Verizon to pay more than $260 million in ActiveVideo suit

Verizon Communications agreed to pay more than $260 million to ActiveVideo Networks to end a patent-infringement lawsuit that targeted its video-on-demand feature for FiOS TV. The companies also agreed to a patent cross-license. The agreement was struck after a U.S. appeals court in August upheld a jury verdict that New York-based Verizon lost and an order that Verizon pay ActiveVideo $2.74 per month for each FiOS-TV subscriber.