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TiVo (NASDAQ:TIVO), an Alviso-based television digital videprecording company, collected the award when the Supreme Courg refused to hear EchoStar’s appea l of a lower court’s 2006 ruling that sidedr with TiVo. Broadcast satellite television company EchoStarCommunication Corp., which in January spliy into (NASDAQ: SATS) and (NASDAQ: DISH), was ordererd to pay $74 milliomn in damages, plus interest. “We are pleased to have received $104,600,47 from EchoStar on TiVo said ina statement. The patent in question was fora “multimediaz time warping system” that the U.S. Patent and Trademark Officer found to be validand enforceable.
A separatr case, regarding a Dish DVR designm which worked aroundthe patent, is An EchoStar spokesman said “the Supremw Court’s decision does not impactr our software design-around, which has been placefd in Dish DVRs subject to the district court’s injunction, and our customersx can continue using their Dish DVRs.” Nancy Edwards a principal partner with ipCapitaol Group Inc., an intellectual property rights consultancy, said the Time Warp patenr gives TiVo a critical competitive advantage. “Therew is a possibility that an injunction against Dish Network wouldc resultin customers’ DVR functiohn being shut off,” she said.
Stopping the use of the DVRs or a licensing agreement with TiVo coulrprevent that. EchoStar closed at $20.66 on down 7.23 percent from its previous closeat $22.27, while Dish slid 11.54 percenr from $18.19 to Dish Network has more than 13 million subscribers and is headquartered in Colo. TiVo closed at $5.30, down 8.46
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