There! Pause It There–The Expression on Randall Stephenson’s Face Is Priceless.
by John Paczkowski
Posted on August 26, 2009 at 3:43 PM PT
AT&T and Verizon have run afoul of TiVo’s video patents. Reporting a second-quarter loss and projected results below Wall Street expectations Wednesday, the digital video recorder pioneer said it is suing the two telecoms for infringing on its patents for technology that allows DVRs to simultaneously store and play back programs, pause live television and deliver other features.
TiVo’s (TIVO) complaint seeks both damages for past infringement and a permanent injunction–similar to the one it won against satellite provider Dish Network (DISH)–that would force AT&T (T) and Verizon (VZ) to shut down their DVR services.
“Attempts were made to reach a commercial arrangement,” TiVo CEO Tom Rogers said during an earnings call today. “They were not reached. We believe we are being caused irreparable harm and that harm increases everyday this doesn’t cease. We have found ourselves in a similar situation with AT&T and Verizon. We need to stop their continued unauthorized use of our intellectual property.”
And, God willing, corral them into that commercial arrangement to which Rogers refers. After all, the company lost 146,000 subscribers in its second quarter. It desperately needs to do something to win new ones and lower its churn.
[Image credit: Flickr/montevino]
