Amit Chowdhry | May 2, 2011 | 516 views | Add a Comment
Categorized under DISH Network Corp., EchoStar, EchoStar Corporation, TiVo

DISH Network and EchoStar have settled a lawsuit with TiVo by paying them $500 million. DISH and EchoStar will be paying TiVo an initial $300 million. The other $200 million will be made in 6 equal payments between 2012 and 2017.
The companies will be ending all pending lawsuits. TiVo will dissolve all injunctions against both EchoStar and DISH. TiVo also granted DISH a license to their Time Warp patent along with several other related patents permanently. Time Warp is a patent that allows people to record one TV show at the same time as watching another.
TiVo will also help DISH Network promote Blockbuster digital video. TiVo sued DISH and EchoStar back in 2004. They had won the lawsuit, but the court decided to reconsider the verdict in May 2010.
[TechCrunch]
Amit Chowdhry | February 15, 2011 | 411 views | Add a Comment
Categorized under Apollo Global Management, EchoStar, EchoStar Corporation, Hughes Communications

EchoStar Corporation (NASDAQ:SATS) is acquiring satellite Internet company Hughes Communications Inc. (NASDAQ:HUGH) for $1.3 billion. EchoStar is paying $60.70 per share in cash, a 1.7% discount to the Friday closing price of Hughes stock, but is 31% higher than the share price on January 19th. Private equity firm Apollo Global Management owns a majority of Hughes shares and has agreed to the deal. [NYT]
Amit Chowdhry | March 5, 2010 | 922 views | Add a Comment
Categorized under DISH Network Corp., EchoStar, EchoStar Corporation, TiVo

The U.S. Court of Appeals for the Federal Circuit has ruled in favor of TiVo against EchoStar. TiVo filed a $200 million patent lawsuit against EchoStar for using unauthorized digital video recorder (DVR) technology for their own services. It is expected that EchoStar will take this lawsuit all the way up to the Supreme Court. For the time being this ruling should not affect TiVo or DISH Network customers. Below is the full press release. [Engadget]

Amit Chowdhry | February 27, 2010 | 713 views | Add a Comment
Categorized under EchoStar Corporation, MVS Comunicaciones, Satmex

EchoStar Corporation (NASDAQ:SATS) has acquired stake in Mexican satellite company Satmex in a $374 million deal. EchoStar is doing this deal with their Mexican partner company MVS Comunicaciones. MVS Comunicaciones and EchoStar will acquire all of the outstanding stock in Satmex. Satmex started in the 1980′s as a government owned company. The company went private in 1995. This deal is taking place as part of a plan for EchoStar to expand their reach into South America. EchoStar used to own Dish Network, but spun them off into a separate company in December 2007. [paidContent]
Amit Chowdhry | August 26, 2009 | 1,087 views | Add a Comment
Categorized under AT&T, AT&T Inc., AT&T U-Verse, DISH Network Corp., EchoStar, EchoStar Corporation, TiVo, Verizon Communications Inc., Verizon FIOS

TiVo Inc. launched one of the first digital video recorder (DVR) devices in 1999. However TiVo has been facing competition from AT&T and Verizon, who provide DVR as a service through TV cable. This is why TiVo has filed a lawsuit against both telecommunication companies at the U.S. District Court in the Eastern District of Texas.
TiVo is seeking damages and a permanent injunction from using the feature. This complaint the same as the one made in a lawsuit against DISH/Echostar. That complaint was made in 2004. Initially TiVo was ruled to be awarded $105 million, but DISH/Echostar filed an appeal. While the appeal was being made, DISH/Echostar designed new software that would replace the old video recording software.
TiVo claimed that DISH/Echostar was still infringing on their patent, but the U.S. Patent and Trademark Office dismissed a request from TiVo to have DISH/Echostar no longer have the ability to re-examine its patent. DISH will be using the U.S. Patent and Trademark Office dismissal as part of their appeal in court.
DISH has about 14 million subscribers while AT&T U-Verse and Verizon FIOS cable services have a combined subscriber base of 4 million.
Amit Chowdhry | June 2, 2009 | 1,198 views | Add a Comment
Categorized under DISH Network Corp., EchoStar Corporation, TiVo


TiVo Inc. has been awarded $190 million in damages for a patent lawsuit against DISH Network Corporation and EchoStar Corporation. U.S. District Judge David Folsom also told EchoStar that they are not allowed to infringe on all except around 193,000 digital video recorders for all of their subscribers.
EchoStar was told to pay $73.9 million along with $15.7 million in interest. On top of those amounts, EchoStar must also pay $103.1 million in damages plust interest accrued.
DISH and EchoStar plan to file an appeal with the court decision. DISH used to be known as EchoStar Communications Corporation before they spun off their technology assets about a year ago including the set-top box units. EchoStar Corp. was the result of the spin-off.
[via Reuters]