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Sony Comments re Patent Suit
Filed By
Red Digital Cinema
On February 12, 2013, Red Digital Cinema ("Red") sued Sony Corporation of America and Sony Electronics Inc. and alleged that the Sony PMW-F5, PMW-F55, and F65 digital cinema cameras infringe two Red patents. The F65 has been commercially available for over a year and the F5 and F55 were announced in October, 2012.
Sony has now had an opportunity to study Red's complaint and the asserted patents, and categorically denies Red's allegations. Sony intends to defend itself vigorously in the Red lawsuit. Sony looks forward to prevailing in court, thus vindicating the Sony
engineers who developed Sony's quality digital cinema cameras.
What's "good" about it? It's the same type of stock denial issued by every company that gets sued -- "the claims are baseless, and we will vigorously defend ourselves." Pretty much a non-event, and it just means that Sony isn't acknowledging guilt, they're intending to have the lawyers battle it out -- whether that's in court, or in a settlement, that all remains to be played out. I mean, in short, it all amounts to:Good to hear!
The F65 has been commercially available for over a year
I think the answer is Cineform. I'd love to hear the Davids comment on this, but they seem to keep a very low profile nowadays.... The question is, which of the many schemes to reduce the data rate while keeping image quality was used and who patent it first.
I think your numbers are a tad out of date... Sony's been hemorrhaging money the last decade. Their cash reserves are more like $8 billion, not $142 billion! And even that isn't actually available, because, as said, Sony is losing money rapidly so they can't commit their cash on hand.Lawsuits generally come down to whom can out-spend. Jannard may have to sell-off a couple of his islands to fund this one: His measly $2.8 Billion doesn't stack-up very well to Sony's estimated cash reserves of $142B. :embarasse
Because the release of the F65 and the design of the F5/F55 predate Red's patents. Remember the requirement that a patent be new technology? Sony has several patents related to RAW going back several years.
Remember, Jim J didn't invent RAW or digital images or digital video. Basically he took DSLR technology (or which he's the first to admit he's a big fan) and record it fast enough for video. .
Big fan? I have never seen more hostility towards DSLR's than over at REDuser and most certainly a lot of that has come from the big man himself.
Further, wasn't JJ a supposed fan of the new Sony camera's, even asking where he could buy one upon it's release? All of this PR stuff whether for or against the competition is a pile of malarky. As far as I am concerned even the lawsuit is just another form of PR. We will see how this get's settled, but frankly why should anyone here care?
Green,
While Son'y net income is negative in 2012 (who's isn't, except Apple), Sony has a Balance Sheet (total assets) that would make Jannard's head spin. Not even close to being in the same galaxy.