An Interest In:
Web News this Week
- April 18, 2024
- April 17, 2024
- April 16, 2024
- April 15, 2024
- April 14, 2024
- April 13, 2024
- April 12, 2024
Some of Our Sources
- Joshua Blankenship
- The Logo Smith
- Smashing Apps
- Abduzeedo
- You The Designer
- Naldz Graphics
- Web Resource Source
- Android Dissected
- Willems Lab
- TechPowerUp
Help Webnuz
Referal links:
May 2, 2011 11:01 am EDT
Dish Network, EchoStar and TiVo have come to a settlement on their long running patent dispute (since 2006) that will see the satellite company pay $500 million to settle all ongoing litigation. We stopped covering the various court judgements in this case last year as each side continued to file one stay and injunction after another, but this time it's finally over. The most recent court judgement came April 20th in the United States Court of Appeals for the Federal Circuit and found EchoStar in contempt of an earlier injunction despite modifications to its DVR software. The companies have licensed certain patents to each other, including the infamous Time Warp patent that was at the heart of the dispute. Details are in the press release after the break, but TiVo's scored an upfront $300 million cash payment (Dish Network is also reporting today it added 58,000 subscribers and had a net income of $549 million last quarter, we guess there was some loose change rolling around after its Blockbuster and DBSD purchases), with the remaining $200 million to be paid out between 2012 and 2017.
There's a conference call coming up in a bit where we can find out more details, but now that the lawyers are out of the picture we wonder if we'll see any TiVo technology on Dish boxes or if a few hundred million in cash is enough to speed up the pace of updates for the Premiere. Interestingly, the press release noted Dish "work with TiVo to help develop our Blockbuster video service" perhaps the ties between the rental company and TiVo played a part in seeing this dispute come to an end.
TiVo, Dish Q1 results ||Comments
Original Link: http://www.engadget.com/2011/05/02/dish-network-will-pay-tivo-500-million-to-settle-dvr-lawsuit/
Dish Network, EchoStar will pay TiVo $500 million to settle DVR lawsuit
There's a conference call coming up in a bit where we can find out more details, but now that the lawyers are out of the picture we wonder if we'll see any TiVo technology on Dish boxes or if a few hundred million in cash is enough to speed up the pace of updates for the Premiere. Interestingly, the press release noted Dish "work with TiVo to help develop our Blockbuster video service" perhaps the ties between the rental company and TiVo played a part in seeing this dispute come to an end.
Continue reading Dish Network, EchoStar will pay TiVo $500 million to settle DVR lawsuit
Dish Network, EchoStar will pay TiVo $500 million to settle DVR lawsuit originally appeared on Engadget on Mon, 02 May 2011 07:01:00 EDT. Please see our terms for use of feeds.
Permalink |TiVo, Dish Q1 results ||CommentsOriginal Link: http://www.engadget.com/2011/05/02/dish-network-will-pay-tivo-500-million-to-settle-dvr-lawsuit/
Share this article:
Tweet
View Full Article
Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget