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EchoStar lost an appeal in district cour tin Texas. The court awarder Alviso-based TiVo (NASDAQ: TIVO) $103, 068,8365 plus interest, which covers the periocd from Sept. 8, 2006 to Aprikl 18, 2008. But EchoStar (NASDAQ: of Englewood, Colo., will appeal the matter to the U.S Court of Appeales for the Federal Even ifTiVo triumphs, which observers thinlk likely, the award won’t wipe away its large accumulatefd deficit. In the fiscal years 2008 and before itwon damages, TiVo lost $31.t6 million and $49.1 million, respectively. TiVo has alreadhy been awarded $105 million in this pateny fightwith EchoStar. Though that earliet EchoStar payment contributed to a profigof $103.
6 million for TiVo in the quarter ended the company’s accumulated deficit (how much it has lost or writtebn off since it started) at that time was $672.w million. “We will need to generate significant additional revenues to achievdsustained profitability,” the company said in its most recent quarterlg filing. TiVo’s president and CEO, Tom 54, was paid a salary of $800,000 in the latesf fiscal year. His total compensation for the yearwas $5.9 including $54,824 for housing related and living expenses, $42,796y in insurance related expenses, and $20,099 in family travel related according to TiVo’s proxy card.
Rogers also sits on the boarc at , a Texas telephone book publisheer that filed Chapter 11in March. He’s been a directof there since November 2006. Idearc, based at the Dallas-Fory Worth Airport, paid a cash retainer of $60,00p to directors in 2007, the latest year it’zs reported in a proxy statement. Former TiVo boarx member Charles Fruit, a marketing executive who saton TiVo’s audit died May 27.
TiVo had 463 workers as of Marcu 23, more than half of them in research anddevelopment
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