Go to the mobile version of this Web site.

Login | Contact Us | Site Map | Paid archives | Alerts | Electronic edition | Advertise | Subscribe to the paper | Today's Extras
Subscribe

TiVo shares fall after Dish motion delayed

Published November 22, 2008 at 12:05 a.m.

Text size  

TiVo Inc., the pioneer of digital video recorders, dropped 9.5 percent in Nasdaq trading after a judge refused to rule right away on a motion to find Dish Network Corp. in contempt for violating a TiVo patent.

TiVo fell 48 cents to $4.60 on the Nasdaq Stock Market. The shares have lost 45 percent this year. Dish climbed 64 cents, or 7.7 percent, to $9.01.

In January, an appeals court upheld a jury's finding that Dish violated TiVo's patent for "time warp" technology, which lets users record a TV program and play it back at the same time. Dish agreed to pay $104 million after the U.S. Supreme Court last month rejected its appeal.

Post your comment

Registration is required. Click here to create your free user account, or login below.

Comments are the sole responsibility of the person posting them. You agree not to post comments that are off topic, defamatory, obscene, abusive, threatening or an invasion of privacy. Violators may be banned. Click here for our full user agreement.




(Forgotten your password?)




News Tip

Know about something we should be reporting? Tell us about it.


Reprints