Dish, EchoStar to Pay TiVo $500 Million to Settle Suit
Deal ends years-long dispute over DVR patents
Dish Network and its parent EchoStar announced Monday morning that they plan to pay TiVo $500 million to settle an ongoing patent dispute.
The settlement has been years in the making. TiVo had sued the companies (which at the time were a single entity) in 2004 over patent infringement relating to TiVo’s DVR technology. TiVo won the suit, but then in May 2010, a federal appeals court decided to reconsider the verdict. Two weeks ago, the court ruled that it would uphold the verdict.
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