BUSINESS
June 3, 2009 | Associated Press
A federal court Tuesday ordered Dish Network Corp. to pay TiVo Inc. $103 million plus interest in damages for using a modified digital video recorder technology that it found to be in violation of TiVo's patent. U.S. District Judge David Folsom, of the Eastern District of Texas, found Dish, formerly EchoStar, to be in contempt of a permanent injunction on TiVo's DVR Time Warp technology, which lets viewers pause, rewind and fast-forward live shows.
BUSINESS
May 12, 2009 | Times Wire Reports
Dish Network Corp. said first-quarter earnings climbed to 70 cents a share, topping the 56-cent average of estimates compiled by Bloomberg. Sales advanced 2.1% to $2.91 billion, in line with estimates. Average monthly bills rose 3.1% as Chief Executive Charlie Ergen charged more for programming and equipment such as digital video recorders. That helped Dish make up for subscriber losses, which reached 94,000 last quarter.
BUSINESS
February 2, 2009 | Alex Pham
On Oct. 9, a day the Dow dropped 679 points, TiVo Inc. deposited a check for $104.6 million. The company had just won a hard-fought battle against EchoStar Communications Inc., whose Dish Network digital video recorders were found by a federal jury to infringe TiVo's patents. "I think we were the only company doing high-fives that day," recalled TiVo Chief Executive Tom Rogers. TiVo, whose name has become synonymous with digital video recorders, is the comeback kid of technology.
BUSINESS
August 5, 2008 | From Times Staff and Wire Reports
In a decision sure to affect millions of cable television subscribers, a federal appeals court gave a green light to Cablevision Systems Corp.'s rollout of a remote-storage digital video recorder system. In overturning a lower court ruling that had blocked the service, the U.S. 2nd Circuit Court of Appeals in Manhattan said the judge wrongly concluded that Cablevision, rather than its customers, would be making copies of programs, thereby violating copyright laws. Cablevision's system was challenged by a group of Hollywood studios that claimed the remote-storage DVR service would amount to an unauthorized rebroadcast of their programs.
BUSINESS
June 27, 2008 | From Times Wire Services
The government will investigate a stealthy form of advertising in which products are featured on television shows as props and at times even woven into story lines. The Federal Communications Commission said it would consider rules to make it clear to viewers when brand-name products appear in shows in exchange for money. Spending on so-called "embedded advertising" has grown as advertisers look for new ways to reach viewers who flip channels during commercials or use digital video recorders such as TiVo to fast-forward past them.
BUSINESS
November 8, 2007 | From Times Wire Services
Satellite broadcaster DirecTV Group Inc. said its third-quarter earnings slipped on higher costs, but revenue rose 18% from more customers and demand for high-definition and digital video recorder services. For the quarter ended Sept. 30, the El Segundo-based company reported that net income fell 14% to $319 million, or 27 cents a share, from $370 million, or 30 cents, a year earlier. Revenue surged to $4.33 billion from $3.67 billion in the quarter a year earlier.