Chalk up another win for TiVo Inc.

The digital video recorder (DVR) company yesterday struck an agreement with AT&T Inc. in which the communications company will pay TiVo a minimum of $215 million and additional monthly licensing fees to settle a patent-infringement lawsuit.

TiVo, which was a pioneer in DVR technology, has long accused its rivals of violating its patents. The company recently has used litigation to make money from licensing fees. In May, TiVo scored a victory in a similar case against Echostar Corp., in which Echostar agreed to pay the company $500 million.

Yesterday's agreement dictates that AT&T will pay TiVo $51 million upfront and $164 million in quarterly payments through July 2018. But AT&T also will pay monthly incremental licensing fees based on its DVR subscriber numbers. One analyst from research company Brean Murray told Thomson Reuters that AT&T could pay up to 10 percent or 20 percent more per year if its TV business keeps growing.

“No matter which projections you take, they all involve AT&T paying us significantly higher revenue than $215 million,” TiVo CEO Tom Rogers said in an interview.

Read the Wall Street Journal for more on this story.

Chalk up another win for TiVo Inc.

The digital video recorder (DVR) company yesterday struck an agreement with AT&T Inc. in which the communications company will pay TiVo a minimum of $215 million and additional monthly licensing fees to settle a patent-infringement lawsuit.

TiVo, which was a pioneer in DVR technology, has long accused its rivals of violating its patents. The company recently has used litigation to make money from licensing fees. In May, TiVo scored a victory in a similar case against Echostar Corp ., in which Echostar agreed to pay the company $500 million.

Yesterday's agreement dictates that AT&T will pay TiVo $51 million upfront and $164 million in quarterly payments through July 2018. But AT&T also will pay monthly incremental licensing fees based on its DVR subscriber numbers. One analyst from research company Brean Murray told Thomson Reuters that AT&T could pay up to 10 percent or 20 percent more per year if its TV business keeps growing.

“No matter which projections you take, they all involve AT&T paying us significantly higher revenue than $215 million,” TiVo CEO Tom Rogers said in an interview.

Read the Wall Street Journal for more on this story.