PATENT PORTFOLIO SALE OPPORTUNITY:
CLOSED CAPTIONING IP PORTFOLIO
SUMMARY: Patent Portfolio covering Closed Captioning, Analytics and Tags

The video entertainment landscape is shifting beneath us, with more viewers moving from traditional TV to digital video every day. The old-school system, where you knew your content programming months ahead, is gone. Ephemerality is now the zeitgeist.†

Like will-o'-the-wisps, hot videos appear and vanish in a matter of hours and advertising, the life-blood of the entertainment industry, needs a way to provide relevant ads to the trending meme.

Samir Abed has created such a system using closed captions and social media: The new Social Media Video Referral system.†The system uses a cloud-based closed captioning database that is updated in real-time and indexed to social media tags. With this combination of data sources, users and advertisers can immediately find videos relevant to trending social media mentions/hashtags.


Neopatents MARKET ANALYSIS:
5 Factors for a Rapidly Expanding Closed Caption Advertising Market


1. Explosive Captioning Growth
YouTube says it now has automatically captioned one Billion videos. Thatís a lot of captions.
Source: https://techcrunch.com/2017/02/16/youtube-says-it-now-has-automatically-captioned-1b-videos/

2. Explosive Digital Video Viewership Growth
People spend more time with digital video than with social media. The time spent with digital video now trumps time spent with all other listed digital platforms, including digital radio, Facebook, and Pandora.
Source: https://contently.com/strategist/2015/07/06/the-explosive-growth-of-online-video-in-5-charts/

3. Social media is emerging as the new search engine
People may be spending less time with social media, but they still use it to find videos. Hashtags and social media mentions are growing as the search mechanism for netizens to find content, but this is really a referral platform. Once Google switched from a subject taxonomy system (like the Dewey Decimal system, if you remember that) to their PageRank algorithm, searching has continued mutating to the point where social tagging (hashtags/mentions), not subject matter, are the only search criteria.

4. Boom in digital video + rise of social media hashtags = a new referral system
The explosive growth in digital video demand along with the rise of social media as a content referral platform creates an opportunity for a technology that can more easily connect viewers with desired digital video. To this end, Samir Abed proposes his Social Media Video Referral System. Is there technological support for Samirís system? His system requires captions to work, which YouTube has taken care of (see #1 above) and digital video advertising to generate revenue.

5. Digital Video Ad Growth
Digital Video Advertising is Growing at Annual Double-Digit Rates.
See more at: https://www.emarketer.com/Article/Digital-Video-Advertising-Grow-Annual-Double-Digit-Rates/1014105#sthash.vXRtsrag.dpuf

Digital video ad spending doubled from 2.4 percent of total ad budget in 2013 to 4.4 percent in Q2 2015.
Source: https://contently.com/strategist/2015/07/06/the-explosive-growth-of-online-video-in-5-charts/
This increase in ad spending is due, in part, to:
- new video platforms (Snapchat, Yahoo)
- proliferation of original video content on existing platforms (Hulu, YouTube, Amazon)



Overview Ė Patent Context Summary

In order to showcase the closed captioning patent field, the US Patent database was analyzed and sorted by total patent ownership to determine the largest players in the market.


Closed Captioning for Pictorial Communications

The US Patent database was analyzed for patents and published applications directed to inventions for closed captioning for television and other pictorial communications. Because the closed captioning technology field, which began in the early 1970ís, has numerous patents, only the records for the last five years (2011-2016) were summarized to show the more recent participants in the field.

The top 6 companies control approximately 32% of the recent patents, with LG as the leader. With a combined 86 patents and applications, LGís portfolio accounts for about 10% of the total patent assets for this time period. Sony owns the second largest share of closed captioning patent assets with 52. Google, AT&T, Echostar and Microsoft are also large players in this space.


Databases of Closed Captioning Content

The present portfolio is also directed toward the use of caption databases to retrieve relevant video. The top 6 assignees in this category have 24% of patents and applications for all years. Microsoft leads the field with 73 patents and publications, followed by IBM, Samsung, AT&T, Philips and Sony.


Closed captioning with social media

The use of closed captioning to find relevant social media is a cutting-edge aspect of the present portfolio. A total of 121 patents and patent applications suggest the use of captions in social media. The top six assignees own 31% of this category. Google leads the field with 11 patents, followed by ROVI Guides, MobiTV, RoundBox, Microsoft and Apple.


SUMMARY OF INVENTIONS
The following Invention Abstracts are from the public patents in Mr. Samir Abed's portfolio. The full description of the patents and patent applications are available by selecting the document title.

1.) US Pat. No. 8,424,052: Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements

The patent is directed to finding and accessing desired audio content from audio content sources, including means and methods for extracting captions from a broadcast; aggregating the captions in a database; indexing the database content; searching the captions for a mention of at least one target; analyzing the results for desired content; indexing into the database to extract the desired content; thereby providing a method for quickly finding and accessing desired audio and video content from a large number of sources.

