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-   -   Acacia Formalizes Class Action Bid Against Adult Net (https://gfy.com/showthread.php?t=275074)

TheLegacy 04-26-2004 10:10 AM

Acacia Formalizes Class Action Bid Against Adult Net
 
NEWPORT BEACH, Calif. - Formalizing a move they first began in December, Acacia Research Corp. has filed in federal court to create a single class of defendants to cover all adult Internet companies it claims infringing its Digital Media Transmission group of streaming media patents.

Adult Check parent Cybernet Ventures has been named the class representative, with Python Video parent Global Media possibly being dropped as the co-class representative, since reports indicate the latter was not mentioned in that regard in this week's filing.

Goldberg said the class action filing made it "very apparent that Acacia is moving away from their boisterous stance against the online industry, and are focusing now on cable." Earlier this week, Acacia announced its technologies group produced $599,000 in revenues in the first quarter of the year, and the company focused on DMT licensings involving mainstream streaming media users like CinemaNow, Disney, General Dynamics, LodgeNet, and Virgin Radio, among others.


http://www.avnonline.com/issues/2004...042304_2.shtml

jojojo 04-26-2004 10:16 AM

how long before any of this is resolved and we know what the bottom line is?

dropped9 04-26-2004 10:17 AM

Quote:

Originally posted by jojojo
how long before any of this is resolved and we know what the bottom line is?
With the way the system works, its gunna be a while..

AMADude 04-26-2004 11:25 AM

I would venture to say that Acacia is spending way more on attorneys than they are making in licenses.

RicardoB 04-26-2004 11:33 AM

I just hope Spike has the stamina to ride it out and together with the other defendands will crush those clowns

SykkBoy 04-26-2004 12:06 PM

Quote:

Originally posted by TheLegacy
Earlier this week, Acacia announced its technologies group produced $599,000 in revenues in the first quarter of the year, [/url]
Geez, they could have done better than that by building a bunch of porn sites and email spamming AOL.


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