Interesting People mailing list archives
Dish May Have To Shut Down 8M DVRs
From: David Farber <dave () farber net>
Date: Mon, 8 Mar 2010 11:21:24 -0500
Begin forwarded message: From: <davemack () UDel Edu> Date: March 8, 2010 11:03:04 AM EST To: dave () farber net Subject: Dish May Have To Shut Down 8M DVRs Analyst: Dish May Have To Shut Down 8M DVRs After TiVo Legal Loss Satellite TV Operator May Lose Ability to Offer DVR, Says Sanford Bernstein's Moffett Todd Spangler -- Multichannel News, 3/4/2010 1:57:26 PM Dish Network may be forced to disable as many as 8 million of its DVRs within a month, after the satellite TV operator lost an appeals court decision Thursday in its years-long battle with TiVo. Moreover, Dish could even lose the ability to offer a DVR altogether, according to Sanford Bernstein analyst Craig Moffett. The U.S. Court of Appeals for the Federal Circuit upheld a lower court's contempt ruling against Dish and EchoStar, under which the companies would pay at least $300 million to TiVo. Following the announcement of the ruling shortly before 12 noon (ET), TiVo's stock price soared more than 50% to around $15.82 per share while Dish shares dropped 6%, to around $20.41 per share. snip http://www.multichannel.com/article/449679-Analyst_Dish_May_Have_To_Shut_Down_8M_DVRs_After_TiVo_Legal_Loss.php ------------------------------------------- Archives: https://www.listbox.com/member/archive/247/=now RSS Feed: https://www.listbox.com/member/archive/rss/247/ Powered by Listbox: http://www.listbox.com
Current thread:
- Dish May Have To Shut Down 8M DVRs David Farber (Mar 08)