InterDigital Inc (IDCC)

InterDigital (IDCC) Wins an 11-Country Injunction Against Disney Over a Video Patent Dispute
Abdul Rahman
Mon, July 6, 2026 at 2:40 PM CDT 2 min read
https://finance.yahoo.com/markets/stocks/articles/interdigital-idcc-wins-11-country-194053199.html
InterDigital, Inc. (NASDAQ:IDCC) is one of the best stocks to invest in according to Two Sigma Advisors with huge upside potential. On June 16, InterDigital, Inc. (NASDAQ:IDCC) announced that the Mannheim Local Division of the Unified Patent Court (UPC) had ruled in its favor against The Walt Disney Company. The company said it won an injunction that bars Disney from using one of its patented video encoding technologies across 11 European Union countries simultaneously.\

The patent in question covers specific High Efficiency Video Coding, or HEVC, compression techniques. HEVC is a standard used broadly in video streaming to preserve visual quality at lower data rates. According to InterDigital the court found that Disney infringed this patent in its streaming services, including Disney+, and upheld the patent's validity. At the same time, the court rejected Disney's FRAND defense, which argued the patent should be licensed on fair, reasonable, and non-discriminatory terms, InterDigital stated.

Court documents show that enforcement of the injunction is subject to InterDigital posting an €8 million security bond. This is despite Disney having sought a much higher security requirement of around €500 million.

Meanwhile, on June 11, William Blair analyst Arjun Bhatia weighed in on InterDigital's newly announced patent license agreement with Amazon, and estimated that the deal could generate between $40 million and $80 million in recurring annual revenue for the company. This is on top of potential catch-up payments for past usage, Bhatia noted.

Two Hundred and Fifty Years of American Invention
July 2026 - Liren Chen, President and CEO, InterDigital

American history is full of them, and some of the most famous set out to change how people connect. In 1876 Alexander Graham Bell patented the telephone and made it possible, for the first time, to hear another voice across a distance. A few years later, Thomas Edison was filing the first of more than a thousand patents, treating invention as a discipline in its own right and building a laboratory whose entire purpose was to create what did not yet exist.

The work of these pioneers and the many who followed turned a young country into the place where the modern world learned to communicate, from the telephone to the transistor, and from the first computers to the networks that carry our calls and messages today. The line runs all the way to the smartphone, a device that means you can hold the power of a telephone exchange, a television studio, and a research library in a single hand. What these inventors shared was not luck. It was persistence, technical skill, and a particular kind of genius: the willingness to keep working at a hard problem long after others had given up.

That same quality is what we recognize in our own inventors at InterDigital. The majority of our employees are engineers and scientists, and nearly all of these engineers and scientists are inventors. They spend years solving the hardest problems, working at the cutting edge of what wireless, video, and AI technology can do. Their breakthroughs do not arrive on a schedule. They come from deep expertise, from collaboration with the best engineers in the world, and from the persistence to stay with a question until an answer is found. They continue a centuries-old tradition of building on the successes of inventors who came before them.

In the U.S., what turned this individual genius into national success was the system built around it. The founders wrote a simple idea into the Constitution: that people who invent something new should be able to benefit from it. Article I, Section 8, Clause 8 of the U.S. Constitution gives Congress the power to secure for inventors, for a limited time, the exclusive right to what they create. The first Patent Act followed in 1790. It was a deliberate bargain. An inventor discloses how something works, and in return receives a period of protection. Abraham Lincoln, himself a patent holder, stated that this added the fuel of interest to the fire of genius.

Licensing can carry that fuel furthest. Numerous American inventors have used licensing to generate a return from their discoveries and have then reinvested their royalties in their research. This is one of the beauties of the patent system; it lets inventors share a breakthrough with the companies best placed to use it, and be paid fairly in return. Invention creates the value; licensing spreads it.

InterDigital has worked in that tradition for more than fifty years. From the start, research was at the core of our work. Our engineers helped move the world from analog to digital wireless networks, and we have contributed to every generation of mobile technology since, from the early digital systems through to the green shoots of 6G today. And we’ll continue to contribute to each generation of wireless for decades to come. We do not make phones or operate networks or manufacture TVs and laptops. We invent the foundational technologies these devices and networks depend on, contribute them to the global standards, and license them to the companies that build products and services. It is the same bargain the founders described, carried into the digital age.

