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TiVo Suit Targets AT&T & Verizon

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LR Cable News Wire Feed
Light Reading
8/26/2009
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ALVISO, Calif. -- TiVo Inc. (Nasdaq: TIVO - News) today filed complaints in the United States District Court, Eastern District of Texas against AT&T Inc. and Verizon Communications, Inc. for infringement of the following three TiVo patents U.S. Patent Nos. 6,233,389 B1 ("Multimedia Time Warping System"), 7,529,465 B2 ("System for Time Shifting Multimedia Content Streams"), and 7,493,015 B1 ("Automatic Playback Overshoot Correction System"). The complaints seek damages for past infringement and a permanent injunction, similar to that issued by the United States District Court, Eastern District of Texas against DISH/EchoStar.

TiVo will be hosting its second quarter fiscal year 2010 earnings results conference call today at 2pm PT/5pm and will discuss this development in more detail at that time.

TiVo Inc. (Nasdaq: TIVO)

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