Dish Pays TiVo $500 Million DVR Patent Settlement
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TiVo has long alleged Dish Network violated its DVR patents, and the satellite provider has settled things by giving TiVo $500 million to put the issue behind them. TiVo can now presumably exact similar settlements from Microsoft, Motorola, Verizon and AT&T, which it’s also suing.
Deadline reports the Dish settlement is less than analysts expected, and with TiVo struggling to retain its DVR market share — having lost nearly a third of its customers since 2007 — the company may still be in trouble over the long run.
What Will TiVo Do Next? Dish Network’s $500M Payment Is ‘Far Less’ Than Expected [Deadline]
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