VVS Virtual Video Systems (Canada) Inc. has made plans to divest its patent portfolio in the VOD space, hiring U.S. patent-brokerage firm Tangible IP LLC to coordinate the sale.

According to Tangible, the VVS patent portfolio is considered “a key building block to the architecture and deployment of current and next generation VOD services.”

“We believe that our patent portfolio will be of interest to any entity that wants to operate freely in this fast-growing segment while maintaining an exclusive differentiation over their competitors and/or by monetizing the IP themselves,” comments John Talbot, CEO at VVS. “We made the decision to offer those assets for sale instead and let the established players in the industry decide how they will best be deployed and shared. For those in this market segment, our patent portfolio will undoubtedly add real value to a company’s core asset.”

The main VVS patent — Video and Multimedia Distribution System — was filed in 2006; it describes a digital media content-on-demand hosting/delivery system for using an n-tier, multi-dimension, dynamic data technology to distribute digital content and to manage information to consumers. It comprises separate delivery and end-user systems with separate but compatible software.

The Daily

Subscribe
Friday–April 19

WICT Network Honors PAR Wins

A packed house turned out for The WICT Network ’s Signature Luncheon, celebrating 20 years of its PAR Initiative for measuring gender diversity in the industry. MSNBC ’s Stephanie Ruhle sat down for a

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Apr 25
2024 Cablefax 100 Awards Magazine Release: April 25, 2024
Jun 13
2024 American Broadband Congress Conference Registration is Open!
Jun 26
2024 FAXIES Awards Nominations Are Open!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact Rob Hudgins, [email protected], for more information.