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DVD6C Wins $4.4 Million DVD Royalty Arbitration

The DVD6C Licensing Group announced that its authorized licensor, Toshiba, has won an arbitration to collect royalties due under the DVD6C patent license from ChangZhou Xingqiu Electric Co., Ltd. (China).

According to the statement, the arbitral tribunal awarded Toshiba more than $4.4 million in unpaid royalties (reported, unreported and underreported) and interest as well as continuing interest at 2% per month until the award is paid in full.

As a matter of background, the DVD6C Licensing Group (DVD6C) is a patent pool formed by nine developers of DVD technology including Hitachi, Mitsubishi Electric, Panasonic, Samsung, Sanyo Electric, Sharp, Toshiba, JVC, Time Warner.

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