AT&T Has become the latest tv provider to pony up cash for violating TiVo's DVR patents. The company this week announced that they'll be paying TiVo at least $215 million through June 2018, roughly $59.72 for each of AT&T's 3.6 million U-Verse TV subscribers. The first $51 million was paid by AT&T yesterday, with another $20 million due in the first year and quarterly payments each quarter after after that. TiVO says that they're pursuing a similar case against Verizon that should net them a similar payout. The company settled to the tune of $500 million with Dish Network back in May of last year.
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AT&T Will Pay TiVo $215 Million for Patent Violation - TiVo Expects Similar Payout From Verizon
Posted: January 4th, 2012, 6:15am MST