Revenge may be a dish best served cold, but sometimes it's just time to move on. Dish Network
In January, a federal court of appeals dealt TiVo a heartening victory, ruling that Dish's digital video recorders (DVRs) ran afoul of TiVo's patents. The court said Dish Network owed TiVo $94 million in damages.
In more good news, TiVo narrowed its loss in its most recent quarter. As much as TiVo has struck me as a highly challenged -- and speculative -- investment for quite some time, glancing at its stock price right now makes me wish I hadn't ended my "outperform" rating on it in our Motley Fool CAPS community intelligence database last September (I ended it at $6.09, no less).
Although I'm still not completely sold on TiVo as a long-term investment in the real world, things look much better than several years ago. Plus, TiVo's still ramping up ancillary services; its latest is allowing users to download Web video directly to their TiVo boxes. They will be able to utilize TiVo's Season Pass functionality and Real Simple Syndication (RSS) feeds in order to do so, allowing them to subscribe to newscasts, podcasts, and so forth. This comes on the heels of another recent development: Google's
However, maybe the real story here is how Dish Network sounds desperate -- and perhaps even overwhelmed. Yesterday, it disclosed that a new satellite fell short of reaching its intended orbit, delaying its high-definition content (including some local network channels -- ouch). Engineers from SES Americom and Lockheed Martin
Maybe Dish Network shareholders have good reason to worry that the stock is going to fail to reach its intended orbit.
- In November, it looked like we're all getting a TiVo.