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Court Halts Stay On EchoStar Suit Against TiVo

DOW JONES NEWSWIRES A U.S. District Court lifted its stay of an EchoStar Corp. (SATS) patent-infringement lawsuit against TiVo Inc. (TIVO) in the latest chapter of the companies' legal battle. EchoStar, a set-top box maker, was spun off from Dish Network Corp. (DISH) at the beginning of 2008 and still relies on Dish for most of its business. The companies have been battling for years over technology that allows someone to pause, rewind and fast-forward through live television. A jury in 2006 found Dish and EchoStar liable for infringing TiVo's patent when they began making their own set-top boxes. TiVo said the suit, originally brought by EchoStar on four patents in 2005, has been whittled down to one patent, on which EchoStar has changed its position on the meaning of claim terms. The company said it remains confident it doesn't infringe any of the remaining claims at issue. EchoStar acquired the patents in question from International Business Machines Corp. (IBM) after TiVo successfully sued EchoStar over its Time Warp digital video recorder technology patent. TiVo shares recently traded at $10.46, down 3.4%. EchoStar was up 10 cents at $29.64 while Dish's class A shares rose 1.5% to $21.97. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; [email protected]

Stock News for Tivo (TIVO)
DateTimeHeadline
01/23/201708:00:00TiVo Corporation Announces 2016 Q4 and Year-End Results and Conference...
01/17/201712:57:12Amended Statement of Ownership (sc 13g/a)
01/04/201717:56:20Statement of Changes in Beneficial Ownership (4)
01/04/201708:07:00TiVo Delivers the Ultimate Music Experience with SongConnect
01/04/201708:05:00TiVo Launches Audience Management Platform for Audience Targeting...
01/04/201708:02:00TiVo’s CubiTV Selected by RJMPL to Power Advanced Entertainment E...
01/04/201708:00:00TiVo BOLT+ Recognized as CES 2017 Innovation Awards Honoree
01/04/201705:30:00TiVo Signs Long-Term Intellectual Property License with HBO
12/19/201617:27:34Statement of Changes in Beneficial Ownership (4)
12/19/201616:53:34Statement of Changes in Beneficial Ownership (4)
12/14/201608:00:00Frost & Sullivan Commends TiVo with 2016 Global Entrepreneurial...
12/14/201608:00:00Frost & Sullivan Commends TiVo with 2016 Global Entrepreneurial...
12/09/201611:28:07Amended Statement of Ownership (sc 13g/a)
11/28/201616:19:53Current Report Filing (8-k)
11/28/201616:10:00TiVo and Netflix Enter Into Product and Intellectual Property...
11/14/201606:01:55Notice of Effectiveness (effect)
11/14/201606:01:55Notice of Effectiveness (effect)
11/14/201606:01:54Notice of Effectiveness (effect)
11/14/201606:01:54Notice of Effectiveness (effect)
11/14/201606:01:54Notice of Effectiveness (effect)

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