Adeia Stock Soars on Disney Licensing Pact

Media and semiconductor IP licensing firm Adeia announced a pivotal long-term media IP licensing agreement with entertainment titan The Walt Disney Company. This landmark deal provides Disney access to Adeia's comprehensive media intellectual property portfolio, simultaneously resolving all prior litigation between the two entities. The positive news propelled Adeia's stock, with significant intraday gains reported.

While specific financial terms were not disclosed, Adeia has confidently raised its financial projections for the current year. The company now anticipates 2025 revenues to fall between $425 million and $435 million, a notable increase from its earlier forecast of $360 million to $380 million. Adeia specializes in inventing and licensing technologies in media, entertainment, and connected devices, earning revenue through licensing deals and royalties.