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Online Learning News and Research
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Wednesday, October 19, 2005
Schools offered new video royalty deal - Corey Murray, eSchool News
Acacia Research Corp., the California-based company that claims it owns a patent covering all streaming video and audio technology, says it has reached an agreement with university attorneys that opens the door for schools to begin paying royalties on their distance-education programs and other applications where these technologies are used on campus networks. The Oct. 12 announcement represents a change in stance for the university community, which had shown little interest in two previous licensing agreements proposed by the company. The accord is the first sign that the contentious two-year battle between higher-education institutions, which argued that royalty payments could bankrupt fledging distance-education programs, and Acacia, which claims it has a right to profits reaped as a result of its patented technology, is nearing an amicable resolution.
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