[Financial Post]
MPEG LA, LLC today announced the availability of the MVC Patent Portfolio License. The joint license includes patents that are essential to the Multiview Video Coding (“MVC”) standard for encoding and decoding 3D video. The MVC standard is used in Blu-ray Disc® 3D players, recorders, software, PCs, optical discs, 3D video cameras, and 3D playback devices. …
“MPEG LA is proud to play a role in delivering technology that enables consumers to receive the benefits of 3D video,” said MPEG LA President and CEO Larry Horn. “This license gives renewed testimony to the ability of the MPEG LA® Licensing Model to address real world market demand for access to standard-essential patents owned by multiple parties through a convenient, fair, and efficient one-stop licensing alternative enabling users to focus their resources on developing new competitive products instead of uncertainty and conflict. We applaud these fifteen patent holders for their exemplary cooperation in coming together for the benefit of the marketplace to forge a voluntary market-based solution that benefits MVC consumers.”
Bill Geary, Vice President of Business Development at MPEG LA, will introduce the MVC patent pool license at the Asia-Pacific 3D Standards & IP Forum to be held on February 24 in Seoul, Korea. Mr. Geary said, “We are honored to introduce an efficient patent licensing solution for 3D MVC video and join a multi-national panel of speakers who will address IP and standards development for 3D applications in entertainment, medicine, and education.” …
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