Tivo scores another $200M in DISH dollars
p2pnet news view | Products:- Tivo has doubled its money.
Its Echostar / Dish money.
It’s been awarded a further $200 million, this time in sanctions against EchoStar (SATS) and Dish Network (DISH), “for violation of a permanent injunction against violation of TiVo’s DVR patents,” says Barron’s, going on:
“That brings total damages in the long-running case to about $400 million, plus attorneys fees.”
TiVo, “pioneered digital-video recording technology more than a decade ago, allowing consumers to record TV programs by storing them on a hard drive, enabling full DVD-like functionality including pause, rewind and fast-forward,” explains MarketWatch, adding:
“The company filed suit against EchoStar Communications in 2004, claiming that EchoStar infringed upon TiVo patents when it unveiled its own DVR. EchoStar said it created its DVR in good faith, with no intention of copying TiVo’s technology.”
Barron’s – TIVO Gets $200M Contempt Award In DISH/SATS Case, September 4, 2009
MarketWatch – EchoStar hit with further contempt sanctions by court, September 4, 2009
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September 8th, 2009 at 6:26 pm
One would wander how technology would evolve if no one competed for the money in it all.