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About Teleshuttle:

Teleshuttle researches and develops the innovations of founder Richard Reisman, in collaboration with partner companies.  These innovations are driven by a user-centered focus on empowering people applying powerful interactive tools and media for communication, collaboration, culture, and commerce. 

Much of Teleshuttle's current work is pro-bono, with primary focus on FairPay (and secondary focus on The Augmented Wisdom of Crowds). (Reisman's patent filings related to these areas have been placed into the public domain to encourage wide adoption.)

Teleshuttle was founded by Reisman in 1994 as an innovative online software/service provider. Teleshuttle pivoted to focus on invention and innovation, leading to development of multiple portfolios of Reisman patents, with 52 US patents granted. Over 200 companies have licensed one or more of these patents to serve billions of users, including licenses for use by nearly every major provider of smartphones and many major companies in TV/video

Areas of activity include:

  • FairPay (public domain*) - An entirely new concept of what a price is and why -- an architecture for efficiently pricing digital content/services in the context of an ongoing relationship. FairPay is based on customer dialogs about value, and develops a buyer reputation based on Internet feedback, to go beyond "freemium," to a far more efficient and dynamically adaptive hybrid of free and paid offerings.  FairPay was presented at an MIT Enterprise Forum of NYC symposium on "Better Strategies for Monetizing Digital Offerings" (12/1/11), and in Harvard Business Review (11/18/13) and Journal of Revenue and Pricing Management (2/26/18). Reisman's book FairPay: Adaptively Win-Win Customer Relationships was published in 2016.
    Teleshuttle is working on a pro-bono basis with industry and academic partners on research, trials, and applications of FairPay, and offers free consultation services.
    (*Reisman's patent filings related to FairPay have been released into the public domain and all patent disclosures have been published by the Patent Office for anyone to use. Collaboration is invited.)
  • "The Augmented Wisdom of Crowds" (public domain*) Advanced methods and a broad architecture for collaboration, ratings, rankings, and reputation management,  relevant to social media and wider aspects of digital democracy.
    (*This patent filing has been released into tthe public domain and all patent disclosures have been published by the Patent Office for anyone to use. Collaboration is invited.)


  • CoTV (Sold) - Coactive TV provides a rich platform for the growing trend toward multi-screen viewing and simultaneous, or “coactive,” use of TV and the Web CoTV creates a powerful new compound medium that fully maintains the best of both (and works with ordinary TVs and PCs/tablets/phones as companion devices) while riding the trend toward user-centered media multitasking in the wireless, networked home.  Fifteen Reisman CoTV-related patents have issued, with more allowed or pending.  These patents were licensed to RPX Corporation member companies as of 3/10/15 (including many major companies in the TV/video and  smartphone/tablet space).
  • Search and the Social Web and Semantic Web (Sold) - A portfolio including seven patents issued in 2005-2014, with others pending.  Sold 7/6/09 to RPX Corporation, the first defensive patent aggregator. 
  • Smart clients, Internet push distribution, and software update (Sold) - In the early 1990s, Teleshuttle developed a patent portfolio that was later licensed to BTG International for commercialization.  This portfolio includes nineteen patents awarded in 1997-2014.  BTG's licensing efforts led to patent infringement suits against Microsoft and Apple. On 3/31/06, BTG announced the sale of these patent rights for $35 million, plus a share of future profits, and that BTG and Teleshuttle would no longer pursue those suits.  Continuing licensing efforts were then undertaken by Intellectual Ventures (with Microsoft and Apple believed to be investors).
  • Other patent portfolios relate to such areas as
    --Big Data and The Internet of Things (sold) -- data exchange for smart, connected products, including usage data and ratings,
    --Digital media storage and asset management (sold) -- innovative dynamic compression methods for squeezing more photos or videos into a "full" device.

Consulting clients have included News Corporation/TVGuide, Dow Jones/Telerate, Euro RSCG/MVBMS, HealthScout/RxRemedy, AppliedTheory Communications, and BTG International, as well as Intellectual Ventures, RPX Corporation, and other prominent companies in the Intellectual Property space. Teleshuttle is not currently seeking paid consulting work, but selectively offers pro-bono consulting on FairPay without fee.

Reisman is an innovator and thought leader, advancing powerful interactive tools/media for human communication, collaboration, culture, and commerce since long before the Web. His media experience includes developing and marketing CoTV at Teleshuttle, a senior management role at, leading the design and development of News Corp's original TVGuide Online service through market testing in the early '90s, managing development for Baseline (since acquired by The New York Times), and very early involvements in hypermedia, interactive graphics, and online communities. See Bio for additional background.


Harvard Business Review Blog
on FairPay Strategy
Presentation on FairPay to ISSIP
...Slides and video now online

Journal of Revenue and Pricing Management article on FairPay  (2/26/18)
52nd Reisman patent issues (11/1/16)
Reisman on FairPay at CUNY J-School (9/20/16)
FairPay book by Reisman published (9/19/16)
Presentation on FairPay to ISSIP (video, slides) (10/14/15)
Presentation on FairPay at Naples Forum on Service (6/11/15)
The Future of Music (MIT Enterprise Forum), co-led by Reisman (4/16/15)
Three portfolios licensed to over 200 companies (3/10/15)
The Future of Healthcare (MIT Enterprise Forum), co-led by Reisman (1/21/15)
The Future of Retail (MIT Enterprise Forum), co-led by Reisman (10/14/14)
The Future of Adverrtising (MIT Enterprise Forum), co-led by Reisman (4/24/14)
Harvard Business Review article on FairPay (11/18/13)
The Future of TV (MIT Enterprise Forum), co-led by Reisman (1/14/14)
Reisman moderates Joi Ito Fireside Chat (9/20/12)
Presentation: Patents for Entrepreneurs - 2/15/12

Presentation: FairPay - MIT Enterprise Forum - 12/1/11
Intellectual Ventures Inventor Profile (4/26/11)
FairPay: introducing a new pricing architecture (6/20/10)
Reisman search patents sold to RPX (7/6/09)
Reisman moderates "Web of Location" panel (6/18/08)
BTG sells Teleshuttle patents for $35MM+ (3/31/06)
Reisman moderates search panel with Marissa Mayer (9/28/05)

Reisman on User-Centered Media
The  FairPay Zone Blog

(The ghost of Teleshuttle past:  Early Company History)

Contact Information

Richard R. Reisman, President, Teleshuttle Corporation
20 East 9th Street, New York, NY 10003

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