02.05.2011 13:20 Uhr, Quelle: Engadget

Dish Network will pay TiVo $500 million to settle DVR lawsuit

Dish Network and TiVo have come to a settlement on their long running patent dispute that will see the satellite company pay $500 million to settle all ongoing litigation. We stopped covering the various court judgements in this case last year as each side continued to file one stay and injunction after another, but this time it's finally over. According to the press release, the two companies have licensed certain patents to each other, including the infamous Time Warp patent that was at the heart of the dispute. Details are in the press release after the break, but TiVo's scored an upfront $300 million cash payment, with the remaining $200 million to be paid out between 2012 and 2017. .

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