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DivX Gets Patent Licensing Win At Disney

San Diego-based digital video technology developer DivX--which has in recent years pivoted to patent licensing--reported this week that it has signed an intellectual property (IP) licensing agreement with The Walt Disney Company. Financial details of the licensing deal were not announced. DivX said that The Disney Company's streaming services include Disney+, Hulu, and ESPN+. DivX was previously focused on offering up its video playback technology to device manufacturers, but recently has been more active in patent licensing of its video patents.