The work continues but is changing. Wireless, video, and AI are no longer separate fields. They are converging. The networks of the coming decade will be shaped by AI from the ground up. The way we capture, compress, and watch video is being remade by it. Our researchers are working at the point where all three meet, because that is where the next set of foundational inventions will come from.

Two hundred and fifty years on, the lessons hold. Countries succeed when they reward the people who create new knowledge. The patent system was one of America's earliest and best inventions and is still doing its job today. Connecting good ideas with the benefit that should flow from them, is worth celebrating.

https://www.interdigital.com/post/two-hundred-and-fifty-years-of-american-invention

The California court’s favorable claim construction of the ‘268 patent can materially affect the separate Dolby Vision declaratory judgment action, although it does not determine the outcome by itself. Here’s how.
1. It gives InterDigital a stronger starting position.
In patent litigation, claim construction (the Markman ruling) often determines much of the case. When the court rejected Disney’s attempts to construe the disputed terms in a way that would eliminate infringement or render the claims indefinite, InterDigital entered the next phase of the case with a stronger litigation position.
For the Dolby declaratory judgment action, that means Dolby is not arguing against an “untested” patent. Instead, it faces a patent that has already survived detailed judicial scrutiny on its claim language.
2. The ruling is persuasive but not binding.
The claim construction is not binding on:

However, another judge may find the earlier reasoning persuasive, particularly if the same claim terms and intrinsic evidence are involved.
3. It narrows Dolby’s options.
Once a court has construed the claims in a way favorable to the patent owner, Dolby generally has three principal avenues:

Simply rearguing claim construction becomes more difficult after a well-reasoned Markman decision.
4. Effect on settlement leverage.
From InterDigital’s perspective, a favorable Markman ruling increases leverage because:

Companies often become more willing to discuss licensing after an unfavorable Markman ruling because a significant litigation risk has been resolved against them.
From Dolby’s perspective, leverage still exists if it believes:

5. Interaction with the PTAB.
Even though the California court construed the claims favorably for InterDigital, the PTAB applies a different inquiry. The PTAB asks whether the claims are patentable over the prior art, not whether they are correctly construed for infringement purposes.
So:

Those are separate issues, although a surviving IPR challenge would further strengthen InterDigital’s negotiating position.
Overall assessment
Viewed together, the favorable claim construction likely improved InterDigital’s bargaining position in any discussions with Dolby. It removed one of the principal early defenses—obtaining a construction that would defeat infringement or render the claims indefinite—and left Dolby to rely primarily on non-infringement and invalidity arguments.
If the ’268 patent ultimately survives all remaining PTAB challenges, the combination of:

would substantially increase InterDigital’s leverage in seeking a licensing agreement or settlement with Dolby. Conversely, if the PTAB invalidates the asserted claims, that leverage would be significantly reduced regardless of the earlier claim construction.

The California Dolby litigation and the UPC injunctions are legally separate proceedings, but they are strategically intertwined. Each affects the leverage of the parties in different ways.
1. The UPC injunction gives InterDigital immediate commercial leverage
The most significant development is that the Mannheim Local Division of the UPC issued an injunction covering 11 EU countries after finding Disney infringed an InterDigital HEVC-related patent and confirming the patent’s validity. Disney subsequently disabled Dolby Vision in those affected countries while it considers its options.  
That changes the negotiating dynamic because:

2. Dolby’s California case is primarily a defensive effort
Dolby’s California action seeks declarations that certain InterDigital patents are invalid or not infringed by Dolby Vision technology. The case also allows Dolby to defend technology used by customers such as Disney, Amazon, TCL, and Hisense.  
However, even if Dolby ultimately prevailed on some U.S. patents:

So the California litigation is unlikely to provide Disney with immediate relief from the European injunction.
3. Timing favors InterDigital in current negotiations
Patent litigation in the U.S. typically takes years before reaching a final judgment.
By contrast:

