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Disney Signs Intellectual Property License Agreement With DivX

DivX
(Image credit: DivX)

SAN DIEGO—Digital video tech provider DivX has announced that The Walt Disney Company, whose streaming services include Disney+, Hulu, and ESPN+, has signed an intellectual property (IP) licensing agreement with DivX.

DivX licenses its technology for video playback, and major consumer electronics brands have shipped 1.7 billion DivX-enabled devices worldwide. 

DivX also licenses its global portfolio of foundational video patents to leading consumer electronics and video streaming companies. 

The DivX consumer software has over 1 billion worldwide downloads and provides consumers the tools to play, convert and cast their content.

George Winslow is the senior content producer for TV Tech. He has written about the television, media and technology industries for nearly 30 years for such publications as Broadcasting & Cable, Multichannel News and TV Tech. Over the years, he has edited a number of magazines, including Multichannel News International and World Screen, and moderated panels at such major industry events as NAB and MIP TV. He has published two books and dozens of encyclopedia articles on such subjects as the media, New York City history and economics.