For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch

Robert A. Iger’s urgent need to overhaul Disney — to turn its streaming division into a profitable enterprise and pull back on its troubled traditional television business — came into sharp relief on Wednesday. Disney’s streaming operation lost $512 million in the most-recent quarter, the company said, bringing total streaming losses since 2019, when Disney+ was introduced, to more than $11 billion.

Source: For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch

RightsTech Extra

SCOTUS: No Statute of Limitation on Copyright Damages

By Paul Sweeting

The Copyright Act of 1976 stipulates that a plaintiff must file an infringement suit “within three years after the claim accrued.” For many years, courts have disagreed over when that three-year clock actually starts ticking. Some courts, including some Circuit Courts of Appeal, have held it starts running when the alleged infringement occurred and that suits filed three or more years after that time are not valid. Other courts have held that the statute of limitations only start running when the plaintiff discovers, or reasonably could have discovered, the infringement, even if it occurred more than three years prior — an interpretation known as the “discovery rule.” The U.S. Supreme Court has never decided the issue, and so the “split in the circuits” has continued, to the frustration of plaintiffs and defendants alike.... Read More >>

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