InterDigital Inc (IDCC) News

Access Advance Announces Video Distribution Patent Pool in Response to Market Demand
Pool Covers Internet Streaming of the HEVC, VVC, AV1, and VP9 Video Codecs in a Single License

January 16, 2025 06:00 PM Eastern Standard Time

BOSTON--(BUSINESS WIRE)--Responding to growing market demand for an industry solution for codec licensing in the video distribution market, Access Advance LLC (“Advance”) is pleased to announce the launch of its Video Distribution Patent (“VDP”) Pool.
The VDP Pool will build upon the success of Advance’s existing HEVC and VVC Advance Patent Pools, which are supported by a substantial majority of video codec implementers and patent owners. It will provide a single one-stop-shop license, covering internet streaming with all four of the most recently developed video codecs (i.e., HEVC, VVC, AV1, and VP9) available today, with fixed tiered pricing scaled to the size of the video distributor’s business. This structure provides simplicity and predictability to internet video distributors, allowing them to choose which codec(s) to use based on technical and business merits rather than royalty costs or the need to negotiate multiple licenses.
According to Peter Moller, CEO of Advance, “In recent years, the industry has increasingly sought to license video codec patents directly to content streaming providers, which have benefitted tremendously from their use of patented, efficient video codecs. Advance has been approached by market participants, from both internet video distributors and patent owners, who believe we are uniquely positioned to achieve a rapid aggregation of patents to clear substantial IP risk while establishing a framework for fair and reasonable rates.
Our patent pool approach not only balances the interests of both internet video distributors and patent owners but also takes into account the many different business models for internet video streaming. We expect our pool will quickly gain market support and help prevent the alternative of significant market disruption: litigation (where injunctive relief and large damages may be sought), and slower or stalled market adoption and innovation in video codecs due to fear and uncertainty over royalty rates.
With regards to royalty rates, we have met with many internet video distributors and patent owners over the past year to review and seek input on the program. Nevertheless, to prevent any confusion, we plan to dedicate the next two to three months to further engage with interested market players before announcing the rate structure to the public.”
The VDP Pool also offers substantial incentives for internet video distributors and patent owners that join the program on or prior to June 30, 2025. We encourage every market participant to learn more about the program, including available incentives and discounts, by emailing us at licensing@accessadvance.com.
About Access Advance:
Access Advance LLC is an independent licensing administrator company formed to lead the development, administration, and management of patent pools for licensing essential patents of the most important standards-based video codec technologies. Access Advance provides a transparent and efficient licensing mechanism for both patent owners and patent implementers.
Access Advance currently manages and administers the HEVC Advance Patent Pool for licensing over 25,500 patents essential to H.265/HEVC technology, and the separate and independent VVC Advance Patent Pool for licensing essential patents to VVC/H.266 technology. The HEVC Advance Patent Pool and the VVC Advance Patent Pool are elements of the Access Advance Video Codec Platform Initiative that seamlessly incorporates HEVC and VVC technologies into a single discounted royalty rate structure through the Multi-Codec Bridging Agreement for eligible Licensees whose products include both HEVC and VVC codecs. This innovation responds to the market’s desire for an even more efficient next-generation pool licensing structure. For more information, please visit www.accessadvance.com.
Contacts
Jonathan Karush+1.617.460.7815

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From Copilot:

The specific companies that have joined the Access Advance Video Distribution Patent (VDP) Pool have not been publicly disclosed yet. However, the pool is expected to include a substantial majority of video codec implementers and patent owners who have supported Access Advance’s previous HEVC and VVC patent pools1.

For anyone who follows technical trading, we had a gap from 11/5 at 169.86 that closed today. Hopefully that helps fuel a turnaround in the recent price.

I think we are in the hands of the shorts until earnings are announced. At which time we get some guidance on the Oppo settlement and Samsung arbitration license agreement. Until then hold on for a rough ride. 

If the IDCC trading were a ship on the ocean, it would be riding out some monster waves. 

I keep hearing rumors that Trump is soon to strictly reign in the practice of short selling U.S. companies. Short selling does not fit his "America First" narrative. It can't come soon enough - as far as I am concerned!

