WASHINGTON — A federal appeals court on Thursday upheld TiVo Inc.'s claims that Dish Network Corp. infringed on one of its patents, sending TiVo's shares up almost 29 percent.
Advertisement
The Court of Appeals for the Federal Circuit agreed with a lower court that digital video recorders distributed by Dish, formerly known as EchoStar Communications Corp., violated the software elements of TiVo's patent. The court overturned the lower court's ruling that Dish infringed on the hardware elements of the patent.
But the appeals court said the violation of the software claims was sufficient to uphold the entire $89.6 million in damages the lower court awarded TiVo.
TiVo sued EchoStar Communications in 2004, alleging that the Englewood, Colo.-based satellite broadcaster infringed on TiVo's patented technology that allows viewers to record one program while watching another. EchoStar Communications changed its name to Dish in late 2007.
TiVo, based in Alviso, Calif., pioneered digital recorders that allow viewers to pause, rewind and fast forward live television shows.
Shares of TiVo soared $1.95, or 28.7 percent, to $8.76 in midday trading, setting a new 52-week high. Dish shares fell 14 cents to $28.25.
Thank you for joining our conversations on NewsOK.com. We encourage your discussions but ask that you stay within the bounds of our terms and conditions. Please help us by reporting comments that violate these guidelines. To review our rules of engagement, go to Commenting and posting policy.
Editor's note: It is not our intent to offer comments on crime or fatality stories.
Leave a comment.
Log in below or sign up (it's free).
My DirecTV DVR has Tivo on it. So yes, DirecTV is in bed with Tivo.
This is all a big joke, dish wrote the software that makes their receivers run, this is like what happened when that canadian company sued the blackberry people because the canadian company had patented the 'idea' of a device that functioned as a cell phone and a mobile email device. and yes tivo and directv are in bed the directv dvrs are tivo's. pretty said that tivo has to sue others to generate revenue, thats why the stock went up the damages will be a huge boost to a company that has never made money. i am not sure about the cable companies but if this decision ends up sticking i bet you would see more court cases.
Don't know much about this, but Directv does the same thing as Dish, so is Tivo in bed with Directv? There are also cable dvrs that do the same thing - are the cable companies paying Tivo for the rights to use or what's up?
5
Thank you for joining our conversations on NewsOK.com. We encourage your discussions but ask that you stay within the bounds of our terms and conditions. Please help us by reporting comments that violate these guidelines. To review our rules of engagement, go to Commenting and posting policy.
Leave a comment. Log in below or sign up (it's free).Editor's note: It is not our intent to offer comments on crime or fatality stories.