Dish Network to pay TiVo $500 million in petent dispute

May 2, in Business


Dish Network, EchoStar and TiVo have been involved in an agonizing, 5 year long patent dispute where TiVo sued the others, claiming it infringed on several of their patents. Now though, it appears as if the companies are ready to move on, as Dish Network and EchoStar have agreed to pay TiVo $500 million to settle the case once and for all.

In exchange, the companies have licensed a number of patents from each other, including the “Time Warp” patent which TiVo originally filed the lawsuit over. The companies announced that with the settlement, they will cooperate more and offer integrated features.

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