Gannett Co., Inc. (NYSE: GCI) today announced joining LOT Network, the largest patent licensing platform and non-profit community of global companies working to protect its members against litigation brought on by patent assertion entities (PAEs). The LOT Network community is committed to safeguarding members against frivolous PAE litigation.
Members of the LOT Network agree that if, and only if, a member’s patent asset falls into the hands of a PAE, other members are granted a license to that patent – rendering them immune to a PAE lawsuit using that same patent. LOT Network members include global industry leaders and innovative up-and-coming startups committed to long-term protection against PAE litigation.