As a result, the current negotiating leverage appears stronger for InterDigital than for Dolby or Disney.
4. Could the California case eventually matter?
Yes.
If Dolby were eventually to obtain findings that important asserted U.S. patents are invalid or not infringed, those rulings could:

But those effects would likely be years away and would not automatically change the existing European judgments.
Overall assessment
At this point, I would characterize the leverage as follows:

Given the current procedural posture, the UPC injunctions likely provide more immediate bargaining power than the California declaratory judgment action provides to Dolby. That does not guarantee a settlement, but it does increase the pressure on Disney to evaluate whether continued litigation is more costly than reaching a worldwide licensing agreement.

This was the question to ChatGPT for me prior postIs it possible that EnterDigital can have their patents to be enjoined by Dolby Vision streaming, which is licensed to various implementers?

Yes, it is possible, but the answer depends on exactly how the technology is being used and which patents are involved.
If you mean InterDigital patents that are essential to video streaming technologies, and Dolby Laboratories’s Dolby Vision technology is being implemented by streaming services or device manufacturers:

This is a common feature of standards and multimedia technologies. A television, streaming service, or streaming device may require licenses from multiple patent owners—for example, Dolby, InterDigital, Nokia, MPEG LA/Via LA pools, and others—depending on the technologies implemented.
Regarding injunctions:

This is relevant to the ongoing disputes involving InterDigital and streaming providers. InterDigital has asserted patents covering aspects of video streaming and delivery against companies that already hold licenses from other technology providers. Those other licenses do not necessarily eliminate the need for an InterDigital license.
So, in short, yes—a company that licenses Dolby Vision could still be enjoined for infringing InterDigital patents if those patents are separate from Dolby’s portfolio and are found to be valid and infringed.

And this sluggishness too shall pass.

No volume.

True, just asking the question given all the injunctions.

IDCC is not the one holding up an arbitration

Will IDCC agree to arbitration with Disney now that IDCC has court injunctions in place in Germany, Brazil, and 11 EU countries? On the surface all the injunctions seem to be strong negotiating leverage for a license sooner than waiting about 2 years for an arbitration decision.

Guess everyone is on vacation
Recent Nokia, Samsung and Amazon disputes put SEP arbitration in focus
•
The recent convergence of multi-jurisdictional legal battles involving Nokia, Samsung, and Amazon highlights a significant shifting of the tides toward international arbitration as the preferred mechanism for resolving global Standard-Essential Patent (SEP) and FRAND (Fair, Reasonable, and Non-Discriminatory) disputes.
Three major developments in mid-2026 showcase this trend:
1. The UK Court of Appeal's Nokia Milestone
A massive catalyst for this conversation is a landmark judgment from the UK Court of Appeal involving Nokia (in disputes against implementers like Acer and ASUS).
• The Core Ruling: The Court of Appeal overturned a lower court decision, granting a case management stay in favor of Nokia's "Adjustable License Offer." Nokia had offered implementers an immediate global interim license, with the final, permanent FRAND terms to be determined later by ICC (International Chamber of Commerce) arbitration.
• Why it Matters: The court ruled that a contractual offer to let an independent, impartial arbitral tribunal determine final global terms is inherently FRAND-compliant. This grants major SEP holders significant leverage; if an implementer refuses such an arbitration-backed interim license, they risk being labeled an "unwilling licensee," opening them up to global injunctions.
2. InterDigital vs. Amazon Streaming Standoff
A parallel high-stakes dispute centered on video codec SEPs used in streaming (such as Amazon Prime Video and streaming devices) has also taken an arbitral turn.
• The Dispute: Since late 2025, InterDigital and Amazon were locked in a fierce, multi-jurisdictional battle spanning the UK High Court, German courts, and the Unified Patent Court (UPC)—resulting in significant anti-suit injunction friction.
• The Shift: In June 2026, reports solidified that both parties have agreed to de-escalate, disposing of active civil court litigation in favor of binding global arbitration to hammer out a central rate-setting procedure for the streaming portfolio.
3. Nokia vs. Samsung Global Rate Analysis
Concurrently, the patent community is closely analyzing the global FRAND rate decision issued by the Chongqing court in Nokia v. Samsung. While this was a national judicial rate-setting determination rather than a private arbitration, it underscores the intense "forum shopping" and conflicting parallel litigation that drives companies toward private alternative dispute resolution (ADR) in the first place.
________________________________________
Why SEP Arbitration is Gaining Broad Focus
The market consensus moving toward arbitration over traditional court litigation is driven by several structural advantages:
• Jurisdictional Coherence: Patents are strictly territorial, but technology standards are inherently global. While courts in the UK, China, Germany, and the UPC all try to assert the authority to set global portfolio rates, a single, neutral arbitral tribunal resolves the entire global portfolio at once—eliminating conflicting cross-border judgments.
• The New York Convention Advantage: Arbitral awards are enforceable across 172 countries under the New York Convention, offering a practical enforcement web that no single national court judgment can replicate.
• Confidentiality vs. Transparency: Historically, implementers preferred courts for public transparency, while patentees preferred private arbitration. However, modern frameworks (like the one Nokia proposed under ICC rules) increasingly allow for public, non-confidential summaries of the final award's main economic points, satisfying transparency concerns while protecting highly sensitive comparable licenses.
With institutional backing from the EU Commission, WIPO, and the newly developing Patent Mediation and Arbitration Centre (PMAC), international arbitration is transitioning from a backup option into the primary arena for global tech licensing.

