It’s hard to feel too sorry for TiVo, Inc. After all, the digital video recording pioneer recently walked away with a half-billion-dollar settlement in its seven-year patent infringement fight with satellite television giant DishNetwork Corporation and its sibling company EchoStar. And to be sure, TiVo executives aren’t exactly begging for sympathy. All told, says TiVo general counsel Matthew Zinn, the company collected nearly $605 million in the litigation once you factor in the tens of millions of dollars DishNetwork and EchoStar Corporation had already paid in damages and interest before the settlement was announced in May. “I’m pleased,” says Zinn, adding that it’s among the biggest settlements in a high-tech patent case that he is aware of. “I think we had a successful outcome.”
In achieving that outcome, TiVo—with roughly 600 employees and less than $220 million in annual sales—definitely deserves credit for tenacity. Especially since the DishNetwork fight pitted TiVo against the country’s second-largest satellite provider, with nearly 25,000 employees and about $13 billion in reported revenues in 2010.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
