Stingray has agreed to pay Music Choice US$13,250,000. The Agreement settles all United States patent and other litigation between the two companies (Music Choice v. Stingray Digital Group Inc. / 2:16-cv-00586-JRG-RSP/ United States District Court for the Eastern District of Texas Marshall Division). Stingray reaches 400 million subscribers (or users) in 156 countries. Stingray has agreed to pay Music Choice US$13,250,000. Cloud to Cable is clearly a non-infringing alternative to Music Choice patents for SVOD and Linear distribution of music and tv content to MVPDs, 4G, 5G,  ATSC 3.0, and Satellite systems. Stingray has walked away from acquiring rival Music Choice. This case has been analyzed by our experts from two angles: On February 4th, 2020,  Music Choice announced that has settled the case for around $13.3M, right before an important hearing, and a few weeks before a potential trial date set for March 3rd, 2020. The Agreement settles all United Statespatent and other litigation between the two companies (Music Choice v. ♠ Damages Report, challenged by Stingray, with a multi-million dollar award was going to be accepted by the court, ♠ Trial was going to be conducted and all other defenses denied. Music Choice’s patent infringement suit demanded an injunction that would bar Stingray from using patented Music Choice technology in its products … ♠ I still believe that Music Choice’s slashed patents by PTAB might have some light in appeal. All rights reserved. Several months ago, Stingray made an unsolicited offer to acquire rival Music Choice. The other half is … Pull an all-nighter. Stingray believes that Music Choice’s actions are a desperate attempt to disrupt how enthusiastically customers have embraced Stingray’s innovative product offering alleging infringement of certain claims. We are computer engineers and experts that acn assist your company! Stingray is the world leading music service provider offering the best music for every moment: discover Stingray Music, Karaoke, and more! Our focus is to bring our media products to mobile, MSOs, and broadcast content in all forms from SD to 4K. Our analysis on this case was precise, accurate, and demonstrates, EGLA CORP’s expertise in technical and damages analysis of Patent and Intellectual Property cases. Obviously, they could have spent some litigation costs, but the main reason to arrive to $13M is because Dr. Ugone’s damages report was requesting $23M, at the very least, plus punitive damages (likely), and other unforeseen expenses. We believe Stingray is well-positioned to continue as the supplier of choice in the United States for curated B2B and direct-to-consumer services.”. Music Choice is in 72 million American households. Browse by activity, mood, genre, era, or theme. All about tech, interv… https://t.co/yBmlXiQPTd, Our founder was invited to this event at the #MWC in Barcelona, great talk on Media & 5G, @CloudtoCable is ready fo… https://t.co/udfbzYbLUr, Companies are leveraging the speed of #5G and #lowlatency for #robotics #ai #cloud #edgecomputing and many other fa… https://t.co/BeBDRpU5Oc, More cool stuff from @TECHEDTV #biobeat #israel https://t.co/Ibgq4yr5vN https://t.co/Ibgq4yr5vN, Assisted Cases: Expert Witness & Damages Expert, Our Team | Consultants and Expert Witnesses, https://finance.yahoo.com/news/music-choice-stingray-group-inc-175000607.html, Music Choice vs Stingray Settlement – Accurate Analysis by EGLA, ♠ Technology Aspects of Infringement and Validity. Stingray would have been in a better position to negotiate if it would have presented a non-infringing alternative to Music Choice’s patents, decreasing the damages to reasonable royalty instead of loss profits. “Music Choice would benefit greatly from joining forces with Stingray, given that we are well positioned to expand and build Music Choice’s product portfolio and distribution in the United States and around the world. Montreal-based Stingray said it filed, on Tuesday, an answer and counterclaim against the Music Choice lawsuit in U.S. … Montreal-based Stingray Group Inc. (TSX: RAY.A; RAY.B) is a leading music, media, and technology company with over 1,200 employees worldwide. Among some links: [1]. 751 Park of Commerce Dr. #128, Boca Raton, FL, 33487. Tune in to channels in all genres curated to soundtrack all the moments that matter. Streaming music ad-fee, 24/7. In 2015, Music Choice sued Stingray for patent infringement after AT&T U-verse dropped Music Choice in favor of the Canadian company. Half of that amount was paid to Music Choice on February 3, 2020. The patents in dispute are U.S. Patent Nos. ♠ Stingray IPRs was not going to be super successful, as the PTAB judges were not fully convinced with the arguments. The other half is payable February 15, 2021 with 2.5% interest. Clearly, Cloud to cable  demonstrates how important having a set of patents is, instead of spending $23M and who know how many hours of depositions, discovery, and other potential issues that are derived from litigation. and at edwinhernandez.com  that: It is unknown, what are the consequences and other agreed terms reached by Music Choice, but the issues on settlement were not the monetary terms, but “others.”  