Disney Appeal Halts Digital Domain 3D Patent Sale

Disney has been temporarily granted a request to halt Digital Domain Media Group’s sale of 3D conversion patents. Disney has claimed that the proposed $5.4 million sale would infringe on its licensed ability to convert films from 2D to 3D and could make the company vulnerable to lawsuits. On Monday, Judge Brendon Shannon granted the media giant a 45-day stay of his order that had previously approved the sale; last week, Disney filed an appeal against the sale in federal court. Today’s order allows Disney’s federal appeal to go forward. It also allows the outcome of that appeal to not be rendered irrelevant if a sale  occurred before the courts had reached a conclusion. In the interim, Disney will have to put up a $5.4 million bond to cover the projected patent sale fee. (more…)

This article was printed from https://deadline.com/2013/01/walt-disney-company-appeal-digital-domain-3d-lawsuit-398521/