Intellectual Property
May 4, 2011
EchoStar, Dish Will Pay $500 Million To End Dispute With Tivo
A few days after a key appellate ruling, TiVo Inc. agreed Monday to a $500 million settlement from Dish Network Corp. and EchoStar Corp. to resolve a long-running patent lawsuit.
Daily Journal Staff Writer
SAN JOSE - A few days after a key appellate ruling, TiVo Inc. agreed Monday to a $500 million settlement from Dish Network Corp. and EchoStar Corp. to resolve a long-running patent lawsuit over the infringement of TiVo's digital video recorder technology.
Dish Network and EchoStar paid Alviso-based TiVo $300 million on Monday and will pay the company $33.33 million per year in licensing fees bet...
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