Space porn: These images are (quite literally) out of this world
LOS ANGELES (AP) — AT&T Inc. will pay TiVo Inc. at least $215 million through June 2018, becoming the latest TV signal provider to settle a patent lawsuit involving the digital video recorder pioneer.
Per subscriber, this payout will be much larger than a similar $500 million settlement TiVo reached in May with satellite TV company Dish Network Corp. and its set-top box provider, EchoStar Corp.
Dish had about 13.9 million subscribers at the end of September, while AT&T’s U-verse had just 3.6 million. That makes AT&T’s settlement worth at least $59.72 per subscriber, while Dish’s cost $35.97 per subscriber.
TiVo CEO Tom Rogers said the bigger settlement resulted in part from the fact that AT&T heavily marketed its digital video recorders as a key difference between itself and bigger cable TV providers.
“From the get-go, their offering was primarily based on DVR,” Rogers said. He added that TiVo is pursuing another similar case against Verizon over its FiOS service. He said marketing for FiOS also emphasizes its DVRs. Verizon has about 4 million video subscribers.
TiVo shares jumped $1.15, or 12.9 percent, to $10.07 after hours on the news, while AT&T shares rose 21 cents to $30.59 after hours. TiVo’s stock had fallen 5 cents in regular trading Tuesday as the markets rose overall.
A spokesman for AT&T declined to comment.
AT&T will pay more than $215 million if subscriptions to its U-verse television package rise in line with forecasts, TiVo said.
The first $51 million was due in a lump sum on Tuesday, with another $20 million due in the first year and quarterly payments after that.
The settlement will bring TiVo’s operations closer to profitability, Rogers said.
Founded in 1997, TiVo developed the first commercially available digital video recorder, making it easy for people to record programs and watch them later and to skip through advertisements. The innovation changed the way ratings agency Nielsen measures audiences as more people began watching shows well after they aired.
NASA astronaut Mike Hopkins
On December 28, 2013, Expedition 38 crew member Mike Hopkins participating in the second of two space walks to replace a degraded pump module on the International Space Station. (NASA astronaut Rick Mastracchio is reflected in his helmet!)
The Soyuz TMA-10M
The Soyuz TMA-10M headed towards the International Space Station with crew members from Expedition 37 onboard.
40 years ago the Apollo 8 mission flew up to the moon, orbited it ten times and then returned to Earth. This picture was taken from that flight and shows the Earth as it seemingly rises in similar fashion to a sunrise.
Sunrise from Expedition 36
NASA Flight Engineer Karen L. Nyberg of Expedition 36 took this photo of the sun rising -- a sight they saw nearly 16 times per day due to the speed of the International Space Station's orbit around the earth.
A pair of NanoRacks CubeSats -- nanosattelite spacecrafts carrying experiments -- were launched by Expedition 38.