Sunday, June 1, 2008

Satellite companies DISH, EchoStar sue TiVo

DISH Network CorpTiVo IncTiVo

In January, the U.S. Court of Appeals said DISH, a
satellite television provider, had infringed a TiVo patent in
building digital video recorders, and upheld a lower court's
damage award against DISH of $74 million plus interest.

The appeals court in April denied DISH's request for judges
to rehear arguments related to the patent dispute.

DISH was formerly known as EchoStar Communications Corp. It
recently spun off its technology assets, including its set-top
box division, to create EchoStar Corp.

TiVo said it could not comment as it had not seen the
filing, but added it was confident in the outcome.

TiVo shares closed up 1.1 percent at $8.41, while EchoStar
shares fell 1.2 percent and DISH shares fell 0.9 percent.

Reuters/Nielsen

This content was originally posted on http://entertainews.blogspot.com/ © 2008 If you are not reading this text from the above site, you are reading a splog

No comments: