While some patent lawsuits continue to drag on, the battle between TiVo and Verizon over DVR technology has come to a resolution. In exchange for cross licensing their patents and dismissing all pending litigation, the two parties have agreed Verizon will pay TiVo $100 million up front followed by recurring quarterly payments totaling $150.4 million through July 2018, as well as monthly license fees for each FiOS DVR user above certain levels.
Engadget , TiVo settles patent lawsuit with Verizon for at least $250 million, is 'exploring' Redbox Instant support, TiVo settles patent lawsuit with Verizon for at least $250 million, is 'exploring' Redbox Instant support
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