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On Mon, 3 Feb, 8:02 AM UTC
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InterDigital enforces patents against Disney - InterDigital (NASDAQ:IDCC)
WILMINGTON, Del., Feb. 03, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. IDCC, a mobile, video and AI technology research and development company, today announced that it has initiated litigation against The Walt Disney Company, including Disney+, Hulu and ESPN+, over their ongoing infringement of InterDigital's intellectual property. "Our video technologies enable Disney to efficiently stream content and enhance the user experience," said Josh Schmidt, Chief Legal Officer, InterDigital. "We always prefer to sign license agreements through amicable negotiation, but we are committed to receiving fair compensation for our groundbreaking research, which allows us to continue to invest in the next generation of technology." Cases have been initiated in United States Federal District Court in the Central District of California, in Rio de Janeiro State Court, Brazil, in the Munich Regional Court in Germany, and in the Local Divisions of Mannheim and Düsseldorf in the Unified Patent Court. InterDigital has been innovating in video and related innovation for decades and is a leader in the development of foundational technologies that have changed how we watch our favorite TV shows, movies and sporting events. For more information on this litigation and on our video research click here. About InterDigital® InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence ("AI"), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today's most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq. InterDigital is a registered trademark of InterDigital, Inc. For more information, visit: www.interdigital.com. InterDigital Contact: Richard Lloyd Email: richard.lloyd@interdigital.com +1 (202) 349-1716 IDCCInterDigital Inc$182.98-0.96%Overview Rating:Good62.5%Technicals Analysis1000100Financials Analysis400100WatchlistOverviewMarket News and Data brought to you by Benzinga APIs
[2]
InterDigital enforces patents against Disney
, (GLOBE NEWSWIRE) -- (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has initiated litigation against The Walt Disney Company, including Disney+, Hulu and ESPN+, over their ongoing infringement of InterDigital's intellectual property. "Our video technologies enable to efficiently stream content and enhance the user experience," said , Chief Legal Officer, InterDigital. "We always prefer to sign license agreements through amicable negotiation, but we are committed to receiving fair compensation for our groundbreaking research, which allows us to continue to invest in the next generation of technology." Cases have been initiated in in the of , in Rio de Janeiro State Court, , in the Regional Court in , and in the Local Divisions of Mannheim and Düsseldorf in the Unified Patent Court. InterDigital has been innovating in video and related innovation for decades and is a leader in the development of foundational technologies that have changed how we watch our favorite TV shows, movies and sporting events. For more information on this litigation and on our video research click here. About InterDigital InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence ("AI"), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today's most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq. InterDigital is a registered trademark of For more information, visit: www.interdigital.com.
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InterDigital, a technology R&D company, has filed lawsuits against The Walt Disney Company, including its streaming platforms, for alleged patent infringement related to video streaming technologies.
InterDigital, Inc., a prominent research and development company specializing in mobile, video, and AI technologies, has initiated legal proceedings against The Walt Disney Company and its streaming platforms, including Disney+, Hulu, and ESPN+. The lawsuit alleges ongoing infringement of InterDigital's intellectual property, particularly in the realm of video streaming technologies 1.
The legal action has been filed in multiple jurisdictions:
This multi-pronged approach underscores the global nature of the dispute and the importance of the technologies in question 2.
Josh Schmidt, Chief Legal Officer of InterDigital, stated, "Our video technologies enable Disney to efficiently stream content and enhance the user experience." He emphasized the company's preference for amicable negotiations but stressed their commitment to receiving fair compensation for their research efforts 1.
InterDigital has a long history of innovation in video and related technologies. The company claims to be a leader in developing foundational technologies that have revolutionized how we consume TV shows, movies, and sporting events. Their expertise extends beyond video, encompassing wireless technology, AI, and other related fields 1.
This legal battle highlights the complex relationship between technology innovators and content distributors in the rapidly evolving streaming landscape. As streaming services continue to grow and improve their offerings, the underlying technologies become increasingly valuable and contentious 2.
The outcome of this litigation could have far-reaching consequences for the streaming industry. If InterDigital prevails, it may lead to:
As the case unfolds, it will be closely watched by industry players and investors alike, given Disney's prominent position in the entertainment and streaming markets 1 2.
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The UK Court of Appeal has ruled in favor of InterDigital in its ongoing patent dispute with Lenovo, overturning a previous High Court decision. This ruling strengthens InterDigital's position in the global patent licensing landscape.
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InterDigital, a leader in mobile, video, and AI technology R&D, has signed a new license agreement with OPPO Group, covering OPPO, realme, and OnePlus branded mobile devices worldwide. This agreement solidifies InterDigital's position in the smartphone market and highlights its innovations in AI and wireless technologies.
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InterDigital, Inc. announces its participation in IBC 2024, where it will demonstrate cutting-edge broadcast and immersive video technologies. The company will showcase advancements in AI-powered video compression, 5G broadcast, and immersive experiences.
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InterDigital, a mobile and video technology research and development company, has announced a significant increase in its quarterly dividend. The company's board of directors approved a 12.5% raise, bringing the dividend to $0.45 per share.
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InterDigital, a mobile and video technology research and development company, has announced its goal to reach $1 billion in annual recurring revenue by 2030. The company plans to achieve this through expansion in existing and new markets.
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