We ignore those details, but after making a $120M offer to Music Choice, paying 10% of that amount for a license implies that potentially other terms will require Stingray to  be affected elsewhere for that represent a gain to Music Choice. Stingray Digital Group said it has filed counter claims against Music Choice, the rival music-over-multichannel programmer that, in June, sued Stingray for patent infringement after getting dropped by AT&T U-verse in favor of Stingray Music. [2]. EGLA CORP dba EGLA COMMUNICAITONS is a Florida-based tech company with a consulting division and the creator or Cloud to Cable, the platform that merges the worlds of cloud and Cable TV. Stingray Abandons Plans to Acquire Music Choice 2019-01-02 Montreal, January 2, 2019 – Stingray Group Inc. (TSX: RAY. Really the laundry mat on the classic R&B channel? Source: https://finance.yahoo.com/news/music-choice-stingray-group-inc-175000607.html. Fill your home with Music. Music Choice vs Stingray Settlement arrives right before trial. AT&T Directv needs to return to Sonic Tap. The service will be available at the end of April 2013 with 10 commercial-free channels to start with. As, we reported before, GT charged Stingray digital over $9M in legal fees for their defense in this patent case, including IPRs and other court proceedings. Start your free trial today. An IPR was filed a few months ago by Stingray to challenge the validity of Music Choice’s patents. Stingray Music is a Canada-based international multi-platform audio service that broadcasts continuous streaming music and other forms of audio on multiple channel feeds. Discover new music and listen to all your favorite throwback songs. While a song is playing on the audio, channel name, artist, song, Stingray's web address and genre-themed clip art are displayed on every music channel. Canadian digital platform Stingray has made an unsolicited offer to buy U.S.-based TV music platform Music Choice for $120 million. Listen to channels expertly curated for all of life's moments on all your devices. Listen now Entertain like a pro. ), a leading music, media, and technology company, today announced that its previously-announced endeavors to … Stingray Music (formerly Music Choice) is a multilingual digital music pay radio service based in Germany, the Netherlands and the United Kingdom, owned by the Stingray Group, and is currently available in 17 countries across Europe and the Middle East. For more information: www.stingray.com. Stingray digital indicated in their 3rd quarter financial report that no disruption was expected in current US operations – Source: Stingray – Financial Report – February 5th, 2020. Music Choice has lost many customers to Stingray Digital, and Music Choice has been the main provider of “Music for Cable TV” in the United States for decades. Stingray does not intend to make any additional comments regarding this matter. The service is owned by Stingray Digital.. PissedConsumer1638920 Jan 31, 2019 #1638920. Senior Vice-President, Marketing and Communications, © 2014 Stingray Media Group. Tune out the boss. Stingray Music channels on TV are offered through an immersive and interactive TV app or as audio channels with on-screen enhancement. The other half is payable February 15, 2021 with 2.5% interest. Stingray made its unsolicited $120 million offer for Music Choice in August. The case between Music Choice and Stingray Digital had a major update. Now the best day for Stingray, as their stock was traded at TSX (Toronto Stock Exchange) at $7.10/share around Jan 8th, and today was traded at the close at $5.93/share. B. Canadian digital platform Stingray has pulled its $120 million offer to acquire U.S.-based TV music platform Music Choice. STINGRAY®, ALL GOOD VIBESTM and other related marks and logos are trademarks of Stingray Media Group in Canada, the United States of America and/or other territories. Privacy PolicyTerms and Conditions. Stingray intends to vigorously defend itself against this action. "Stingray Music Channels" are awful and not worth the time trying to change from one genre to another. Half of that amount was paid to Music Choice on February 3, 2020. The company filed the lawsuit against Stingray Digital in the U.S. District Court for the Eastern District of Texas in June 2016 over patent infringement. B. That’s roughly $50M in  4 weeks a of substantial decline in market cap. ! In summary, on November 11th, 2019, we posted a few very accurate points that predicted this outcome. Create the perfect soundtrack for every occasion. Montreal, January 2, 2019 – Stingray Group Inc. (TSX: RAY. Unknown to us, is why Stingray just didn’t license our patents? The app is available to U-verse TV customers with U-verse High Speed Internet on channels 531/1531 or by selecting Go Interactive on a U-verse TV remote. “While we continue to see benefits in a combination of Music Choice with Stingray, we are extremely confident in our strategic direction and are excited by the significant opportunities before us,” said Eric Boyko, President, Co-Founder and CEO of Stingray. Music Choice (abbreviated as MC) is an American television music service that digitally broadcasts audio-based music channels and video-related content to cable television providers in the United States. Stingray has agreed to pay Music Choice US$13,250,000. Music Choice reaches 65 million households in North America via linear television channels and tv-on-demand services. Music Choice was fanatastic, Stingray absolutey sucks, in every respect. Their empire covered COMCAST, AT&T, Spectrum (Time Warner), Verizon, … Yahoo finance reported: Stingray has agreed to pay Music Choice US$13,250,000. Music Choice cited four patents it said were infringed on, including ones that cover Music Choice’s onscreen technology that includes music and song-related visuals and facts. Stingray is a premium provider of curated direct-to-consumer and B2B services, including audio television channels, more than 100 radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps, which have been downloaded over 101 million times. !