TiVo gets $200M from EchoStar due to patent violations
TiVo has been rewarded $200 million
more in damages from EchoStar, as the two companies continue to face
off in court over a patent infringement lawsuit.
"We are pleased by the court's
ruling to impose a contempt sanctions of approximately $200 million
against EchoStar for its continued violation of a court-ordered
permanent injunction," TiVo
said in a press statement.
TiVo has received more than
$400 million from EchoStar, confirming analysts belief that the DVR
technology is worth every last penny.
U.S. District Judge
David Folsom awarded TiVo $200 million, citing EchoStar's statement
that the infringement wasn't willful.
"We are pleased
that the district court rejected TiVo's request to award a billion
dollars in sanctions and that it found that any violation of the
injunction was not willful. While we disagree that any amount
of sanctions was warranted, the decision confirms our belief that we
designed around TiVo's patent in good faith," Dish and EchoStar
said in a statement. "We believe that we ultimately will
prevail on appeal."
The $400 M collectively means $2.25
per month from each EchoStar DVR subscriber is given to TiVo.
The number is better for EchoStar, however, as Dish Networks
originally wanted $1 billion in copyright infringement
penalties.
Even though EchoStar has to write a check for $200
million, it seems both sides are happy with the outcome dished out by
Judge Folsom.
"So, I think the same thing of the music industry. They can't say that they're losing money, you know what I'm saying. They just probably don't have the same surplus that they had." -- Wu-Tang Clan founder RZA
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