well, that link didn't work, but here is an interesting IDCC story

https://www.lightreading.com/6g/interdigital-ceo-wooed-china-now-he-s-eyeing-6g-gains

https://www.linkedin.com/safety/go/?url=https%3A%2F%2Flnkd%2Ein%2FeGE3Yt4g&urlhash=rOuh&mt=pM1jZK4D0MeTD5nikyo8405MZmRIwL25wP-TMSQYJ451KD64ax845wS8vEGO-rEmuAypF_hMVhsyiu-XlzNKTDWVQksetKjKRYZhUpATXhHKuaXioadGKf-mOA&isSdui=true

Nice to finally close in the green up $6. 2nd qtr has ended so let’s see how the 3rd qtr goes.

Fish, i don't think so. Weaky volume. 

Maybe just June 30 quarter end window dressing for funds managers.

The IDCC stock price jailor must be drunk and asleep today!

and ...

The Karens in the "Keep IDCC Down" committee are apparently out to lunch!

Lets hope it stays this way!

Tomcat

 3 near term things that could affect IDCC’s share price upon announcement.
UK Supreme Court Telsa ruling(1)Lenovo arbitration rate decision (2)Samsung arbitration rate determination appeal(3)

Oh come on Dover!!

Break into the green today, please!!

_ Tomcat

https://www.perplexity.ai/search/d594c8e8-2636-4ca4-8d4c-40d82959e240

Gemini
The text you shared introduces a major legal battle currently playing out in the UK Supreme Court: Optis Cellular Technology v. Apple. 
Because your clip cuts off right at the cliffhanger, here is the full context of what is happening, why the numbers involved are staggering, and why the tech world is watching so closely.
What is this case about?
At its heart, this is a multi-year dispute over Standard Essential Patents (SEPs). These are patents protecting technologies that are completely vital to an industry standard—in this case, 3G and 4G mobile connectivity. You literally cannot build a modern smartphone without using them. 
Because these patents are so essential, the companies that own them are legally required to license them under FRAND terms: Fair, Reasonable, And Non-Discriminatory. The problem? "Fair and reasonable" is highly subjective, and Apple and Optis could not agree on a price. 
Why is it at the Supreme Court right now?
The UK courts have unique global power here; they have the authority to set a worldwide royalty rate. If a company like Apple refuses to pay the court-ordered global rate, they risk being banned from selling their products in the UK. 
This specific appeal focuses on a massive tug-of-war over how that rate was calculated by lower courts: 
The High Court's Take ($56 Million): Initially, a lower court judge rejected the accounting methods of both companies and decided Apple should pay a lump sum of $56.43 million. 
The Court of Appeal's U-Turn ($502 Million): The Court of Appeal completely disagreed with that judge's math. Using a "comparables-based approach" (looking at what other tech giants pay for similar portfolios), they jacked the rate up to a staggering $502 million (which balloons past $700 million when you add historical interest).  
Apple was granted permission to appeal this massive increase, which brings us to the three-day hearing at the Supreme Court. 
The Core Arguments Being Weighed
The Supreme Court is fundamentally tackling three massive questions that will reshape how global tech licensing works: 
1. Rate-Setting Methodology: Should courts use strict mathematical models, or a "broad axe" approach based heavily on what other companies previously agreed to in separate, private deals?
2. "Hold-Out" vs. "Hold-Up": Optis argues that Apple is practicing "hold-out" (using its massive size to delay paying smaller patent holders). Apple argues that patent holders practice "hold-up" (using the threat of sales bans to extort inflated fees). 
3. Past Sales & Statute of Limitations: A massive legal point in this appeal is whether Apple has to pay royalties on every single device sold going all the way back to 2013, or if normal legal time limits (statutes of limitation) should block older claims. 
The ruling will dictate whether the UK remains the world's preferred battleground for global patent disputes. Keep an eye out for the judgment later this year, as it will fundamentally rewrite the rulebook for how standard-essential tech is bought and sold

