NTP Wants 5.7% of BlackBerry Revenue

NTP is willing to finally put to rest a long-running patent dispute with Research In Motion in exchange for 5.7 percent of all future revenue coming from BlackBerry service in the United States, the Wall Street Journal reported Friday. NTP previously rejected a $450 million settlement offer from RIM and is demanding that BlackBerry be shut down over patent infringement.

RIM's revenue in the last quarter topped $490 million and NTP's patent would stay in effect until 2012. It's not clear how RIM will respond to the new offer, however the company may not have much choice. On November 30, U.S. District Judge James Spencer gave the green light for enforcement of a 2003 injunction against the BlackBerry service.