Dish Network, TiVo Settle Patent Infringement Lawsuit for $500 Million

Submitted by patentadmin on Wed, 05/04/2011 - 10:27

May 4, 2011 - When we last reported on this lawsuit on October 17, 2010, the U.S. Patent Office had affirmed TiVo's patent on its "Time Warp" technology (a DVR system that allows the user to record one program while watching another).

The lawsuit has now been settled, and Dish Network Corp. will pay TiVo $500 million - an initial payment of $300 million and six additional payments of about $33 million between now and 2017.

TiVo has also sued AT&T and Verizon for patent infringement.