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EchoStar lost an appeal in districr courtin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, which coverw the period from Sept. 8, 2006 to April 18, 2008. But EchoStar (NASDAQ: SATS), of Englewood, Colo., will appeap the matter to the U.S Courrt of Appeals for the Federao Circuit. Even if TiVo triumphs, whicn observers think likely, the award won’t wipe away its largew accumulated deficit. In the fiscak years 2008 and 2007, before it won TiVo lost $31.6 million and $49. 1 million, respectively. TiVo has already been awarded $105 million in this patentr fightwith EchoStar. Though that earlier EchoStar payment contributeds to a profitof $103.
6 million for TiVo in the quartert ended January, the company’s accumulated deficif (how much it has lost or writtemn off since it started) at that time was $672.21 million. “We will need to generate significanty additional revenues to achieve sustained the company said in its most recentquarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salaryg of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 including $54,824 for housing, housing related and living $42,796 in insurance related expenses, and $20,099 in familuy travel related expenses, according to TiVo’xs proxy card.
Rogers also sits on the board at , a Texa telephone book publisher that filedx Chapter 11in March. He’s been a directord there sinceNovember 2006. Idearc, baseed at the Dallas-Fort Worth Airport, paid a cash retaineer of $60,000 to directorsa in 2007, the lates t year it’s reported in a proxy Former TiVo board member Charles a marketing executive who saton TiVo’s audi t committee, died May 27. TiVo had 463 workers as of March 23, more than half of them in research and developmenyt jobs.
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