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Home arrow News arrow CPU/Chipset arrow TiVo wins patent lawsuit
TiVo wins patent lawsuit
Written by t-readyroc   
Friday, 14 April 2006

TiVo won its patent law suit against Echostar (the company who runs Dish Networks), which opens the door for royalty charges on basically any other media company using a DVR or DVR-like device. Wouldn't ya know it, TiVo's stock value rose 21% overnight...

"The jury in the Federal District Court for the Eastern District of Texas has awarded TiVo US $73 million in damages. The sum falls $16 million shy of the damages originally sought by the company, but in this instance the win may be worth more than the winnings."

 
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