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TiVo Technology Chief Barton Resigns

DOW JONES NEWSWIRES TiVo Inc. (TIVO) Chief Technology Officer James Barton has resigned from the video-recording company he helped found, the company disclosed Friday. The executive's departure comes in the wake of two far-reaching settlements the company made over the use of its recording technology, which boosted its bottom line. TiVo reported the most profitable quarter in its history last year after Dish Network Corp. (DISH) and EchoStar Corp. (SATS) agreed to pay the company $500 million to settle a seven-year patent dispute over TiVo's digital video recorder technology. The company in January reached a separate deal with AT&T Inc. (T) that gives TiVo at least $215 million for its technology through June 2018. TiVo's bottom line has still struggled over the past two years due to rising costs and lackluster subscriber numbers. The company responded by signing more deals with satellite and cable providers to boost its viewer base, which broke a four-year streak of declines in the fiscal third quarter. Barton agreed to continue working for TiVo in a consulting capacity to advise the company on patent matters, litigation and other technical matters, according to a Friday filing with the Securities and Exchange Commission. The company will pay him $25,000 a month through mid-March 2015. Shares were recently off 6 cents at $11.55 Friday. The stock has climbed 37% over the past year. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

Stock News for Dish Network (DISH)
DateTimeHeadline
04/14/201414:45:09LightSquared Says It Was Right to Shut Dish's Ergen Out of Restructuring...
03/31/201417:41:19Falcone Tried to Shut Dish Chairman Ergen Out of LightSquared...
03/26/201417:19:33Dish's Ergen Says LightSquared Proposal Treats Him Unfairly
03/26/201414:39:01Dish's Ergen Approached DirecTV CEO About Merger -Bloomberg
03/12/201415:02:58LightSquared Drops Regulatory Hurdles From Proposed Bonuses
03/11/201420:37:47Disney Media Networks Co-Chairman to Resign
03/05/201410:45:31Dish Expands Remote-Viewing App to Amazon's Kindle Fire
03/04/201418:00:20CBS CEO Says Dish Deal 'Great Start' But Not Enough
03/04/201412:50:17LightSquared Seeks Not to Count Ergen's Vote
03/04/201412:36:55LightSquared Seeks Not to Count Ergen's Vote Against Restructuring
02/28/201417:10:12Judge Says Dish, Ergen Must Turn Over Certain Documents
02/28/201416:51:09Judge Says Dish and Ergen Must Turn Over Certain Documents
02/26/201417:15:13TiVo Swings to Profit, Adds Subscribers
02/21/201420:37:48Dish Reports Higher Profit, Unease with Comcast Deal--3rd Update
02/21/201415:58:47Dish Reports Higher Profit, Unease with Comcast Deal--2nd Update
02/21/201409:01:48Dish Profit Rises as Subscriber Rolls Grow; EchoStar Profit Falls...
02/21/201408:00:40Dish Profit Rises; EchoStar Profit Falls
02/21/201407:34:52Dish Profit Rises as Subscriber Rolls Grow; EchoStar Profit Falls
02/20/201416:10:14DirecTV CEO Voices Opposition to Comcast-TWC Deal
02/15/201411:48:08LightSquared Files New $2.65 Billion Reorganization Plan

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