TiVo will receive at least $250.4 million from Verizon as part of a patent litigation settlement, the video recorder pioneer said on Monday, sending its shares up more than 4 percent. TiVo, whose brand is synonymous with digital video recorders, has had to turn to litigation to generate revenue from licensing fees as it struggles to fight competition from low-cost rivals. Analysts said the Verizon settlement could bode well for a TiVo victory in cases against other companies, including Time Warner Cable and Motorola Mobility, which is now owned by Google. Read the full story at Reuters.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.



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