DISH Receives Favorable Ruling - Analyst Blog

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DISH Network Corporation ( DISH ) received a favorable ruling against Sonicview usa, Inc. a distributor of Free-To-Air (FTA) satellite receivers in the U.S.

DISH Network managed to realize just $65 million in damages, or 20% of the $325 million it had claimed.

Sonicview Usa was held guilty under the Digital Millennium Copyright Act because it was caught distributing satellite receivers to at least 17,500 households in the U.S., thus facilitating illegal viewing of DISH Network telecasts. Furthermore, the court ordered Sonicview to destroy the remaining satellite receivers remaining in its possession.

However, the verdict came as a shock to Sonicview as they believe that their FTA receivers built by a South Korean firm Vicxon Corp. are not fully equipped with software to break the signal.

Earlier, DISH Network integrated Auto Hop technology to their DVR device called Hopper. The new technology enabled users to skip commercials when watching recorded TV-shows.

Launch of such innovative service has landed them into court battles with CBS Corporation ( CBS ), News Corp. ( NWSA ) owned Fox network and Comcast Corp. ( CMCSA ) owned NBC Universal. These major broadcasters believe that DISH Network has breached the copyright law by manipulating the TV shows for their own commercial interest. Last year, the company lost a long pending legal battle with TiVo Inc. ( TIVO ) for violating their patent rights that resulted in a huge loss for the company.

Currently, DISH Network has a Zacks #3 Rank, implying a short-term Hold rating on the stock.

DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado. The company, together with its subsidiaries operates the DISH Network direct broadcast satellite (DBS) subscription television service in the U.S.


 
CBS CORP (CBS): Free Stock Analysis Report
 
COMCAST CORP A (CMCSA): Free Stock Analysis Report
 
DISH NETWORK CP (DISH): Free Stock Analysis Report
 
NEWS CORP INC-A (NWSA): Free Stock Analysis Report
 
TIVO INC (TIVO): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: CBS , CMCSA , DBS , DISH , FTA

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