The companies listed that did not post are:ASUSACER andHisense.
Acer and ASUS

Based on publicly available information, InterDigital already has licensing agreements covering Acer and ASUS for portions of its wireless and video portfolio. Those companies have not been among InterDigital’s current targets in its video-services litigation. Instead, they became targets of Nokia’s separate video codec licensing program, which involves Nokia’s own HEVC and related standard-essential patents
Hisense

Hisense is more nuanced.
Given your previous questions comparing Nokia and InterDigital, the contrast is interesting: Nokia’s recent enforcement has focused heavily on device manufacturers (Acer, ASUS, Hisense), whereas InterDigital’s recent high-profile strategy has emphasized both television manufacturers and major streaming service providers such as Amazon and Disney, where the service itself is alleged to practice InterDigital’s video technologies

In parallel, Nokia also brought multimedia patent actions in 2025 against device manufacturers implementing the same video technologies, including:

These cases involved implementation of H.264/AVC and H.265/HEVC codecs in PCs, televisions, and other consumer electronics rather than streaming services themselves.  

I’m glad to see the Nokia streaming patent filings against various companies. Glad to know IDCC was not alone. 
Nokia’s enforcement campaign for its multimedia and video-streaming patent portfolio (covering technologies such as HEVC/H.265, AVC/H.264, HDR-related processing, video encoding/decoding, buffering, content delivery, and related streaming technologies) began in earnest in 2023.
The earliest major streaming-related infringement filings were against:

In parallel, Nokia also brought multimedia patent actions in 2025 against device manufacturers implementing the same video technologies, including:

These cases involved implementation of H.264/AVC and H.265/HEVC codecs in PCs, televisions, and other consumer electronics rather than streaming services themselves.  
Earliest filing
If you’re asking specifically about streaming service companies, the earliest Nokia infringement campaign began against Amazon in October 2023, making 2023 the first year Nokia initiated litigation over this multimedia streaming portfolio.  
Given your interest in comparing Nokia and InterDigital, it’s notable that Nokia’s campaign has followed a similar progression:

The strategy of first obtaining injunction leverage in multiple jurisdictions and then moving toward a court-determined global RAND license is broadly similar to the approach that InterDigital is now pursuing against major streaming companies.

Paullee the volume could be relat dTo the rebalancing. As for the legal happenings one never knows does one.
One thing about the Nokia litigation it was effectively initiated in NOVEMBER 2025. LessThan a year later they have royally related resolution against Warner and paramount for past due usage, with a scheduled trial for final RAND resolution asset for November 2026.
So anything can happen with or for IDCC at anytime. imo.

Would not read anything into the volume number, pretty sure it had to do with Russell rebalancing.
As for the legal timing, let just say it will be way too long.

