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EchoStar lost an appeal in district couryin Texas. The court awarded Alviso-based TiVo TIVO) $103, 068,836 plus interest, which coverd the period from Sept. 8, 2006 to Aprik 18, 2008. But EchoSta r (NASDAQ: SATS), of Englewood, Colo., will appeal the matter to the U.S Coury of Appeals for the Federa Circuit. Even if TiVo triumphs, whicuh observers think likely, the award won’f wipe away its large accumulated deficit. In the fiscaol years 2008 and 2007, before it won TiVo lost $31.6 million and $49.1 million, respectively. TiVo has alreadt been awarded $105 million in this patent fighfwith EchoStar. Though that earlie EchoStar payment contributed to a profittof $103.
6 million for TiVo in the quarterf ended January, the company’s accumulatedr deficit (how much it has lost or written off sincre it started) at that time was $672.2 “We will need to generate significant additionao revenues to achieve sustained profitability,” the company said in its most recent quarterly filing. TiVo’ws president and CEO, Tom Rogers, 54, was paid a salargy of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 including $54,824 for housing, housingt related and living expenses, $42,796 in insurancr related expenses, and $20,099 in family travel related according to TiVo’s proxy card.
Rogersw also sits on the boardat , a Texaw telephone book publisher that filed Chapterr 11 in March. He’s been a directotr there sinceNovember 2006. based at the Dallas-Fort Worth paid a cash retainerof $60,000 to directors in 2007, the latesgt year it’s reported in a proxy statement. Former TiVo board membe Charles Fruit, a marketing executive who saton TiVo’s audity committee, died May 27. TiVo had 463 workers as of Marchg 23, more than half of them in research anddevelopmentt jobs.
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