Still no agreement between "MPEG-4 Visual Essential Patent Holders" and MPEG
Music Industry News - as it happens
Source: Mi2N - April 24, 2002
MPEG LA and patent holders to the proposed MPEG-4 Visual Patent Portfolio
License have again failed to agree.
Following what was hoped would be a definitive meeting on April 18 and 19
in New York City, they'll continue to discuss, "alternate royalty
approaches, including forms of use-based royalties that place royalties on
products and services for which remuneration is received and whose value
supports the royalties charged," says MPEG LA.
"Among other approaches discussed, the group considered industry proposals
that the widespread use of MPEG-4 Visual technology may be enhanced across
various business models by the adoption of (a) reasonable annual limitations
on certain royalties (in addition to those for decoders and encoders) in
order to provide more cost predictability and (b) threshold levels below
which certain use-based royalties would not be charged.
"The process is advancing, and MPEG LA hopes to have a further announcement
in the near future," added MPEG LA, which had been looking for agreements
months ago. "As in the past, we caution that no final decisions have been
reached. The group intends to meet again in late June but will be working
hard to resolve these issues in the interim."
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» MPEG-4 Visual Essential Patent Holders Meet To Discuss Licensing Terms