Tomcat

The downward manipulation of our stock price is certainly disappointing considering the projected earnings and future projects look so promising. The last thirty years of owning IDCC has been euphoric and panic from one week to the next. What a ride......so far !

The following is worthy of reposting.

IDCC 2024 full year revenue projection in last sentence. I said about $800 million in my prior post. IDCC says $860 million. 

InterDigital Announces Financial Results for Third Quarter 2024
Company delivers Q3 results above the top end of outlook and raises FY 2024 guidance
WILMINGTON, Del., Oct. 31, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company, today announced results for the quarter ended September 30, 2024.
"In the third quarter we delivered revenues of about $129 million, exceeding the top end of our guidance, driven by a strong performance from our consumer electronics and IoT licensing program," commented InterDigital CEO and President Liren Chen. "In addition, at the start of the fourth quarter, we announced a new license agreement with OPPO Group, a top smartphone vendor, and a binding arbitration agreement with Lenovo. Given the increasing momentum across the business, we are raising the midpoint of our 2024 full-year revenue guidance by $145 million to $860 million

For so many times, IDCC didn't react in the past as the market did, and this one will probably not be the last. No matter what the shorts are doing. We just need news more often to move (or keep) the price up. Volume is still low. 

IDCC is the only stock I monitor that is red. It is time to burn these shorts. 

lumpy scroll around on the main page of the website

Paullee , here is the Needham Powerpoint presentation.

https://s25.q4cdn.com/626766191/files/doc_presentations/2025/Jan/14/Needham-Presentation-Final.pdf

my3 i went to the page at interdigital.com and could not locate the article, was there a trick you use to find it , thanks in advance

Is this just shorts at work or what? 30 points down in about two weeks.

anyone list to the Needham call?

Would be great if the company would give us guidance for earnings.  Would stop this manipulation to the down side.

The shorts have moved in on IDCC for a number of trading days and are inflicting serious price suppression before earnings and release of any positive news.

May they burn in the future.

IDCC Short interest: 2.28m shares as of 12/31/24. Down from 2.73m.

Ouch! What a week. The shorts/MMs had IDCC by the ba$$s. Looking forward to next week with some good financial news at least about the Samsung arbitration results announced before the Needham Growth Conference on Tuesday, January 14, 2025.

Everyone should read the full article at interdigital.com.


InterDigital Insights for 2025JANUARY 9, 2025 / POSTED BY: INTERDIGITAL COMMSWith a new year ahead of us, InterDigital experts Milind Kulkarni, Head of Wireless Lab, Lionel Oisel, Head of Video Lab, and Jaideep Chandrashekar, Head of AI Lab, share their predictions for the trends and milestones in 2025.What’s in store for wireless in 2025?Milind Kulkarni, Head of Wireless Labs

Okay Sisyphus keep pushing that rock back up the hill. Not that much difference in volume from yesterday to today

Conference is on Jan 14, not today.

Any news out of the Conference?

Golden patents??

Thanks - Tomcat

InterDigital to Present at 27th Annual Needham Growth Conference
January 08 2025 - 8:00AM

InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that the company will be presenting at the 27th Annual Needham Growth Conference on Tuesday, January 14th, 2025, at 4:30 PM ET.
The event will be webcast live and an archived replay of the presentation will also be available following the conference. For more information, please visit the Investors section of the company’s website closer to the event.

About InterDigital®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
investor.relations@interdigital.com
+1 (302) 300-1857

Also waiting on Samsung arbitration. I hope nothing leaked there that tanked the stock the last two days.

Gamco u are correct that the U-blox FRAND case in Delaware is still around. I am not sure how a FRAND decision will go. But U-blox should be sent packing in my opinion.

U-Blox litigation is still kicking around in some court.

Monterey we are a team all in IDCC together.

I have no proof or insight but the stock is being worked for shares before the Oppo settlement and Samsung arbitration news. 

Think some shorts were covering today?

My3sons, thanks for the correction on OPPO

Lenovo agreed to mediation, so as it presently stands Tesla is the only one running around in the courts. As I see it  Tesla cannot only sue IDCC for a rate for all Avanci member licenses.

Rooster, Oppo is not going to arbitration. They have signed license with IDCC, see the following.

