MUMBAI: Sony Corporation and Technicolor have formed a joint patent licensing program for digital television (DTV) and computer display monitor (CDM).

Technicolor will be the exclusive licensing agent of the combined portfolio that covers DTV and CDM. The license is offered for the convenience of both existing and new licensees, enabling them to obtain a single license as an alternative to negotiating separate licenses.

“By combining these two complementary patent portfolios under a single licensing program, we are providing a leaner and more efficient licensing program for the industry in the field of DTV and CDM. This agreement builds on Technicolor's successful track-record of monetizing its portfolio of intellectual property and the strength of its licensing teams,” said Technology Group president and Technicolor deputy CEO Stephane Rougeot.

Technicolor is constantly investing in research and development in technology areas that are pervasively adopted in DTV and CDM, including video and audio compression, high dynamic range, wide colour gamut, user interface and other display technologies.

“Sony has a long history of successfully managing its large patent portfolio. We have done this alone, jointly with other companies, or through third parties. This joint licensing program is another example of managing our patent portfolio and making it more broadly available in an efficient manner,” said Sony Corporation SVP corporate executive in charge of intellectual property Toshimoto Mitomo.