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TiVo, Dish/EchoStar Settle Legal Dispute Over DVRs

4:07 AM PDT 5/2/2011 by Georg Szalai

The satellite TV firms will pay the DVR provider $500 million, less than analysts had projected, and work with it on promoting the Blockbuster digital video service.

NEW YORK - TiVo Inc. and Charlie Ergen’s Dish Network and EchoStar Corp. said Monday that they have settled all their ongoing patent litigation. Under the terms of the settlement, Dish and EchoStar agreed to pay TiVo $500 million.

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