TiVo has been in a long running patent litigation battle since 2005 with DISH Network and EchoStar Corporation who owns Sling Media, the manufacturer of the Slingbox which allows consumers to watch television over the Internet. TiVo claimed that EchoStar, which owned DISH Network at the time, violated patents with the DVRs it had used in satellite receivers. The first round of the battle ended with a jury awarding TiVo $73 million back in April 2006 which was naturally appealed and led to ongoing challenges to TiVo’s patent through the U.S. Patent Office and a countersuit by DISH Network claiming that TiVo had violated patents it had owned. Now it seems all companies involved have reached a settlement which will put the patent litigation to rest.As part of the settlement, DISH Network and EchoStar will pay TiVo $500 million. The payment includes an initial payment of $300 million with the remaining amount being distributed in six equal annual payments between 2012 and 2017. TiVo will also grant a license for its Time Warp patent to DISH Network and EchoStar while in return receiving a license for DVR-related patents from EchoStar. The settlement has also led to a new strategic partnership between DISH Network and TiVo.AdChoices广告TiVo will be assisting DISH Network to make the most of their new Blockbuster ownership which the company purchased for $228 million. Though the deal included Blockbuster retail stores, it was clear DISH was after Blockbuster’s digital video service. TiVo will now “play a role” in helping DISH Network to promote the new Blockbuster service. It is also believed that the new agreement may open the door to other strategic partnerships between the two companies in the future.Chairman and CEO of DISH Network, Charlie Ergen stated that the settlement with TiVo will give DISH a competitive advantage since they will be one of the few multichannel operators with rights to the TiVo’s Time Warp patent which in turn will allow the service to enhance the performance of its DVRs.Read more at the press release.
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