Tags: US | TEC | TiVo | Dish

Tivo Prevails in Patent Rights Case Against Dish

A federal appeals court has sided with TiVo in the second phase of its long-running patent lawsuit against Dish Network.

TiVo Inc. says the decision Thursday paves the way for the digital video recorder pioneer to collect about $300 million from Dish Network Corp. in damages and contempt sanctions it had been awarded. TiVo has also sued AT&T and Verizon for allegedly infringing on certain DVR patents.

Shares of TiVo rose by $4.81, or more than 47 percent, to $15.02 in midday trading Thursday. Dish Network Corp. lost $1.23, or 5.7 percent, to $20.48.

Dish says it will seek a review of the three-judge panel's decision by the full U.S. Court of Appeals for the Federal Circuit.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
Markets
A federal appeals court has sided with TiVo in the second phase of its long-running patent lawsuit against Dish Network.TiVo Inc. says the decision Thursday paves the way for the digital video recorder pioneer to collect about $300 million from Dish Network Corp. in damages...
US,TEC,TiVo,Dish
117
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved