Dish Network (DISH) and EchoStar (SATS) settle all ongoing patent litigation over DVR technology...

|About: DISH Network Corporation (DISH)|By:, SA News Editor

Dish Network (DISH) and EchoStar (SATS) settle all ongoing patent litigation over DVR technology with TiVo (TIVO). The two satellite TV companies will pay TiVo $300M up front and another $200M over six years to settle suits that started in 2004. DISH +9.6%, TIVO +15.3% premarket.  (PR)