InterDigital signs license agreement with OPPO GroupCompany Release - 10/29/2024WILMINGTON, Del., Oct. 29, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it has signed a new license agreement with OPPO Group. The agreement covers OPPO, realme and OnePlus branded mobile devices worldwide.As part of the agreement, both parties have agreed to dismiss all pending litigations between them.

InterDigital, Inc. (IDCC) is currently at $186.70, down $15.07 or 7.47%

--Would be lowest close since Nov. 21, 2024, when it closed at $183.42
--On pace for largest percent decrease since April 1, 2024, when it fell 8.56%
--Currently down two consecutive days; down 8.18% over this period
--Worst two day stretch since the two days ending April 2, 2024, when it fell 9.3%
--Down 3.62% month-to-date
--Down 3.62% year-to-date
--Down 8.18% from its all-time closing high of $203.33 on Jan. 3, 2025
--Up 78.03% from 52 weeks ago (Jan. 9, 2024), when it closed at $104.87
--Down 8.18% from its 52-week closing high of $203.33 on Jan. 3, 2025
--Up 95.17% from its 52-week closing low of $95.66 on April 18, 2024
--Traded as low as $186.70; lowest intraday level since Dec. 20, 2024, when it hit $186.68
--Down 7.47% at today's intraday low; largest intraday percent decrease since April 1, 2024, when it fell as much as 8.7%


All data as of 3:12:32 PM ET


Source: Dow Jones Market Data, FactSet


(END) Dow Jones Newswires
January 07, 2025 15:14 ET (20:14 GMT)

Just spitballing. It could also be the nasdaq was down bad and we just went with it

It fills some gaps. I am not concenred at all as it technically healthy. 

if we see a large block on the tapes in after hours it sure is a MM covering a large short , taking out stop losses and weaker hands....would be nice to have vegas options weigh in on this....this is the worst drop i have seen in idcc in all the years of owning it

What case would that be? Lenovo and Oppo have both agreed to arbitration and ending all legal proceedings. Samsung arbitration results could be announced this month. I believe the Tesla vs IDCC/Avanci case just got started.

Wouldn't IDCC be required to disclose it right away?

Hope not! 

Could be bad news from court

Thieves!

And just when I thought the roller coaster ride of a stock price was about over.
WTF !
MD

is this all stop loss positions being taken down ?....amazing how the MM can crash the stock with relatively low volume

Yep, low volume take down

….because they can.

Why?

Thanks!

Tomcat

Cat: arrest is definitely the wrong word. The IPhone  changed my word. I was more positive regarding my post related to the earnings.

I don't understand your post!

Positive developments don't normally arrest revenue!

Please explain.

Tomcat

From IDCC website

Deep Video and M2M Compression

Efficient video compression is critical for the storage and transmission of growing video content, especially as deep learning-based approaches have quickly caught up with traditional approaches for image compression. InterDigital is a leader in the design of disruptive video codecs based on deep learning techniques. Building on top of its open sourced library CompressAI, Interdigital also offers solutions suited for interpretation by other neural networks or machines, like IoT devices.

From the IDCC website

Our portfolio related to HEVC includes around 2,200 patents and applications while our portfolio related to VVC totals approximately 3,800. We also have a significant number of AV1 and VP9 patents and pending applications. As in wireless, the quality of our video portfolio is also recognized by third parties. According to analysis carried out using LexisNexis’ PatentSight tool, our video coding portfolio is among the top five highest quality of all major patent owners in the space(2).

At a time when wireless and video are converging and when video accounts for a growing share of internet traffic, we believe that our strength in both technologies makes our innovation leadership only more compelling. Through our research we can optimize end-to-end solutions for device manufacturers and service providers across different layers of technologies, meaning that our innovation is central to an expanding universe of connectivity.

Along with our leadership in wireless and video, many of our engineers are recognized leaders in AI, and more specifically in the application of AI to help solve changes in video coding, wireless communications and other related technologies. Our history of AI research stretches back more than 30 years including early work on the application of neural networks to image and signal processing.

IDCC's has a number of positive news announcements pending that are already realized but yet to be announced that will arrest revenue.

Any technological wins and advancement will be gravy. jmho.