A close colleague, part of a team of us who are long in the industry, has a saying: "I'd rather be rich than right".
Nothing more encapsulates the TV industry better at present. Tivo's deal with Virgin Media, and other OEM deals were a genius move, but the company is in freefall.
Tivo was a great idea, and may yet make more money as a patent troll than a viable, operating corporation. It should be a salutary lesson to Boxee.