German Court Fines Netflix €7.05 Million for Continued Infringement of Broadcom HEVC Patent

December 23, 2023

https://www.globenewswire.com/news-release/2023/12/22/2800607/19933/en/German-Court-Fines-Netflix-7-05-Million-for-Continued-Infringement-of-Broadcom-HEVC-Patent.html

PALO ALTO, Calif., Dec. 22, 2023 (GLOBE NEWSWIRE) — Broadcom Inc. (NASDAQ:AVGO) announced today that the District Court in Munich, Germany fined Netflix €7.05 million for its infringement of a Broadcom patent. This fine was for Netflix’s continued infringement of the patent in deliberate violation of the court’s September 14, 2023 judgment that Netflix infringes the patent and must cease and desist all further infringement in Germany. The European patent at issue, EP 2 575 366, covers key features often used in HEVC/H.265 video coding, which Netflix uses to encode and stream Ultra HD content to subscribers.

Read more at globenewswire.com

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