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TiVo, AT&T patent settlement will send at least $215 million TiVo's way through 2018

TiVo, AT&T patent settlement will send at least $215 million TiVo's way through 2018 Created by MG3 on Jan 04, 2012

After leveraging its DVR patent portfolio into a $500 million settlement with Dish Network and Echostar TiVo has made it rain again, cutting a mutual patent licensing deal with AT&T that settles their litigation and will result in at least $215 million heading its way through 2018. Additional license fees are possible based on AT&T's U-verse DVR subscriber base, so besides the $51 million up front and recurring payments after that, there could be even more money at stake. »read more

More at: Engadget Add additional source

Additional sources: AT&T to pay TiVo $215 million through 2018 to settle patent lawsuit read at www.bgr.com Report

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