“MPEG LA, a group of patent holders governing MPEG-4, on Monday finalized licensing terms for the media delivery standard, bowing to market pressure for manageable royalty rates … Under the new terms, owners of Web site content can license the latest video and audio compression format for 25 cents per subscriber or 2 cents per hour, subject to a $1 million annual cap. Also, MPEG LA set a minimum threshold so that content owners with fewer than 50,000 subscribers aren’t subject to royalties. The fees are applicable to Web site operators that benefit commercially from use of the technology, through either paid advertisements, pay-per-view services or subscriptions…”
Click here to read the full story at CNET’s News.com.
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