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Back from the national cable show in Washington DC where all of these channels are here but when you think about some of the most favorite.
Shows to DVR right it was a surprise I was back in the day HBO has some of the best you've got true blood.
DVR like you can't even believe boardwalk empire and that has always been the promise of -- Tebow of course the original DVR company whose technology.
And smarts were so strong that it keeps winning lawsuit after patent lawsuit.
Every single time it goes to court twelve shots on Thursday.
They settled with three different companies Google Cisco and Motorola mobility for 490 million dollars.
And in the first opportunity that any business network has had to talk to the CEO.
We've got it Tom Rogers is the CEO and president of T thank you for joining us -- this.
Do -- they are very much what really this week would become the trial and get settled correct we did settle what -- you settle.
Well we got a lot of money got a half a billion dollars to add to the other money we've gotten from previous settlements now totaling one point six billion dollars.
And though we settled for certainty for the company resolve to major pieces of litigation.
And we have very resolution.
Our other settlements spread money out over time dissipated all -- run.
So getting the cash up front getting in on the balance -- having that certainty now.
Be able to focus on the product of the operating growth of the company where we can put a lot of that resource to work.
It all made sense to bring that to an -- Makes sense not to have a protracted -- Legal problem a gigantic battle in the courtroom battle but I look at this you -- of one time and time again.
This time around it seemed that the market was disappointed your stock had fallen rather precipitously over the past couple days it is still -- 33%.
Europe for years we should stress that but.
-- what do you think it -- they don't like about this if they were disappointed that wasn't more money.
While some investors liked -- a lot and thought it was the exact right move to create the certainty get to catch up front and the ongoing litigation that -- -- in.
There were others that were looking for us to continue to fight and fight over a period of years and if we had done that active likelihood is we would have gotten more money.
But we had to make a decision what was best for the business not how those shareholders were betting on the litigation.
-- -- I said in the aggregate 33% up your -- you're still making great products so let's look forward let's get to what you're doing right now terrific.
Second screen opportunity here and this is what's just been rolled out correct.
Well -- everywhere any content anywhere any device very focused on the tablet which is becoming that second screen people are really using while they watch television.
And one of the things that's always been key about -- as it gets right to what you most care about.
So we wanted to really personalize that experience and every time somebody turns on the television.
They can have their own personal dashboard we put it up here so you can see it more easily.
You have your own personal dashboard that gets filtered.
Just what you would want in front of you every time you watch television completely definitely -- -- cut down the clothing and how well it's you know what's most popular on television right column right here.
You'd want to know what other people watching -- popular movies that are on right now that you would care about.
What shows you've recorded under my -- your favorite channels that you know what's playing on the channel's most watch.
Take a look at -- his work -- we'd be able to get paid -- in here but.
This would be your your your your your favorite sports and letting you know they are your favorite kids program -- still very.
Put your world appeal -- that are gonna get a -- economy.
I guess they love feel -- out at an associate who is adopting this what cable companies are -- Well we announced today that Atlantic broadband which is one of our cable partners this is a great show for us that we now have half of the top -- -- cable operators in the United States.
That are gonna use Tebow as their next generation advanced television solutions.
So for a company like cars which was really a cable outsider a few years ago.
Now to have that many cable companies following our lead in terms of where television is going.
And the TVT go everywhere notion of being able to get something -- every screen in the house is really important.
We'll see here on the outlook is this because I hate the bulky box.
Whether it's a cable box -- up some I have Tivo and and it's a box that's bigger than us.
Now you can get your key vote to any other television in the house with what we -- -- people -- so this allows you to take your main Tivo DVR.
And laid up all the other TVs in the house this little box here.
Allows you to -- quick news reported on your television and stream it to your phone -- tablet.
In the house or stream it to the apple to take it with you you.
Also have bigness we can't ignore this Tim Tebow your spokesman.
He's been kind of without a spot since he left the New York Jets.
Just announced she's going to the New England Patriots yours first very sort of famous spokesperson that -- -- here.
What did you think when her but as have you talked to him.
I have not but we've been in touch with him and his team and we feel great about it -- In many ways like Tebow he's been -- under appreciated player on the field and he's got a hell of a passing game just like -- stream.
Patriots is obviously a -- of an organization we think it'll be great for him.
And we're looking to continue our association which has been terrific for -- -- switching from the giants with the patriots fan from New York.
Well you know why I have a son who lives in Boston now so my allegiances may be -- naturally anyway.
What with them what a politician here although you're -- -- and thank goodness you are running this company with all the patent lawsuits.
Obviously continue to win them this one a disappointment for some investors but we're watching T.
A very closely thank you very much thanks for Paul Rodgers is the president radio yeah but yet your world Neil Cavuto.
Closing bell that is one of the favorites David.
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