China's Tencent wins video copyright infringment case in US district court
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Tencent has won a copyright infringement case in a U.S. district court, receiving nearly $85 million in compensation from Unblock Tech and other distributors for violating video content copyrights.
February 13, 2025 | 6:15 am
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Tencent has been awarded nearly $85 million by a U.S. district court after winning a copyright infringement case against Unblock Tech and other distributors.
The court ruling in favor of Tencent not only provides a significant financial compensation but also strengthens its legal standing in protecting its intellectual property. This is likely to have a positive short-term impact on Tencent's stock price as it reflects the company's ability to enforce its rights and secure revenue from its content.
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