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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
03/22/201704:24:00TiVo Partners with Sky to Launch Voice Search
03/20/201723:55:50CORRECTING and REPLACING -- TiVo Corporation (Nasdaq: TIVO) to...
03/20/201710:00:00TiVo Corporation (Nasdaq: TIVO) to Ring The Nasdaq Stock Market...
03/17/201719:00:53Statement of Changes in Beneficial Ownership (4)
03/14/201716:12:21Proxy Statement (definitive) (def 14a)
03/13/201708:00:00TiVo Hires Walt Horstman to Lead Analytics and Advertising
03/03/201717:50:46Statement of Changes in Beneficial Ownership (4)
03/03/201717:48:10Statement of Changes in Beneficial Ownership (4)
03/03/201717:45:30Statement of Changes in Beneficial Ownership (4)
03/03/201717:42:46Statement of Changes in Beneficial Ownership (4)
03/03/201717:41:03Statement of Changes in Beneficial Ownership (4)
03/01/201717:01:59Current Report Filing (8-k)
03/01/201716:24:41Proxy Statement - Notice of Shareholders Meeting (preliminary...
03/01/201716:17:10Current Report Filing (8-k)
02/27/201712:00:00TiVo’s Post-Show Report From Hollywood’s Shocking Night at the...
02/21/201710:00:00DataXu and DWA Transform Traditional TV Buying
02/17/201717:24:12Current Report Filing (8-k)
02/15/201716:28:05Annual Report (10-k)
02/15/201716:27:40Current Report Filing (8-k)
02/15/201716:15:00TiVo Corporation Reports Fourth Quarter and 2016 Full Year Financial...

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