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Leading Korean Streamer Watcha Signs IP License Agreement With DivX

Retrieved on: 
Tuesday, February 21, 2023

DivX, LLC, a pioneer in digital video technology, today announced that Watcha, Inc., a leading Korean video streaming platform, has signed an intellectual property (IP) licensing agreement.

Key Points: 
  • DivX, LLC, a pioneer in digital video technology, today announced that Watcha, Inc., a leading Korean video streaming platform, has signed an intellectual property (IP) licensing agreement.
  • “We are excited to reach an agreement with Watcha, and welcome them to our expanding family of licensees,” said Noel Egnatios, DivX’s CEO.
  • For over twenty years, DivX has established itself as a global leader in the research and development of innovative digital video technology and will continue licensing its broad portfolio to companies around the world.