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Acacia Media Technologies Corp., which claims it owns the patents for streaming video over computer networks, said in a letter Thursday it's lowering its royalty demands of colleges and universities. The California-based firm had asked dozens of schools to pay up or face potential lawsuits over their use of streaming video in distance learning and video lectures. In July, Acacia lost a key preliminary ruling in a similar dispute with adult entertainment Web sites.
September 07, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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