Adeia Inc. announced that its subsidiary has filed a patent infringement lawsuit against FuboTV Inc. and its subsidiaries. The company states the legal action was necessary to protect its intellectual property related to media technologies after being unable to reach a licensing agreement.
Key Details
- Lawsuit: Alleges infringement of four U.S. patents related to advanced media delivery and streaming technologies.
- Filing Location: The suit was filed in the United States District Court for the District of Delaware.
- Company Stance: CEO Paul E. Davis stated Adeia remains open to a resolution but filed the lawsuit to protect its IP, which is broadly licensed across the pay-TV industry.