TRADING AND DISTRIBUTION SYSTEM FOR AUDIO-VIDEO CONTENT
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United States of America Patent
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Issued Date -
Oct 27, 2011
app pub date -
Apr 21, 2011
filing date -
Apr 21, 2010
priority date (Note) -
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Abstract
Non-exclusive license rights to discrete data products for audio-visual content are licensed to users connecting via a plurality of clients, using a computer. Each of the discrete data products is controlled such that each data product cannot be used to produce audio-visual output for a licensed user until a respective one of release dates defined in a computer memory. In addition, the computer may serve an electronic trading interface to the clients, which is configured to enable any current licensee holding any one of the licenses during a trading period prior to the respective release date for the discrete data product licensed thereby to complete a sale of the any one of the licenses to a participating bidder in an online electronic marketplace publishing current bid prices and ask prices for ones of the licenses offered for sale. The computer may also register successful trades resulting in license transfers.
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