AT&T Announces MPEG-4 Video Licensing Agreement with Nero
Posted by Sachin Garg on 14th July 2005 | Permanent Link
In a press release, AT&T today announced that Nero is the newest licensee of its MPEG-4 video worldwide licensing program. The patents underlying this global licensing effort are considered essential to the practice of the MPEG-4 video standard.
AT&T says that it is working to ensure that all providers of MPEG-4 compliant products and services have an opportunity to take a license to AT&T’s MPEG-4 patents, omitting the need for AT&T to enforce proper payments in the chain of distribution.
Seems like patented standards (with licensing fees) are becoming more of a norm rather than an exception.