Tags: US | TEC | TiVo | Dish

Tivo Prevails in Patent Rights Case Against Dish

Thursday, 04 Mar 2010 01:24 PM

 

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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 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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