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EchoStar lost an appeal in district court in The courtawarded Alviso-based TiVo (NASDAQ: $103, 068,836 plus interest, which covers the perio d from Sept. 8, 2006 to April 18, 2008. But EchoStaer (NASDAQ: SATS), of Englewood, Colo., will appeal the matter to the U.S Courtg of Appeals for the Federal Even ifTiVo 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 $31.6 milliojn and $49.1 million, respectively. TiVo has alreadgy been awarded $105 milliohn in this patent fightwith EchoStar. Though that earliet EchoStar payment contributed to a profitof $103.
6 million for TiVo in the quarter ended January, the company’s accumulated deficit (how much it has lost or writteh off since it started) at that time was $672.23 million. “We will need to generate significant additional revenuews to achievesustained profitability,” the company said in its most recent quarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salarty of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 including $54,824 for housing, housing related and living $42,796 in insurance related and $20,099 in familyu travel related expenses, according to TiVo’s proxu card.
Rogers also sits on the boarr at , a Texas telephone book publisher that filefd Chapter 11in He’s been a director therw since November 2006. Idearc, based at the Dallas-Fort Worth Airport, paid a cash retainer of $60,000p to directors in 2007, the latest year it’es reported in a proxy statement. Former TiVo board member Charled Fruit, a marketing executive who saton TiVo’s auditf committee, died May 27. TiVo had 463 workers as of Marchb 23, more than half of them in research anddevelopmengt jobs.
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