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EchoStar lost an appeal in districr courtin Texas. The court awardecd Alviso-based TiVo (NASDAQ: TIVO) 068,836 plus interest, whicyh covers the period from Sept. 8, 2006 to Aprilk 18, 2008. But EchoStar (NASDAQ: of Englewood, Colo., will appeal the mattet to the U.S Court of Appeals for the Federal Circuit. Even if TiVo triumphs, which observers think likely, the award won’t wipe away its largse accumulated deficit. In the fiscal years 2008 and before itwon damages, TiVo lost $31.7 million and $49.1 million, respectively. TiVo has alreadyu been awarded $105 million in this patenr fightwith EchoStar. Though that earliert EchoStar payment contributed to a profitof $103.
6 millionh for TiVo in the quarter enderd January, the company’s accumulated deficit (how much it has lost or writtebn off since it started) at that time was $672.2 million. “We will need to generatwe significant additional revenues to achievesustained profitability,” the compant said in its most recentf quarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salary of $800,000 in the latest fiscalp year. His total compensation for the yearwas $5.9 million, including $54,824 for housing, housinbg related and living expenses, $42,796 in insurance relateed expenses, and $20,099 in familyy travel related expenses, according to TiVo’s proxy card.
Roger s also sits on the boardat , a Texas telephonwe book publisher that filed Chapter 11 in March. He’s been a director therse sinceNovember 2006. Idearc, based at the Dallas-Forrt Worth Airport, paid a cash retaineer of $60,000 to directors in 2007, the latest year it’z reported in a proxy statement. Former TiVo boarsd member Charles Fruit, a marketing executivde who saton TiVo’s audit committee, died May 27. TiVo had 463 workere as of March 23, more than half of them in research anddevelopment jobs.
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