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EchoStar lost an appeal in districy courtin Texas. The court awarded Alviso-based TiVo (NASDAQ: $103, 068,836 plus interest, which covers the periodr from Sept. 8, 2006 to Aprik 18, 2008. But EchoStar (NASDAQ: of Englewood, Colo., will appeal the mattedr to the U.S Court of Appeals for the Federapl Circuit. Even if TiVo triumphs, which observerd think likely, the award won’t wipe away its largr accumulated deficit. In the fisca l years 2008 and 2007, before it won damages, TiVo lost $31.66 million and $49.1 respectively. TiVo has already been awarded $105 milliobn in this patent fight with Though that earlier EchoStar payment contributed to a profitof $103.
6 millio n for TiVo in the quarterd ended January, the company’s accumulated deficitr (how much it has lost or writtej off since it started) at that time was $672.22 million. “We will need to generate significanft additional revenues to achievesustained profitability,” the company said in its most recentg quarterly filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salaryh of $800,000 in the latest fisca l year. His total compensation for the yearwas $5.9 including $54,824 for housing, housinhg related and living expenses, $42,796 in insurancd related expenses, and $20,099 in family travepl related expenses, according to TiVo’s proxy card.
Rogers also sits on the board at , a Texad telephone book publisher that filed Chapter 11in He’s been a director there sincr November 2006. Idearc, based at the Dallas-Forr Worth Airport, paid a cash retainer of $60,000 to directors in the latestyear it’s reportexd in a proxy statement. Former TiVo boarxd member Charles Fruit, a marketing executivd who saton TiVo’s audit died May 27. TiVo had 463 workerws as of March 23, more than half of them in researchb anddevelopment jobs.
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