Do you think, or at least what are the chances that the UK decision awarding Nokia streaming royalties from Warner Brothers and Panasonic for the use of their patents for past usage and set in trial for November to set a final RAND rate, will that have any impact on InterDigital?Yes. I think there is a meaningful possibility that the Nokia decisions will have a favorable indirect effect on InterDigital, although I would distinguish between legal precedent and commercial leverage.
The recent UK ruling is significant because the High Court of Justice of England and Wales required interim payments for past use pending a November 2026 FRAND/RAND rate-setting trial, rather than allowing the alleged implementers to continue using the technology without compensation until a final rate is set.  
For InterDigital, I see several implications:

Where I would be more cautious is assuming the Nokia outcome will directly determine InterDigital’s royalty rates. It will not.
InterDigital still has to prove:

Those issues are company-specific.
My assessment
If Nokia obtains a substantial final RAND rate in November and the court also awards meaningful compensation for past use, I would estimate:

Given the developments you’ve been following—particularly InterDigital’s injunction against The Walt Disney Company in the UPC and the continuing disputes involving streaming technology—I think the Nokia decision contributes to a broader trend. Courts in Europe appear increasingly willing not only to issue injunctions where appropriate but also to ensure that implementers cannot continue using SEP technology indefinitely without paying while FRAND terms are being resolved. That trend, if it continues, is likely to benefit established SEP licensors such as InterDigital as well as Nokia.

740.7K shares traded today. Maybe the Nokia past and future royalty payment from Warner and Paramount are having some impact on the potential for IDCC to receive payments from Disney.

Justice Meade determined on June 24th that Warner and Paramount must begin making interim RAND payments to Nokia while the court determines the final royalty.
The court relied heavily on Nokia’s licensing evidence.
Final trial remains scheduled for November 26th.

Over 400,000 shares traded at the close today. Does this reflect any movement from today's hearing with Disney?

FWIW volume is little bit on the high side yesterday and today...AMHO...EOM

Paullee... What does the timeframe of this legal process tell us about the process—similar in nature—of defining an overall rate for Lenovo?

Paullee thanks for the Nokia/Paramount UK royalty payment and upcoming RAND trial.

Here’s hoping the UPC, Germany and Brazil set a rate at least for past usage. Pending final case resolution with the Disney.

Some of the information on the Nokia case did not paste from what I copied. Anyway Warner and Paramount both must make Interim payments and will be required to pay for past usage. Also 

The latest publicly reported development is that the UK case has moved from a jurisdictional dispute to a court-supervised global RAND licence proceeding, with an important interim ruling issued just this week.
Here’s the current status:

From Nokia’s perspective, the recent ruling is a favorable procedural development because:

That said, the court has not yet decided the ultimate royalty rate. The principal issue—how much Warner Bros. Discovery must pay for a global licence—will be decided after the November 2026 trial.

The sequence was:

Nokia’s UK litigation against Warner Bros. Discovery was effectively initiated in November 2025.
The sequence was:

So, if your question is specifically “When did Nokia file litigation against Warner Bros. over streaming patents in the UK?”, the answer is that the UK proceedings began in November 2025, but procedurally the principal UK action was commenced by Warner Bros. Discovery seeking a court-set global licence after Nokia’s worldwide enforcement campaign, rather than Nokia filing a traditional UK infringement claim first.  

Nokia interim payments from Warner Bros/Paramount set in fascinating UK decision

The UK High Court's interim-payment decision in the video-streaming patent dispute between Nokia and media giants Warner Bros. Discovery (WBD) and Paramount is indeed a fascinating development for standard-essential patent (SEP) litigation.

Handed down by Mr. Justice Richard Meade, the ruling sets a notable precedent for how courts handle financial friction while moving toward a global Fair, Reasonable, and Non-Discriminatory (FRAND) rate-setting trial.

Here are the key takeaways from the decision that make it so compelling:

1. A Massive Valuation Gulf
The case highlights an astonishing gap in how patent holders and streaming implementers value video-codec portfolios (covering standards like H.264/AVC and H.265/HEVC).

The Streamers' Stance: WBD and Paramount argued that the final rate should align with standard patent pool rates, which would put the lower bound of a final license at roughly $250,000 to $300,000 (excluding past use dating back to 2011 and interest).

