Adeia Renews Multi-Year IP License Agreement with SK Broadband
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Adeia Inc. has renewed a multi-year intellectual property license agreement with SK Broadband, a major IPTV provider in South Korea, granting access to Adeia's media portfolio.
February 26, 2025 | 11:15 am
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Adeia Inc. has successfully renewed its IP license agreement with SK Broadband, which could strengthen its market position and revenue streams in the media sector.
The renewal of the IP license agreement with a major IPTV provider like SK Broadband suggests continued revenue from this partnership and strengthens Adeia's presence in the media sector. This is likely to have a positive impact on Adeia's stock price in the short term.
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