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DISH Pays TiVo $104 Million in Patent Case
Apparently, DISH Network/EchoStar directed some cash to TiVo tied to the companies' ongoing litigation concerning alleged patent violations.
In a statement, the DVR pioneer said it received $104.6 million from DISH/EchoStar on Wednesday. The amount includes the initial $74 million in damages awarded by the U.S. District Court handling the patent infringement case as well as supplemental damages covering the period through Sept. 8, 2006, and interest.
TiVo said it's prepared for the next step in the case, which is in the penalty phase at the federal court in Texas. "We remain confident that the District Court will enforce the injunction and award further damages from EchoStar's continued infringement of our Time Warp patent," TiVo said.
DISH had no comment on the TiVo announcement.
Apparently, DISH Network/EchoStar directed some cash to TiVo tied to the companies' ongoing litigation concerning alleged patent violations.
In a statement, the DVR pioneer said it received $104.6 million from DISH/EchoStar on Wednesday. The amount includes the initial $74 million in damages awarded by the U.S. District Court handling the patent infringement case as well as supplemental damages covering the period through Sept. 8, 2006, and interest.
TiVo said it's prepared for the next step in the case, which is in the penalty phase at the federal court in Texas. "We remain confident that the District Court will enforce the injunction and award further damages from EchoStar's continued infringement of our Time Warp patent," TiVo said.
DISH had no comment on the TiVo announcement.
