Market Overview

TiVo Wins Patent Case Against Comcast

TiVo Wins Patent Case Against Comcast

TiVo Corp (NASDAQ: TIVO) shares are trading higher after the company confirmed Tuesday evening it won an International Trade Commission patent case against Comcast Corporation (NASDAQ: CMCSA).

TiVo received a favorable determination from the commission that Comcast’s X1 platform infringes Rovi's patents. In 2016, Rovi Corporation acquired TiVo Inc for $1.1 billion and renamed the company TiVo Corporation.

“We are thrilled by yet another legal victory,” said Arvin Patel, chief intellectual property officer at Rovi. “This decision demonstrates Comcast’s repeated infringement of Rovi’s patents. We hope that today’s decision will encourage Comcast to pay the necessary licensing fees so their customers can once again access advanced cable features."

TiVo shares were trading up 4.44 percent at $7.77 Wednesday morning.

Related Links:

5 Reasons Why Comcast Is Fighting Disney For Fox

TiVo Investors Pull Back As DVR Maker Announces Business Split

Photo via Wikimedia


Related Articles (CMCSA + TIVO)

View Comments and Join the Discussion!

Posted-In: roviNews Legal Tech Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at