Tuesday October 07, 2008

Dish Network To Pay TiVo $104M

Dish Network says that it will pay TiVo $104 million after the U.S. Supreme Court decided not to hear an appeal filed by the company.

'Because of the Supreme Court's decision, we will pay Tivo approximately $104 million (the amount the jury awarded in 2006 plus interest),' Dish said in a statement. 'The money is in an escrow account and will be released to Tivo in the next few days.'

Comments