… https://t.co/KGpgD2wxKa, TECHDEDTV Subscribe to our channel in instagram, twitter, follow us on YouTube as @techedtv. Stingray, the leading global provider of multiplatform musical services for Pay TV operators, and AT&T* U-verse®, announced the launch of Stingray Music, a new music app available on U-verse TV. Certainly going into trial after spending $9M in legal fees, maybe having to allocate $3-5M in time for a new set of attorneys to get up to speed with a case in 30 days, represented higher risk. If you add the settlement amount to the legal fees a total of $21M in losses will hit Stingray Digital’s balance sheet. In 2015, Music Choice sued Stingray for patent infringement after AT&T U-verse dropped Music Choice in favor of the Canadian company. Watch your favorite music videos at home on your tv or take us on the go with the Music Choice … Montreal-based music service Stingray Group said it has abandoned its attempt to take over rival Music Choice, while at the same time announcing a carriage deal with cable operator Altice USA. Stingray and Music Choice have a long history. I listened to the Rock Music Choice channel 5113 which is 'current' rock music - nothing compared to what Stingray considers rock music. Our web player offers an easy, breezy way to stream music online. Stingray and Music Choice have a long history. Half of that amount was paid to Music Choice on February 3, 2020 . music play. Music Choice has few selections and is inferior. A; RAY. Besides demonstrating our expertise as expert, our creativity and ingenuity has brought a patent portfolio that demonstrated its value. Stingray Music is curated for all the moments that matter to you. It has asked for an injunction preventing Stingray from using patented Music Choice technology in its products and services and also wants unspecified payments for damages. * Listen now. AT&T Directv should consider returning to "Sonic Tap" or "Sirius Music" or proceed to carry "Stingray Music. On tv. A; RAY. Stingray Music transforms your TV into your personal jukebox. Lorem ipsum dolor sit amet, consectetur adipiscing elit, Wishing you #happynewyear #happynewyear2020 #FelizAnoNuevo2020 Success, Innovation, Health, Blessings, Family! Music Choice had claimed that Stingray’s service included digital audio music and video-on-demand features that infringed on its patents, features that Stingray enhanced after getting access to confidential information during talks about possibly buying Music Choice in 2015. Obviously, there is no more hearing and no more trial. [3]. Stingray Digital continues its expansion in Europe Stingray Digital, a Montreal-based provider of music services to multi-channel operators, announces the return of the Music Choice music service as part of TalkTalk’s Youview TV offering. This was the last straw for me, goodbye Optimum. Stingray generates about $30M in revenues per year from the US Market, and likely at a loss or no profits, as court proceedings indicated that Stingray charged way under the price of what they would be paying Sound Exchange’s on “Statutory Licenses.”  We can infer from those court proceeding that Stingray was already having looses from US sales and that in that case, the profits lost could be higher losses than just settlement plus legal fees. Half of that amount was paid to Music Choice on February 3, 2020. The Stingray Music web player has all the same great features as the mobile app. The other half is payable February 15, 2021 with 2.5% interest. “Following Stingray’s recently announced distribution agreement with Altice USA (NYSE: ATUS), which will bring 50 Stingray Music audio channels and hundreds of music videos from Stingray’s On-Demand catalog to Altice USA’s Optimum and Suddenlink subscribers, Stingray has signaled its commitment to winning the U.S. market. All these events are a  a consequence of several litigation decisions made during “Greenberg and Traurig’s” (GT) counsel timeframe. Stingrays Music change racist and offensive stock photos in rotation now with no more music trivia. Montreal-based Stingray, which provides advertising-free music services through major Canadian TV distributors such as Bell, Cogeco, Eastlink, Rogers, Shaw, Telus and Videotron, had offered US$120 million for Music Choice in August. Reply 1 0. Innovation is the key, and creating your own intellectual property is crucial for success, savings, and bringing more value to your shareholders. ), a leading music, media, and technology company, today announced that its previously-announced endeavors to acquire Music Choice have been terminated. * Listen to channels curated for when you just want to sit back and enjoy the music. The Agreement settles all United States patent and other litigation between the two companies (Music Choice v. 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