Nokia's Stance: Nokia pointed to three of its comparable real-world licenses to justify a significantly higher figure.

Justice Meade noted in his judgment that Nokia's demand was "about three orders of magnitude higher" than what the streamers were offering.

2. Upward Adjustment of Interim Payments
While the specific figures remain confidential, Justice Meade rejected the streamers' efforts to avoid an adjustable, refundable component of the interim payments. Instead of strictly splitting the difference or defaulting to a conservative midpoint, the judge used a prior Nokia lump-sum offer as a baseline and subjectively adjusted the refundable interim amount upward in Nokia's favor.

The court also applied a 4:3 payment ratio between WBD and Paramount, reflecting their differing subscriber metrics.

3. Efficiency Over "Mini-Trials"
Justice Meade strongly emphasized that interim payment hearings must remain swift, lean, and cost-effective. He explicitly warned against letting these proceedings devolve into exhaustive "mini-trials" that prematurely attempt to digest the massive evidentiary record meant for the main trial.

4. Broader Ramifications for Global FRAND
This marks the second major rate-setting case where a net licensor agreed to let the UK High Court establish interim global terms (following the Huawei v. TP-Link framework).

By committing to the UK jurisdiction for a single, comprehensive rate-setting path, Nokia subsequently dropped its parallel infringement lawsuits across the Unified Patent Court (UPC) and Germany. The ruling signals that UK courts are highly comfortable using past commercial offers and real-world licensing data to dictate interim economic terms, keeping the pressure on implementers ahead of the full trial scheduled for November 2026.

Fan, additionally we need the Disney to license or the court to set the fees for past usage in the 11 UPC covered countries. Along with the Lenovo  arbitration decision, and Samsung arb appeal denial coupled with any new licenses.

Thanks My3sons. That’s probably the right way to look at it. The real issue is that nothing is really moving on the financial front, which explains the current lack of interest. I don't think the second-quarter results will change the situation, either—it's probably too early for that. We need the rate for Lenovo to be finalized soon. 

Fan a lot of big companies are also as cold as ice today.

In this heatwave, InterDigital is as cold as an ice cube, though that only tempers my optimism. I admit it wears me out a bit.

Fish, glad to hear your 2 other stocks gained as a result of Micron.

Great news for Micron. And what else is also good news is that it is spilling over to 2 of my favorites -- Western Digital up 71 and Sandisk up 274.

Hopefully IDCC will also move up.

Micron tech (mu) is up 124+ after hours due to their earnings. May some of this rub off on  IDCC.

Tight Lines!

After hours price $302…hmmm

Based on the procedural posture today, I would view a settlement between  Disney? and  InterDigital? as more likely now than it was before the June 16 Mannheim UPC judgment.
The reason is not simply that InterDigital won. It is that InterDigital appears to have accumulated several forms of leverage simultaneously:

Those factors increase the business risk to Disney of continuing to litigate every patent jurisdiction-by-jurisdiction.
That said, I would not expect an immediate settlement announcement. Disney still has the right to appeal the Mannheim merits judgment. An appeal does not automatically mean Disney expects to win; large companies often appeal significant patent judgments as a matter of course while continuing licensing discussions in parallel.  
Most likely outcomes from here
Scenario 1 — Global license settlement (most likely in my view)

This is how many large SEP and video-codec disputes eventually end.
Scenario 2 — Appeal first, settlement later

This is probably the single most common path in major patent disputes.
Scenario 3 — Full litigation through appeal

This remains possible, but it becomes less attractive when multiple injunctions begin accumulating against the implementer.
What could push Disney toward settlement?
The biggest drivers would be:

My assessment
If I were assigning rough probabilities today based solely on publicly known facts:

The June 16 UPC ruling materially increased InterDigital’s bargaining position. The key question now is whether Disney believes it can reverse the Mannheim result on appeal or obtain better leverage elsewhere. If Disney’s legal team concludes the probability of reversal is modest, a negotiated global license becomes the economically rational outcome for both sides.  
One important point: even if a settlement occurs, it would not necessarily become public in detail. Patent license agreements frequently disclose only that a license was signed, while the royalty rate and total payment remain confidential.