The significant advantage of this patent over other technology is the cloud computing aspect of the invention, which allows for storage, aggregation, and analysis of these captions through a cloud computing system. The system possesses the ability to link target mentions in the captions to real-time social media trends, respond to these trends based on analysis, and measure the impact of a response.

 
Patent Matrix Diagram by Neopatents About Neopatents

PATENT MATRIX®

Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements
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8424052

1. A method for finding and accessing desired content from audio and video content sources, the method steps comprising: (10) (12)

16. A system for extracting captions in near real-time, comprising: (1) (8)

18. A method for extracting voice broadcasts, the method steps comprising: (0) (13)

19. A method for managing communication through mass media, the method steps comprising: (0) (8)

20. A method for preventing invalid captions from being submitted to a closed caption database, the method steps comprising: (0) (4)
 

21. A method for extracting complete captions from fragmented audio captions, the method steps comprising: (0) (6)

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2.) US Patent No. 8,763,067: Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements.

Continuation-in-part of (1). Additional developments include the analysis of multiple transcripts for target mentions and analysis.

System and methods for finding and accessing desired audio content from audio content sources, including means and methods for extracting captions from a broadcast; aggregating the captions in a database; indexing the database content; searching the captions for a mention of at least one target; analyzing the results for desired content; indexing into the database to extract the desired content; thereby providing a method for quickly finding and accessing desired audio and video content from a large number of sources.

 
Patent Matrix Diagram by Neopatents About Neopatents

PATENT MATRIX®

Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements
[+] Show Details

8763067
 

1. A method for extracting complete captions from fragmented audio captions, the method steps comprising: (9) (5)

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3.) US Patent No. 9,055,344: Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements

Continuation of (2). Additional developments include geographic matching of broadcast transcripts to social or digital media trends, stitching multiple target captions into one segment, and posting these segments online. Segments shared online are modified based on usersí preset rules for sequencing and eliminating redundancies, and are monitored for online activity, including tweets and retweets.

System and methods for finding and accessing desired audio content from audio content sources, including means and methods for extracting captions from a broadcast; aggregating the captions in a database; indexing the database content; searching the captions for a mention of at least one target; analyzing the results for desired content; indexing into the database to extract the desired content; thereby providing a method for quickly finding and accessing desired audio and video content from a large number of sources.

 
Patent Matrix Diagram by Neopatents About Neopatents

PATENT MATRIX®

Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements
[+] Show Details

9055344

1. A method for finding and accessing target content from at least one audio or video broadcast, comprising: (3) (9)
 

9. A system for extracting captions, comprising: (2) (8)

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4.) US Patent No. 9,282,350: Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements

Continuation of (3). Additional developments include the inclusion of summaries to the extracted broadcast transcripts as well as SMS or email alerts that can notify as user of keywords found within transcripts. Further developments to the advertisement tag code (ATC) extraction and analyzation technology include indexing occurrences of ATCs and the demographic, time slot, and number of time an ATC has been broadcast.

System and methods for finding and accessing desired audio content from audio content sources, including means and methods for extracting captions from a broadcast; aggregating the captions in a database; indexing the database content; searching the captions for a mention of at least one target; analyzing the results for desired content; indexing into the database to extract the desired content; thereby providing a method for quickly finding and accessing desired audio and video content from a large number of sources.

 
Patent Matrix Diagram by Neopatents About Neopatents

PATENT MATRIX®

Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements
[+] Show Details

9282350

1. A method for finding and accessing target content from at least one audio or video broadcast, comprising the steps of: (5) (9)

9. A method for finding and accessing target content from at least one audio or video broadcast, comprising the steps of: (2) (7)
 

12. A method for finding and accessing target content from at least one audio or video broadcast, comprising the steps of: (7) (4)

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5.) US Patent No. 9,602,855: Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements

Continuation of (4). Additional developments include the extraction of both audio and video from the analyzed content. These audio and video segments may be shared on social media or other digital platforms and allow for feedback on the segments. Additionally, the captions may be formatted to a more readable format. Lastly, detailed is a method of tracking an advertisement campaign through the extraction of ATCs and the use of surveys to gage its effectiveness.

 
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PATENT MATRIX®

Systems and Methods for Automated Extraction of Closed Captions in Real Time or Near Real-Time and Tagging of Streaming Data for Advertisements
[+] Show Details

20160173926

1. A method for finding and accessing target content from audio and video content sources, comprising: (4) (6)

11. A method for finding and accessing target content from at least one audio or video, comprising: (4) (6)
 

18. A method for analyzing an advertisement campaign, comprising: (2) (5)

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6.) US Patent No. 9,602,855: Systems and methods for automated extraction of closed captions in real time or near real-time and tagging of streaming data for advertisements

Continuation of (5).