Media and semiconductor intellectual property (IP) licensing company Adeia (ADEA) announced that it had entered a long-term media IP licensing agreement with entertainment industry giant The Walt Disney Company (DIS), which grants Disney access to Adeia’s comprehensive media IP portfolio. The agreement also resolves all outstanding litigation between the two companies. This news sent Adeia’s stock sharply higher, with the stock gaining 30.5% intraday on Dec. 22. More News from Barchart While the finan ...