Dish Network to Pay TiVo $200M
September 4, 2009 by Mark Ellis
Filed under Business News
TiVo has long suffered from competitors using the television pause and rewind technology for which TiVo became famous. Now, though, the struggling DVR maker has managed to convince a federal judge that Dish Network and its sister firm, EchoStar, have violated an injunction against copying the technology, forcing the latter two companies to pay a total of $200 million to TiVo.
While Dish Network plans to appeal the case, it will be forced to pay the $110 million in damages, $90 million in sanctions, and additional attorney fees, as well as additional sanctions if it loses its appeal. This ruling comes …read more
Struggling TiVo Files Lawsuits, Posts Loss
August 26, 2009 by Mark Ellis
Filed under Business News
TiVo has long been pursuing reparations from companies whom it accuses of stealing its popular television technology that allows its users to pause, rewind, and fast-forward, but it has now decided to sue AT&T and Verizon over the matter. As it pursues the legal battle, TiVo has also posted a second-quarter loss that was narrower than expected.
According to TiVo, the company would have preferred to work out some sort of licensing deal before it went ahead with any sort of legal action, the latest move coming after TiVo apparently could not wait any longer. Analysts expect TiVo to use the …read more
Dish Network Profit Falls 81%
August 10, 2009 by Stephen Kersey
Filed under Business News
In the second quarter, Dish Network posted a profit that was 81% less than the profit posted in the second quarter of 2008. Dish Network is known as a low-cost satellite provider for those looking for a budget friendly television provider.
Dish Network’s second quarter profit was $63.4 million. Last year, the profit was $335.9 million — a drop of more than $270 million.
Dish Network says that the two main reasons why their profits are down are rising expenses and rising legal costs associated with TiVo.
The good news is that Dish Network revenue was unchanged in the year over year comparison. …read more
TiVo and Best Buy – Marketing Partnership
July 10, 2009 by Stephen Kersey
Filed under Marketing
In these difficult economic times, more and more companies are teaming up to form marketing partnerships. This week, TiVo and Best Buy announced such a marketing partnership.
For TiVo, the company famous for their digital video recorders, they will see their products marketed at Best Buy stores across the United States. Considering that TiVo is currently facing an unprecedented amount of competition in their industry, this marketing move makes a lot of sense.
For Best Buy, on the other hand, this agreement gives the company a unique way to reach their customers. Each TiVo DVR purchased from Best Buy will give Best …read more
TiVo and Best Buy Become Allies
July 9, 2009 by Mark Ellis
Filed under Business News
In a move that looks mutually beneficial, at least on paper, TiVo announced today that it would form a marketing alliance with electronics retailer Best Buy. Although the financial details of the deal have not yet been released, the deal would involve TiVo providing its recording technology to Best Buy’s own brand of televisions and other electronics.
TiVo stands to benefit greatly from partnering up with Best Buy, the top specialty consumer electronics retailer in the country. Putting TiVo recording technology in Best Buy’s electronics would boost TiVo’s sales. In return, Best Buy would benefit from consistent advertising on TiVo’s on-screen …read more
Roizen Added to TiVo’s Board
June 26, 2009 by Stephen Kersey
Filed under Business News
J. Heidi Roizen has been elected to TiVo’s board of directors. TiVo, the company famous for its work with digital video recorders, says that Roizen is the ninth independent director.
Roizen is currently the CEO of Skinny Little Things, a startup she founded in the beginning of 2008. Prior to Skinny Little Things, she worked at Mobius Venture Capital as the managing director.
Said Tom Rogers, TiVo’s CEO: “The breadth and depth of experience within the technology industry and entrepreneurial community that Heidi brings to our Board is invaluable and will have an immediate impact on TiVo’s strategic plans to further define …read more
TiVo Awarded $103M from Dish Network
June 3, 2009 by Stephen Kersey
Filed under Business News
TiVo, one of the pioneers in the digital video recorder industry, won an important court battle against Dish Network on Tuesday. Due to patent infringement, Dish Network was ordered by a federal judge in Texas to pay TiVo $103 million. Dish Network must also pay TiVo interest through April 2008.
At the time of this controversy, Dish Network was known as EchoStar. As could be expected, TiVo was thrilled with the ruling.
Said TiVo in a press release: “We are extremely gratified by the Court’s well reasoned and thorough decision, in which it rejected EchoStar’s attempted workaround claim regarding the TiVo patent, …read more
Struggling TiVo Losing Subscribers
May 27, 2009 by Mark Ellis
Filed under Business News
Although TiVo is the pioneer in the field of digital-video recording, the company has posted a fiscal first-quarter loss and continues to lose subscribers. Perhaps due to the financial crisis, TiVo’s loss totaled $4.13 million, or 4 cents a share.
Just a year earlier, TiVo posted a profit of $3.62 million, but this quarter, sales have fallen 9.7 percent to $54.9 million. While the loss is certainly bad news for TiVo, the situation is not quite as bad as analysts estimated. An average of six analysts’ estimates had TiVo’s sales at $53.8 million.
In order to combat subscriber loss, TiVo has added …read more





