Friday, April 14, 2006
TiVo, the company that introduced the viewing audience to the concept of pausing television shows while it watched them, has won its patent infringement lawsuit against EchoStar, the parent company of the Dish Network. A federal jury awarded the company more than $73 million in damages, less than the $87 million the company had asked for, but enough to send Wall Street a message. Tiny TiVo's shares soared at the news of the victory. Read more here in an AP story, carried by the Hollywood Reporter.