ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,720,161, issued on Aug. 25, was assigned to Turner Broadcasting Systems Inc. (Atlanta).

"System to establish a network of nodes and participants for dynamic management of media content rights" was invented by Nicolas Paul Webb (McDonough, Ga.) and Nishith Kumar Sinha (Mableton, Ga.).

According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure discloses a system and method for establishing a network of nodes and participants for dynamic management of media content rights. The system comprises a plurality of nodes configured to interact with each other in accordance with a defined protocol, and a plurality of instances of a distributed media right...