News Byte

Dish, EchoStar Settle TiVo Patent Fight For $500 Million

Dish and EchoStar are paying TiVo half a billion dollars to settle a long-running patent fight over DVR technology. The two satellite TV companies will pay TiVo $300 million up front, and the remainder over 6 years, to settle suits that started in 2004. The settlement follows an April 20 legal victory for TiVo.

"Brusli?" No. Chuck Norris

Action-movie hero Chuck Norris has a holiday hit on his hands–in the Czech Republic. The 70-year-old martial artist—made famous by tough-guy roles in 1980s films such as “Forced Vengeance” and “Missing in Action”–is starring in a series of TV commercials here for T-Mobile and its satellite-TV service.

Logitech Unveils $300 Revue Google TV Set-Top Box

Logitech this afternoon unveiled the Logitech Revue, a $299.99 set-top box and wireless keyboard controller based on the Android-based Google TV platform. The company also launched the Logitech TV Cam and Vid HD service for video calling.

BSkyB Rebuffs News Corp. Takeover Offer, Seeking Higher Price

British Sky Broadcasting Group PLC is open to the idea of News Corp. buying up a full 100 percent of the company, but not at the currently offered price.

Dish Earnings Fall 26 Percent; Echostar Swings to Profit

Dish Network Corp.’s first-quarter profit fell 26 percent on higher costs related to adding more customers, signaling that the satellite-TV provider is on firmer ground with its turnaround.

Apple TV-Service Proposal Gets Some Nibbles

CBS Corp. and Walt Disney Co. are considering participating in Apple Inc.’s plan to offer television subscriptions over the Internet, according to people familiar with the matter, as Apple prepares a potential new competitor to cable and satellite TV. The proposed service by the maker of iPhones and iPod music players could, in at least some scenarios, offer access to some TV shows from a selection of major U.S. television networks for a monthly fee, according to people familiar with the discussions.

New Set-Top Box Promises to Bring 3D to Television

3D technology is coming one step closer to home with the development of a new set-top box system that will allow consumers to browse through and access 3D offerings from their cable or satellite TV company.

Apple Triple Play: iTunes, App TV and Apple Television

There’s not much of a business yet in Apple TV, as Apple’s leadership often notes. But there may be soon, with the market for connected TVs evolving as it has been. In a research note issued this morning, Piper Jaffray analyst Gene Munster says the time is right for Apple to release the next iteration of Apple TV and to begin work on a full-fledged Internet-connected television set.
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DISH Shares Swoon as Subs Leave, Churn Spikes

DISH Network (DISH) shares are down sharply this morning after the satellite TV company reported some disturbing subscriber data for Q2. For the quarter, the company posted revenue of $2.91 billion, right in line with expectations, and profits of 75 cents a share, nicely above the Street consensus at 60 cents.