Access Advance Launches Innovative Video Patent Pool Solution
Access Advance Announces New Video Distribution Patent Pool
Driven by the escalating demand for effective solutions in codec licensing, Access Advance LLC is thrilled to introduce its Video Distribution Patent (VDP) Pool. This initiative aims to fulfill the needs of internet video distributors by providing a comprehensive licensing framework.
Building on Established Success
The VDP Pool is designed to enhance the accomplishments of Access Advance's existing HEVC and VVC Advance Patent Pools, which have received strong support from numerous video codec implementers and patent holders. This new pool will offer a consolidated license option that includes all four cutting-edge video codecs currently in use: HEVC, VVC, AV1, and VP9. Notably, the pricing structure will feature fixed tiered rates that correspond to the scale of the distributor's operation, which promotes ease of use and financial predictability for internet video businesses.
Benefits of the VDP Pool
The licensing approach allows video distributors to select codecs based on technical advantages and business strategies instead of worrying about the complexities of multiple royalty agreements. Peter Moller, CEO of Access Advance, explained that there has been a growing trend for content streaming providers to license their codec patents directly.
Addressing Market Needs and Concerns
Many in the industry have expressed a need for a streamlined licensing solution that mitigates the risk of litigation and associated market disruptions. The VDP Pool is tailored to meet these concerns while considering the wide array of business models employed by different internet video streaming entities. Advance aims to foster rapid patent aggregation to reduce IP risks and create a foundation for fair licensing practices.
Engagement with Stakeholders
Over the past year, Access Advance has actively consulted with both internet video distributors and patent owners to fine-tune the program. The organization plans to continue these discussions over the next few months, engaging with key market players to finalize and announce the definitive royalty rates.
Incentives for Early Participation
In a bid to encourage participation, the VDP Pool presents significant advantages for internet video distributors and patent owners who join before a specified deadline. Interested parties are invited to discover the array of incentives and discounts available through direct communication with the Access Advance team.
About Access Advance LLC
Access Advance LLC specializes in the administration and management of patent pools essential for licensing pivotal video codec technologies. The organization ensures a straightforward and efficient licensing framework for both patent owners and implementers. Currently, Access Advance oversees the HEVC Advance Patent Pool for essential patents related to H.265/HEVC, in addition to managing the independent VVC Advance Patent Pool for H.266/VVC technology. These efforts are part of a broader initiative aimed at seamlessly integrating HEVC and VVC technologies for eligible licensees.
Frequently Asked Questions
What is the Video Distribution Patent Pool?
The Video Distribution Patent Pool is a new licensing program launched by Access Advance, designed to simplify codec licensing for internet video distributors.
What codecs are covered in the VDP Pool?
The VDP Pool covers four major codecs: HEVC, VVC, AV1, and VP9, addressing the latest needs of the video distribution market.
How will pricing work for the VDP Pool?
Pricing will be based on a tiered structure that depends on the size of the distributor's business, promoting simplicity and predictability.
What are the benefits of joining early?
Participants who join the VDP Pool early will receive substantial incentives and discounts, encouraging timely engagement with the program.
Who can benefit from the VDP Pool?
Both internet video distributors and patent owners are poised to benefit from the transparent, efficient licensing offered by the VDP Pool.
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