NYSE:DISEntertainment
A Fresh Look at Disney (DIS) Valuation After Brazilian Court Ruling on Patent Dispute
Walt Disney’s latest headline grabber is a legal development that may have investors taking a closer look at the media giant’s future costs. A court in Brazil has granted InterDigital a preliminary injunction against Disney over alleged infringement of two patents tied to video coding technology. This ruling carries additional weight because of the expert report backing InterDigital and the court’s finding that InterDigital is not required to license the technology on RAND terms. This could...