Disney appeals ruling in Digital Domain 3D movie technology dispute

By Jim Witters

Wilmington, Del., Dec. 28 - Three Walt Disney Co. entities have appealed a Dec. 10 ruling that DDMG Estate, formerly Digital Domain Media Group, Inc., can sell its patents for creating three-dimensional motion pictures and that Disney holds no option to buy the rights.

Walt Disney Studios Motion Picture Production, Briar Rose Productions, Ltd. and Extinction Productions, Ltd. filed the appeal on Dec. 28 with the U.S. Bankruptcy Court for the District of Delaware.

In his Dec. 10 ruling in the dispute, judge Brendan L. Shannon wrote that Disney should have exercised its option before In Three, Inc. sold the patents to Digital Domain.

In Three held the patent on technology to transform two-dimensional digital images to three-dimensional images.

Digital Domain bought the patents from In Three and is seeking to sell the rights to the highest and best bidder at auction.

Digital Domain, a Port St. Lucie, Fla.-based media company, filed for bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Sept. 11. The Chapter 11 case number is 12-12568.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.