Nexxen International Ltd. announced it has reached a settlement agreement and launched a three-year strategic partnership with Alphonso Inc. and LG Electronics Inc. (?LGE?). The executed settlement agreement includes a cash component and a commercial strategic partnership that resolves the disputes underlying the complaints, thus concluding the parties? litigation.

Alphonso will grant Nexxen access to monetize a portion of LG?s premium CTV inventory and will also leverage Nexxen?s data-driven discovery and segmentation tools.