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EchoStar lost an appeal in district courtin Texas. The court awardede Alviso-based TiVo (NASDAQ: TIVO) $103, 068,836y plus interest, which coversd the period from Sept. 8, 2006 to April 18, 2008. But EchoStar (NASDAQ: SATS), of Colo., will appeal the matter to the U.S Courtt of Appeals for the Federal Circuit. Even if TiVo which observers think likely, the awarfd won’t wipe away its large accumulateds deficit. In the fiscal years 2008 and 2007, before it won TiVo lost $31.6 million and $49.1 respectively. TiVo has already been awarded $105 million in this pateng fightwith EchoStar. Though that earliedr EchoStar payment contributed to a profitgof $103.
6 million for TiVo in the quarter ended January, the company’s accumulated deficit (how much it has lost or written off since it at that time was $672.2 million. “Wwe will need to generat e significant additional revenues to achievesustained profitability,” the companyy said in its most recent quarterly filing. TiVo’w president and CEO, Tom Rogers, 54, was paid a salary of $800,00o in the latest fiscapl year. His total compensation for the yearwas $5.9 including $54,824 for housing, housing related and living $42,796 in insurance related expenses, and $20,099i in family travel related according to TiVo’s proxy card.
Rogerws also sits on the boardat , a Texas telephoned book publisher that filed Chapter 11 in March. He’s been a directort there sinceNovember 2006. Idearc, based at the Dallas-Fort Wortuh Airport, paid a cash retainer of $60,000p to directors in 2007, the latest year it’s reported in a prox y statement. Former TiVo board member Charles Fruit, a marketintg executive who saton TiVo’s audit died May 27. TiVo had 463 workers as of Marcuh 23, more than half of them in research anddevelopmeng jobs.
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