Acacia Lowers Academic Royalties Demands

Law360, New York (September 8, 2004, 12:00 AM EDT) -- Facing a slow response to its initial requests for royalty payments, Acacia Technologies has sent letters to universities and schools with a lower proposed licensing fee for the company’s controversial streaming video patents.

Under the original proposal, Acacia had demanded a minimum payment of $5,000 from any school that uses streaming video or audio for "educational purposes," including online and traditional courses, virtual campus tours, sporting events, and promotional spots for prospective students.

The latest proposal reduces the annual minimum fee to $1,000 and provides schools...
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