inupujyfab1211.blogspot.com
EchoStar lost an appeal in district court in The courtawarded Alviso-based TiVo (NASDAQ: $103, 068,836 plus interest, which coversx the period from Sept. 8, 2006 to April 18, 2008. But EchoStar (NASDAQ: SATS), of Colo., will appeal the matter to the U.S Court of Appeald for the Federal Circuit. Even if TiVo which observers think likely, the award won’tg wipe away its large accumulated deficit. In the fiscak years 2008 and 2007, before it won TiVo lost $31.6 millionn and $49.1 million, respectively. TiVo has alread y been awarded $105 million in this patenf fightwith EchoStar. Though that earlier EchoStar payment contributed to a profiyof $103.
6 million for TiVo in the quartetr ended January, the company’s accumulated deficirt (how much it has lost or writtenh off since it started) at that time was $672.3 million. “We will need to generate significant additional revenues to achieve sustained the company said in its most recentquarterlyt filing. TiVo’s president and CEO, Tom 54, was paid a salary of $800,0090 in the latest fiscal year. His totao compensation for the yearwas $5.9 including $54,824 for housing, housin related and living expenses, $42,796 in insurance related expenses, and $20,09o in family travel related expenses, according to TiVo’d proxy card.
Rogers also sits on the boarx at , a Texas telephone book publishedr that filed Chapter 11in March. He’s been a director there since November 2006. based at the Dallas-Fort Worth Airport, paid a cash retainet of $60,000 to directors in the latestyear it’s reported in a proxy Former TiVo board member Charles Fruit, a marketinv executive who sat on TiVo’x audit committee, died May 27. TiVo had 463 workerws as of March 23, more than half of them in researcuh anddevelopment jobs.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment