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CECash Settles With Acacia
From avn.com:
LOS ANGELES - CECash has agreed to a licensing deal with Acacia Media Technologies for a group of streaming media patents Acacia owns but several adult entertainment companies say are either dubious or unenforceable. CECash was unavailable for comment as of July 2, but Acacia Media Research vice president Ron Berman told AVN Online.com he was more than pleased with the CECash deal, which runs through 2011 and could also mean substantial revenue for Acacia. "[CECash] is known as a pioneer in the adult entertainment industry and a very shrewd [company]," Berman said. "[They] obviously thought it was in [their] company's best interest to license our technology, and we are hopeful that other companies will follow his lead." Spike Goldberg of Homegrown Video, who also helped round up a group called Internet Media Protective Association earlier this year to help fight off the Acacia patent claim, said he wasn't going to hold "any animosity" toward anyone who does settle with Acacia, even if his company and those in his group were going to continue challenging the patents. "Everybody has to make their own decisions," Goldberg said. "I can't speculate on why [CECash] settled, but I can say we aren't settled. Any company that ends up settling with Acacia, it's like a personal choice?If it's something they feel they've got to do, that's something they've got to do. I disagree with these patents, we don't think they're valid, (the CECash deal) doesn't change anything we're doing." The actual terms of the CECash deal, including royalty schedules and rates, could not be disclosed, because of confidentiality agreements between CECash and Acacia included in the deal. But Berman did say that should the Acacia patents ultimately be ruled invalid or unenforceable, CECash and anyone else signing the licensing deals for the group of streaming media patents that Acacia refers to as Digital Media Technology (DMT) "would be relieved of the royalty payment obligations." He also said the CECash deal included waivers of previously-claimed infringements, though the confidentiality agreements also kept him from disclosing just what those might have amounted to in CECash's case. |
Damm this is not good :(
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No it is not , I hope they dont fold one by one:2 cents:
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:eek7
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I really hope Homegrown intends on sticking it out. |
ouch.... that's gonna leave a mark.
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sometimes it is better to sit back and see what happens.
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Maybe CE is holding out for the last part
"But Berman did say that should the Acacia patents ultimately be ruled invalid or unenforceable, CECash and anyone else signing the licensing deals for the group of streaming media patents that Acacia refers to as Digital Media Technology (DMT) "would be relieved of the royalty payment obligations." |
wierd in that the leader of the fight against Acacia is Homegrown whom are 'partners' with CE.
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i just lost a LOT of respect for CE
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Yeah, that's a real low blow to everyone fighting those frivolous lawsuits |
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Homegrown is still in the IMPA and the IMPA is still very actively addressing the matter very efficiently.
BradShaw: Unfortunately, in this case, those that sit back and take a "wait and see" approach are going to be the ones who are really hurt in this. Especially the ones who have recieved the infringement letter and did nothing but "wait and see". If you think that Acacia is not completely aware of who you are and what you are doing then I am pretty sure someone spiked your lobster. But, please excuse me, I don't mean to single you out. There are actually a ton of people that are RIGHT NOW taking the same RISKS with thier livelihood. Anyone that took the "wait and see" approach is now under notice and if they are doing something that is actually bound by the patent then they are WILLFULLY INFRINGING and the damage penalties are tremendous. The IMPA is working on handling this the "hands on" approach. If you want more information, then myself, Greg Clayman, or Spike would be happy to answer any questions. The IMPA has spent the time and money to really find out what is going on. The IMPA is the most prepared organization to address the validity of the patents in a proper, legal, professional context. |
Ouch.
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willfully infringing eh?
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HOMEGROWN IS NOT SETTLING. Every other company is welcome to do what they want to do or see as fit for their business. |
Far-L, if I made any $, I would be worried. But I am enjoying fishing, not working! It is just too hot to fish today!
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I don't belive that Homegrown will EVER give in! |
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I can only imagine the devastation that could wreck upon a company. The choices are quite clear... Pay the license which is a percentage of your GROSS... Or demonstrate that you are not infringing... Or invalidate the patents... All of these choices cost money, and only God and The Devil can tell anyone what will be the least expensive route to take. I am happy and resolved with our choices in the matter. |
In the Family we call this a "shake down"....
These guys are no different from Vlad and his extortion tactics. |
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You, are an idiot. |
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Damn... what a let down from CE :2 cents:
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Good luck to you guys Far-L :)
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CECash settled with Acacia for good reasons. If the patent is not invalidated, the volume that CE has done in the past would be open to 'patent infringement'. This could mean up to 5% for the past 6 years, this would be a tremendous financial burden, so CECash signed a licensing agreement.
This doesn't mean we don't want to invalidate the patent, it was a business decision. We will still stand financially behind those who are fighting the patent, which is lot more than we can say for most of the industry that has not been served with a lawsuit. Like a post by Far-L says above, those who think they're hiding from Acacia should think again. If they are not successful in invalidating these patents, everyone will have to pay for 'patent infringement' going back 6 years and run the chance they may not license you going forward, this is why CECash signed a license, it was business decision. Acacia holds these patents in 26 countries. So if you think you're not going to be impacted by this, think again. Either way, you should either sign a license or support those litigating the patent or do both. To stand on the sidelines, watching, doing nothing could land you in a world of financial hurt!! This is all that will be said by CECash on this matter. |
hmmm
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someone clue me in.. whats the patent on exactly?
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I wonder if they paid off CE to settle to that other companies would do the same?
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Damn.... it's definitely a terrible situation to be in, I can see why CE took the action they did. If acacia's patent isn't found to be invalid soon, other big companies that have done well in these past 6 years may have to follow...
still pretty unbelievable though.. :ak47: acacia |
But Berman did say that should the Acacia patents ultimately be ruled invalid or unenforceable, CECash and anyone else signing the licensing deals for the group of streaming media patents that Acacia refers to as Digital Media Technology (DMT) "would be relieved of the royalty payment obligations."
Yea and do they get thier money back too or are those millions swallowed up. Id be interested in what Microsoft has to say about all of this as Im pretty sure they had streaming video before anyone else. Im wondering if Microsoft has paid any royal;ties for a license, and if not, then NO ONE else should. I think CE cash got punked into paying. |
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Did everyone miss the part where Ron said he was still financially supporting IMPA?
Or did I just imagine he said that? |
:disgust
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What do the big boys have to say about this? (Im talking MS, Quicktime, RM)
Is it that Acacia are not stupid enough to go after them? In which case they must have something to fear. |
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Yet another fucking idiot. |
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The company is entirely lawyers - there's no product, no staff other than the lawyers who make up the board.
Wouldn't it be cheaper just to have them all killed? |
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FUCK THESE FUCKERS!
im sending all my cash to a son of a govt member in Poland, come touch me any of u fuckers muauaha, FUCK TAXES, FUCK ACACIA FUCK EM! |
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Those guys were almost bankrupt with reported income under $1 million last year...way way down from their peak. Nice job guys, you just made it easier for them to keep fucking the rest of us. |
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Oh Mr. Anonymous. You keep hiding and slinging bullshit.. ** If there is one thing I hate, it's a fucking pussy that turns and runs from trouble like this. ** Running? I call it keeping one step ahead and smart business.. But you seem to know it all. Right? |
I hope CECash is still going to give money to fight the patent, but they apparently also just gave money and credibility to the people who they say they are going to help fight against.
If Larry Flynt had the same attitude as CE, many on this board would probably be working at McDonalds right now. |
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