TiVo Responds To Court’s Decision To Revisit Patent Case As Stock Plummets

TiVo is having a very rough morning. A federal appeals court stated today that it will revisit a digital-video recorder patent dispute between TiVo and both Dish Network and EchoStar . TiVo has sued the companies back in 2004 over its patented DVR technology back when the two were still a single company. They won the suit, but the court has now decided to reconsider its verdict, which is a bit of a cold shower for the company. Today's decision pushed TiVo shares down as much as 36 percent .