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Digital Domain Media Group Sells Patents for 5.45 Million

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Bankruptcy Judge Brendan Shannon approved the sale of three Digital Domain Media Group Inc. patents to three-dimensional-technology licensing company RealD Inc. for $5.45 million, Dow Jones DBR Small Cap reported today. The sale was one component of a second set of assets Digital Domain is auctioning after having sold the majority of its assets in September for $30.2 million to a joint venture formed by Beijing Galloping Horse Film Co. and Reliance MediaWorks Ltd.