Post: PS3's Seized In Europe Are Set Free
03-10-2011, 10:57 PM #1
420
Kush Friendly
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PS3 Block Lifted In Europe
Source: You must login or register to view this content. // By: MR.4:20 // March 10th, 2011.



Today, a court decision has been passed allowing the enormous quantity of the PS3 systems which were previously seized upon their arrival in Europe to be released. As of now, Sony is allowed to continue their distributions to the retailers. This recent court order followed the previous order which initially seized around 300,000 PS3 systems.

LG suspected Sony for violating certain LG-owned Blu-ray patents; the primary cause of the block. However, the decision made today doesn’t exactly mean that Sony is in the clear.

FOSS Patents state their reason for lifting the block:
Originally posted by another user
This kind of measure didn't seem fair given the history of negotiations between the parties.


Sony’s final outcome will be decided at a later time. As of now though, the PS3’s confiscation is no longer valid. LG will be forced to compensate Sony slightly more than $179,000 for legal fees. Also, an additional fine of $275,000+ will be added each day that LG fails to cooperate.

Regarding the final outcome of the case, if Sony were to be found guilty of violating patents, they would owe big amounts to LG. Reportedly, LG want’s between $2.50 and $2.55 for each device sold. Now, those numbers may seem petite, but in the end, LG would be in the clear for a generous amount of money. According to such figures, $150-$180 million would be owed for every device sold in the past, and by way of future payments, LG is looking at obtaining an additional $350 million. All in all, nothing can be certain until we see an end to this on going case.
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The following 9 users say thank you to 420 for this useful post:

efes14, Konie06, RaZoR!, salventura, Spraze, TheMagicPancake, Meeky, xScreamo!, xVzS-

The following user groaned 420 for this awful post:

xSOADx
03-11-2011, 06:02 AM #11
NormL
Owner of The REAL eXp LLC
i am curious on why LG wants an additional 350$ million on top of re payment of the patent violations...sony will be hurting a lot if they gotta pay that kind of money. but wont bankrupt them. wonder how this will play out.
03-11-2011, 07:22 AM #12
Originally posted by 20 View Post
Which is more detailed...?

Also, the search function didn't bring up any results.


You be dissing my news? :carling:
No I do like to see how others would set out the article.
03-11-2011, 07:43 AM #13
Sony needs to pick it's act up.
03-12-2011, 11:31 AM #14
Kombust
At least I can fight
I like how you bring the good news =D
03-12-2011, 01:51 PM #15
Neo_Angelo
Raiding Girls Panties
What i don't get is what LG has patented that sony didn't invent, wasn't it Sony that invented Blu-Ray? wasn't sony the first to use it? i'm sure sony would own the patents and LG would perhaps only have patented bits of pieces they've done to blu-ray. Someone give me the low down on this Smile
03-12-2011, 02:17 PM #16
efes14
Do a barrel roll!
thanks for sharing info Smile
03-14-2011, 04:33 PM #17
Extrazior
u mirin'
Looks like Sony just got lucky haha, The losses they've faced not much but it's still money :p
03-14-2011, 06:49 PM #18
Merkii
Former Staff
LG Have to pay sony now thats ridonculos
03-14-2011, 07:30 PM #19
H!MOM
Banned
every system sony made was a fail. THEY WERE ALL HACKED

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