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[FYI] MPEG-4 Visual Essential Patent Holders Report Substantial Progress Toward a Joint License



http://www.m4if.org/patents/video070301.html

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MPEG-4 Visual Essential Patent Holders Report Substantial Progress 
Toward a Joint License  

(Denver, Colorado, US - 3 July 2001) - MPEG LA, LLC, which operates 
as facilitator for an initial group of 19 essential patent holders 
calling itself the M4VisualPHG, reports that substantial progress was 
made toward the creation of a joint MPEG-4 Visual (Simple and Core 
profiles) patent license at the group's meeting in San Jose, 
California on June 19 and 20. MPEG LA® convened the group in December 
2000 following an independent patent expert's finding that each of 
the 19 companies owns one or more patents essential to the 
international MPEG-4 Visual Standard; a second meeting was held in 
March 2001. As a result of the group's progress and decision to meet 
more frequently in order to make known the terms of license for the 
benefit of the marketplace as soon as possible, the M4VisualPHG hopes 
to offer a one-stop license providing fair, reasonable, 
nondiscriminatory worldwide access to this essential intellectual 
property by January 2002, and is working to complete a license as 
soon as possible with that as its target. A one-stop license will 
enable widespread implementation, interoperability and use of this 
important open standard technology.  

[...]  

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