The patents have strong priority dates and there is a lot of adoption by current media streaming systems.
Portland, OR (PRWEB) November 06, 2012
Global Technology Transfer Group, Inc. (GTT Group) announces the availability of the Media Streaming Patent Acquisition Opportunity related to audio and video streaming technologies.
The Media Streaming Patent Portfolio contains 3 issued US patents that relate to consumer electronic devices enabling streaming content, content delivery networks, video on demand and asymmetrical communications. The technology is being utilized in common devices such as tablets, smartphones, PCs, digital media receivers and set top boxes.
The Media Streaming Patent Portfolio offers a unique opportunity for companies looking to acquire early filed patents broadly applicable to many modern entertainment devices used by consumers. Each of the patents in the portfolio has a very early priority date for the relevant technologies.
One patent in the portfolio covers a system for downloading and playback of information and entertainment services such as video and audio content. Video and audio streaming has experienced rapid growth over the last few years. Popular audio streaming site Pandora boasts over 36 million active users. With 61% of the market, Netflix has over 25 million video streaming subscribers. Part of the growth of these services is attributed to consumer electronic devices including media streaming functionality. Most modern day smartphones, tablets, PCs, gaming consoles and set top boxes are connected to a number of media distribution networks to access content from multiple providers.
Another patent relates to interactive TV networks, including cable and satellite TV services such as Video on Demand (VoD). VoD enables cable subscribers to access content at their convenience as opposed to being limited to standard television programming schedules. Over 60% of cable subscribers access VoD on a monthly basis.
“We’re excited to be working on another great portfolio in the media streaming market,” said GTT Group Chairman and CEO Michael Lubitz. “The patents have strong priority dates and there is a lot of adoption by current media streaming systems.”
GTT Group has prepared evidence of use materials to illustrate how the patents have been adopted by major market participants. The materials provide insight into the significant licensing potential of the Media Streaming Patent Portfolio. The evidence of use materials will be made available to interested parties under non-disclosure and non-notice provisions.
GTT Group will be approaching potential buyers and providing materials explaining the strategic advantages of acquiring the portfolio. In addition, GTT Group’s experts will be available to discuss the strengths of the patents and evidence of use in the market.
To receive more information about this opportunity, please contact Andrew Godsey at Global Technology Transfer Group, Inc.
About Global Technology Transfer Group, Inc.
Global Technology Transfer Group, Inc. is a patent transaction advisory and consulting firm, which combines core competencies in patent valuation with its global network to deliver unparalleled results. GTT Group’s services include Patent Valuation, Patent Brokerage, Patent Acquisition, Patent Licensing Support, Wireless Related Standards Review, and Patent Research & Strategic Analysis. The company’s corporate headquarters are in Portland, Oregon, with representation in North America, Asia, and Europe.
For more information, visit GTT Group online.