MPEG-4 licence terms

The EETimes reports “A deal is finally to be done on a workable licensing and royalty regime for MPEG-4 video compression, after a two-year delay”. Rob Koenen, president of the MPEG-4 Industry Forum, said: “It’s make or break for MPEG-4. The standard was frozen three-and-a-half years ago, and licences should already have been available.” EETimes adds “The licence features a royalty for each decoder and encoder sold, plus a fee for each minute decoded, currently $0.02/hour” and The Register chips in that “Fees are capped at a million dollars a year”. However, as EETimes says, “it may all be ‘too little, too late’ as the standard is leapfrogged by other technologies”.