AT&T has settled a patent lawsuit with TiVo in which it will pay the DVR vendor $ 215 million through June 2018, including an initial payment of $ 51 million. AT&T will also pay “incremental recurring per subscriber monthly license fees” to TiVo through July 2018 if its subscriber base surpasses a certain level, TiVo said in a statement Wednesday. AT&T and TiVo were locked in a patent battle after AT&T began to market its own digital video recorder using a technology patented by TiVo. TiVo also recently settled similar lawsuits with Dish Network and EchoStar Corp. Read on for more. “We are extremely pleased to reach an agreement with AT&T, which acknowledges the value of our intellectual property,” said Tom Rogers,
BGR: The Three Biggest Letters In Tech
