably Google TV, which has never caught on, chiefly because you can’t watch very much TV on it. Call me crazy but when I buy something to watch TV with and it doesn’t show me much TV, I come away somewhat unsatisfied.

From The Verge:

Calling the company’s Christmas 2010 launch “a mistake of implementation of a gigantic nature,” De Luca told investors that the company had “brought closure to the Logitech Revue saga” by making plans to let inventory run out this quarter and that there are “no plans to introduce another box to replace Revue.”
The mistake, plus “operational miscues in EMEA” cost the company “well over $100M in operating profits.” De Luca did throw Google a bone by saying that he believes Google TV will have a chance sometime in the future, but it would be a “grandchild of Google TV” that would do it. Logitech clearly has no plans to help make that happen, opting instead to sit “on the bench” (as De Luca had put it in an earlier call) until Google can find success

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.