TiVo collects $104 million from EchoStar
FROM MULTICHANNEL NEWS: Payment after Supreme Court declines review
By Todd Spangler of Multichannel News -- Video Business, 10/9/2008
OCT. 9 | FROM MULTICHANNEL NEWS: TiVo said it received $104.6 million from EchoStar on Oct. 8, after the U.S. Supreme Court on Monday declined to review a lower court’s ruling that the satellite operator had infringed one of the DVR maker’s patents.
TiVo said the $104,600,472 from EchoStar included the initial $74 million in damages awarded by the U.S. District Court for the Eastern District of Texas, after the satellite company was found to have infringed TiVo’s “Time Warp” patent for DVR controls, plus interest and supplemental damages accrued since Sept. 8, 2006.
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