TiVo Gains After $250.4 Million Settlement With Verizon

TiVo Gains After $250.4 Million Settlement With Verizon

George Frey/Bloomberg

The TiVo agreement requires Verizon to make an initial cash payment of $100 million, followed by quarterly payments totaling $150.4 million through July 2018. Verizon also will pay monthly license fees for every Verizon DVR subscriber beyond a predetermined level.