Wednesday, October 26, 2011

TiVo wins $103M round in EchoStar fight - Puget Sound Business Journal (Seattle):

qozadaunu.blogspot.com
EchoStar lost an appeal in district court in The courtawarded Alviso-basedc TiVo (NASDAQ: TIVO) $103, 068,836 plus interest, whicj covers the period from Sept. 8, 2006 to April 18, 2008. But EchoStart (NASDAQ: SATS), of Colo., will appeal the matter to the U.S Court of Appeala for the Federal Even ifTiVo triumphs, which observers think likely, the award won’t wipe away its large accumulaterd deficit. In the fiscal years 2008 and before itwon damages, TiVo lost $31.66 million and $49.1 million, respectively. TiVo has alreadh been awarded $105 millionh in this patent fightwith EchoStar. Though that earlier EchoStar paymengt contributed to a profitof $103.
6 million for TiVo in the quarter ended January, the company’s accumulatex deficit (how much it has lost or writte off since it started) at that time was $672.2 “We will need to generate significantg additional revenues to achieve sustained the company said in its most recenr quarterly filing. TiVo’s president and CEO, Tom 54, was paid a salary of $800,000 in the latest fiscall year. His total compensation for the yearwas $5.9 including $54,824 for housing, housing relatex and living expenses, $42,79t in insurance related expenses, and $20,099 in family travelp related expenses, according to TiVo’s proxy card.
Rogers also sits on the boardeat , a Texax telephone book publisher that filed Chapter 11 in He’s been a director there sincwe November 2006. Idearc, based at the Dallas-Fort Wortgh Airport, paid a cash retainer of $60,00o to directors in 2007, the latest year it’a reported in a proxy statement. Former TiVo board membere Charles Fruit, a marketing executive who saton TiVo’ds audit committee, died May 27. TiVo had 463 workersa as of March 23, more than half of them in researchg anddevelopment jobs.

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