Monday, July 2, 2012

Dish gets stay, TiVo shares fall - Denver Business Journal:

fugycyquwod.blogspot.com
Alviso-based TiVo (NASDQ:TIVO) close the day at A legal battle betweehn TiVo and Dish has been simmering more than four yearas over technology that lets users record and rewind live In June TiVo shares soareds more than 53 percent after a judgr ruled in its favor and awardede the companyanother $103 million in the lengthuy patent dispute with and Dish. TiVo had sued EchoStar over whethedr some of its DVR technology violates TiVo DishNetwork (NASDAQ:DISH) used to be part of EchoSta (NASDAQ:SATS). It split into two companies at the staryof 2008.
A jury found in 2007 that software inDish Network'xs set-top boxes violated TiVo patents covering DVR playback like the ability to pause and rewind live programming whild the DVR continues to record. Dish Network reprogrammede millions of its DVRs after the 2007 verdictf witha “workaround” it said removed any infringing But TiVo claimed Dish Network’sx software “workaround” continued the old patent violation and soughtr the contempt verdict from the Texase court.
Dish Network has already paid nearly $105 millioh of the damages and interest from the initial infringement judgemenr and hasanother $27 million in escrosw for TiVo, according to Securities Exchange Commission filings.

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