Adeia Renews Multi-year IP License Agreement with Paramount
Adeia Inc. (ADEA)
Company Research
Source: GlobeNewswire
SAN JOSE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Paramount has renewed a multi-year license agreement for Adeia’s media intellectual property (IP) portfolio. Paramount+ continues to be one of the fastest growing streaming services and in the third quarter of 2023 Paramount+ reported over 63M subscribers. Beyond its strong subscription operations, Paramount is also well positioned in the ad-supported sector of streaming video. Pluto TV, the company’s free ad-supported TV (FAST) service, remains a global leader in FAST. “The mix of subscription and advertising-based streaming services offered by Paramount provides consumers with an array of options for engaging with digital entertainment in a constantly changing economic landscape,” said Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media. “This renewal ref
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ADEA
News
- Adeia Wins “Achievement in Shoppable TV” Award at TV of Tomorrow Show with “Clickable Video” InventionGlobeNewswire
- Adeia Enters into Long-Term IP License Agreement with Astound BroadbandGlobeNewswire
- Adeia Enters into Multi-year IP License Renewal with AltimediaGlobeNewswire
- Adeia Inc. (NASDAQ: ADEA) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $16.00 price target on the stock.MarketBeat
- Adeia Enters into IP License Agreement with Magenta TelekomGlobeNewswire
ADEA
Earnings
- 2/20/24 - Beat
ADEA
Sec Filings
- 5/2/24 - Form 4
- 3/27/24 - Form ARS
- 3/27/24 - Form DEFA14A
- ADEA's page on the SEC website