InterDigital wins second UPC injunction against Disney over HEVC
Get Alerts IDCC Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: -52.1%
Join SI Premium – FREE
InterDigital, Inc. (Nasdaq: IDCC) has been awarded a second injunction against Disney by the Unified Patent Court (UPC), a pan-European court whose rulings apply across multiple European Union member states.
The Düsseldorf Local Division of the UPC ruled that Disney infringed an InterDigital patent covering video encoding techniques related to High Efficiency Video Coding (HEVC). The court also confirmed the validity of the patent. The injunction covers 11 EU countries, including France, Germany, and Italy. Disney has the option to appeal the decision.
This is the second HEVC encoding-related injunction InterDigital has received from the UPC against Disney. Additional injunctions have been issued by national courts in Germany and Brazil related to Disney's alleged infringement of InterDigital patents covering high dynamic range (HDR) technology, dynamic overlaying of multiple video streams, casting video content across devices, and compression technologies related to HEVC and AVC.
"Encoding for HEVC is a key component of the high-quality, premium viewing experience that streaming companies like Disney use to justify higher subscription prices," said Josh Schmidt, Chief Legal Officer of InterDigital. "InterDigital has invested heavily in the development of advanced video encoding technologies and we remain committed to receiving a fair return for Disney's ongoing use of our patented innovations."
The information in this article is based on a press release issued by InterDigital.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Allurion Technologies CEO resigns, COO to oversee operations
- (ECBK) Tops Q2 EPS by 39c
- Oracle wins $6.99B DoW software contract under ESI program
Create E-mail Alert Related Categories
Corporate News, LitigationRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share