Adeia Inc. announced a long-term intellectual property (IP) license agreement with Altice USA, operating as Optimum, a major broadband and video service provider in the United States. This agreement supports Optimum’s services, including internet, cable television, and over-the-top (OTT) streaming platforms. The deal ensures subscribers enjoy advanced content discovery and navigation experiences.
A key aspect of this agreement is the resolution of all outstanding litigation between Adeia and Altice USA. Dr. Mark Kokes, Adeia’s chief licensing officer for media, emphasized that Adeia’s media IP portfolio enables pay-TV providers to deliver personalized media experiences through innovations in content discovery, search, and recommendations. This agreement highlights the ongoing value of Adeia's IP portfolio in enabling seamless media experiences.
Adeia’s extensive IP portfolio allows service providers like Optimum to offer cutting-edge features such as advanced content recommendations, voice search, and personalized viewing experiences. This long-term agreement reinforces Adeia's market position with a significant U.S. provider and eliminates the uncertainty and expense associated with ongoing legal disputes.
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